IFLR1000

SolarEdge $77 million acquisition of 51% stake in SMRE

24/1/2019
Public acquisition
Select tab

€ 77 million

Announced

24/1/2019

Overview:

  • Smart energy technologies supplier SolarEdge Technologies has acquired a 51% stake in e-mobility technology provider SMRE for $77 million.
  • SolarEdge Technologies will also launch the mandatory takeover bid for the entire capital of SMRE.

Rajeeb Gurung - Researcher

Jurisdiction:

Italy

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Energy

Firms:
ADVANT Nctm

Party: SolarEdge Technologies (Acquirer)

Lawyers: Andrea lovieno, Lukas Plattner

Grimaldi Alliance

Party: SMRE (Seller)

Lawyer: Paolo Daviddi

Related deals