Oppenhoff advises on sale of Re.Lion.Bat. Circular to PreZero

Meppen — Oppen­hoff has advi­sed the share­hol­ders of Re.Lion.Bat. Circu­lar GmbH on its sale to PreZero. The legal and commer­cial trans­fer to PreZero took place in October. 

The Re.Lion.Bat. Circu­lar GmbH joint venture between the DEPPE Group and Fahr­­zeug-Werke LUEG AG has crea­ted an inte­gra­ted recy­cling process for lithium batte­ries and built Euro­pe’s largest battery recy­cling plant in Meppen, Emsland. LUEG has also estab­lished a decen­tra­li­zed logi­stics network for unloa­ding and dismant­ling via LUEG loca­ti­ons in Germany and abroad. 

Re.Lion.Bat.Circular GmbH curr­ently opera­tes Euro­pe’s largest recy­cling plant for lithium-ion batte­ries at its Meppen site. The state-of-the-art faci­lity can curr­ently process up to 30,000 tons of used batte­ries per year — with an appro­ved capa­city of 60,000 tons. 

The recy­cling process in Meppen is based on a ther­mo­me­cha­ni­cal process that first crus­hes used batte­ries and then sepa­ra­tes the mate­ri­als they contain. Plas­tics, ferrous and non-ferrous metals as well as the so-called black mass — a valuable mix of lithium, nickel, cobalt and graphite — are effi­ci­ently reco­vered. The high reco­very rate and low-emis­­sion tech­no­logy make the process parti­cu­larly envi­ron­men­tally friendly. 

The Oppen­hoff team led by Dr. Phil­ipp Hein­richs and Prof. Dr. Nefail Berja­se­vic, photo © Oppen­hoff (both Corporate/M&A) compri­sed Dr. Günter Seulen, Anto­nia Timpa­ni­dis, Julian Spruy­ten­burg (all Corporate/M&A), Marvin Roch­ner (Real Estate), Alex­an­dra Groth (Employ­ment Law), Dr. Patric Mau (IP), Marc Krischer, Daniel Gell­rich (both Tax), Holger Hofmann, Dr. Cars­ten Bormann and Maxi­mi­lian Broich (both Tax). Daniel Dohrn (anti­trust law), Dr. Patric Mau (IP), Marc Krischer, Daniel Gell­rich (both tax), Holger Hofmann, Dr. Cars­ten Bormann and Maxi­mi­lian Broich (all public law/environmental law).

About Oppen­hoff

The full-service law firm Oppen­hoff finds indus­­try-speci­­fic solu­ti­ons for corpo­rate groups, large owner-mana­­ged compa­nies and finan­cial inves­tors. More than 100 attor­neys advise on all major areas of busi­ness and tax law. Oppen­hof­f’s M&A team, which has recei­ved nume­rous awards in indus­try hand­books, has been advi­sing natio­nal and inter­na­tio­nal compa­nies on tran­sac­tions and corpo­rate law matters for deca­des. Oppen­hoff has alre­ady advi­sed the DEPPE Group on the battery recy­cling joint venture with Fahr­­zeug-Werke LUEG AG and the resul­ting Re.Lion.Bat. Circu­lar on the cons­truc­tion of the battery recy­cling plant. — Oppen­hoff & Part­ner Rechts­an­wälte Steu­er­be­ra­ter mbB (“Oppen­hoff”) is a part­ner­ship regis­tered in the part­ner­ship regis­ter of the Essen Local Court with the regis­tra­tion number PR 1850 and its regis­tered office in Colo­gne. — www.oppenhoff.eu