Prague, September 18, 2024 – Global law firm Dentons has advised Yanmar Group, a Japanese-headquartered global engine and machinery manufacturer, on its acquisition of TEDOM, a Czech-based energy engineering company, from Jet Investment fund. This acquisition is a significant step for Yanmar in enhancing its global footprint in the energy sector, aligning with its commitment to sustainable growth and innovation.


The share purchase agreement was signed on September 4, 2024, and the transaction is currently awaiting approval from the relevant regulatory authorities.

 

TEDOM Group is a global manufacturer of cogeneration units and a provider of maintenance services for decentralized energy systems. The company also offers a range of energy services including power generation, power balancing, electricity and gas sales, and ESG consulting. With operations in the Czech Republic, Germany, Poland, Slovakia, the United States, the United Kingdom, and Kazakhstan, TEDOM Group is expected to generate approximately €315 million in revenue in 2024.

 

Mr. Peter Aarsen, CEO of Yanmar Energy System International, said: “This was a strategic transaction for Yanmar Group. The complex transaction of a global company required Dentons' guidance and advice, which was crucial in navigating the complexities of this cross-border acquisition. The team at Dentons provided valuable, pragmatic and unwavering support, ensuring a smooth process and a successful outcome.”

 

A cross-border Dentons team from the Czech Republic, Germany, the Netherlands, Poland, Kazakhstan, Slovakia, the UK, and the US advised on the deal. Counsel Lukáš Výmola (Prague), Senior Associate Jan Gerych (Prague) and Associate Kryštof Vrtek (Prague) led the Dentons’ cross-border team, supported by Partners Petr Zákoucký, David Šimek (both Prague) and Kuif Klein Wassink (Amsterdam).

 

The due diligence team also included Associates Michal Vik, Kateřina Kučerová, Junior Associates Arne Delong, Jana Dudychová, Associate Jan Sedlák and Senior Associate Michael Mráček (all from the Prague office), Partner Juraj Gyárfáš, Senior Associate Tatiana Jevčáková and Junior Associate Roman Kettner (all from the Bratislava office), Counsel Jeannette Meyer, Senior Associates Marcus Roick and Josef Tahmaz (all from Berlin or Düsseldorf office), Managing Counsel Marcin Paliwoda, Senior Associate Beata Błaż, Associate Martyna Oziembała and Junior Associate Karolina Gerula (all from Warsaw office), Partner Christopher Colclough and Senior Associate Chris Northway (all from Milton Keynes (UK) office), Partner Ilan Katz in New York and Partner Gani Ashimkhan and Associate Bakdaulet Imanbaev (all from the Almaty office).

 

Dentons’ competition team also included Partner Petr Zákoucký, Senior Associates Tomáš Pavelka and Adam Přerovský and Associate Robert Květoň in Prague, Partner Josef Hainz, Counsel Arne Karsten and Associate Maximilian Gampe in Berlin, and Partner Agnieszka Stefanowicz-Barańska, Counsel Maciej Marek and Associate Maciej Gardzielik in Warsaw.

 

 

About Dentons

Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you. www.dentons.com