BBH acts as advisor in the takeover of Likron GmbH by the Norwegian group Volue AS

Likron will be part of the green tech group Volue. With the acquisition of Likron, a leading provider in the dynamic field of trading systems for the highly automated short-term energy trading market, Volue will expand its portfolio of software and technology services. The law firm Becker Büttner Held (BBH) provided comprehensive legal advice in the context of the deal.

The aim of the deal is to create an algorithmic trading powerhouse that can provide IT solutions for volatile and flexible energy generation, plant and portfolio optimisation and energy trading. Ten years ago, Likron was founded in Munich, Germany, to facilitate automated trading, using IT solutions and quantitative analysis. Likron’s algorithmic solutions trade significant volumes on the continuous electricity and gas markets of the energy exchanges EPEX, NORD POOL and Pegas. Volue offers IT services for the energy and infrastructure markets ranging from analysis and dispatching to asset management and monetarisation.

“Likron is a pioneer in the field of automated trading, and Volue is a global player in the green tech industry. This successful deal will bring together both strengths under one roof. We were pleased to assist in this deal,” says Wolfram von Blumenthal, lawyer and partner at BBH Munich, who – together with Alexander Labus, lawyer and specialist lawyer for international business law with a particular focus on international M&A consulting – acted as advisor in the transaction.

Becker Büttner Held is a leading provider of advisory services for energy and infrastructure companies and their customers. Energy and supply companies, particularly public utilities, municipalities and local authorities, industrial companies and international groups are among its core clients. BBH advises these and many other companies and organisations in all legal matters and also assists them with business and strategic advice.

Prof. Dr. Ines Zenke                                                  
Lawyer (Rechtsanwältin), Partner
Phone +49 (0)30 611 28 40 - 179                                                             

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