Hengeler Mueller with Messer on partnership with Lhyfe
Hengeler Mueller advised Messer on strategic partnership with Lhyfe and acquisition of 30% stake in four green hydrogen projects.
Messer is a privately-owned specialist in industrial, medical, electronic and specialty gases. Lhyfe produces green and renewable hydrogen for the decarbonisation of industry and mobility. Messer is acquiring a 30 percent stake in four of Lhyfe’s green hydrogen projects in France and Germany. The two partners will sign a 10-year contract on the supply of Messer with renewable hydrogen.
Completion of the transaction is expected in the coming months and remains subject to lenders’ consent, in accordance with in-place financing documentation.
Hengeler Mueller advised Messer on the transaction and the financing of the hydrogen projects. Best-friends law firm Bredin Prat (Barthélémy Courteault, Samuel Pariente, both Paris) advised on French aspects of the transaction and the financing.
The Hengeler Mueller team
The Hengeler Muller team included partners Sebastian Schneider and Annika Clauss, senior associate Christoph Roggemann, and associate Lukas Buchwaldt (all corporate and M&A, all Frankfurt). The lineup also included partner Johannes Tieves, and counsel Tom Shingler (both financing, both Frankfurt).
