PPF Group Sells Remaining 30% Stake in LEAG Holding to EP Group
Deal News | Apr 24, 2025 | CEE Legal Matters
BBH has provided legal counsel to PPF Group in the divestiture of its residual 30% stake in LEAG Holding, transferring ownership to EP Group. LEAG Holding, a key player in Germany's energy sector with operations in lignite mining and electricity generation, sees its shares fully acquired by EP Group. The legal advisory team from BBH, led by Partner Petr Precechtel, facilitated the transaction, marking a strategic withdrawal for PPF Group from the energy company. This move aligns with PPF Group’s focus on refining its investment portfolio.
Sectors
- Energy
- Legal Services
Geography
- Germany – LEAG Holding is based in Germany, operating in the energy sector.
- Czech Republic – PPF Group and BBH are both based in the Czech Republic, offering context for the transaction's advisory component.
Industry
- Energy – LEAG Holding operates in lignite mining and electricity generation, both key segments of the energy industry.
- Legal Services – BBH provided legal advisory services in the transaction, a crucial role in deal execution within the legal industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PPF Group | Seller | Company | A multinational investment company, it divested its stake in LEAG Holding. |
| LEAG Holding | Target | Company | A German energy company active in lignite mining and electricity generation. |
| EP Group | Buyer | Company | A company that acquired the remaining shares of LEAG Holding from PPF Group. |
| BBH | Legal Advisor | Company | The legal firm that advised PPF Group on the sale transaction. |
| Petr Precechtel | Partner | Person | Partner at BBH who led the legal advisory team for PPF Group. |