Press releases
6/05/22
Racine and Bird & Bird advise Free2move (Stellantis group) on the signing of the agreements for the acquisition of Share Now
Racine and Bird & Bird are advising Free2move (Stellantis Group) on the signing of the agreements relating to the acquisition of Share Now, a car-sharing platform, created in 2019 between BMW Group and Mercedes-Benz Mobility AG as a joint-venture. This transaction remains subject to merger control approvals.
Racine acted as counsel to Stellantis (Free2move) on merger control aspects with Bastien Thomas (partner), François Aubin and Cécilia Pataut (associates).
Bird & Bird advised Free2move with a team led in Paris by Carole Bodin (partner), Sofia El Biyed and Céline Sol (associates), who coordinated the project and acted on the corporate/M&A aspects; Anne-Charlotte Le Bihan (partner) and Claire-Amélie Bratel (associate), on the intellectual property aspects; Ariane Mole (partner), Oriane Zubcevic and Marine Hamon (associates) on data protection aspects; Boris Martor (partner) and Raphael Weiss (associate) on regulatory aspects; Alexandre Vuchot (partner), Stéphane Leriche (partner) and Sacha Bettach (associate) on commercial contracts and IT aspects.
In Germany, Bird & Bird’s Corporate/M&A team in Frankfurt, with Kai Kerger (partner), Johanna Schindler and Tamara Böhmert (associates) advised Free2move in this transaction. The Frankfurt, Munich, Düsseldorf, and Hamburg offices were also involved, with Alexander Duisberg (Partner – Munich) and Miriam Ballhausen (Partner – Hamburg) on commercial contracts/IT; Markus Koerner (Partner – Munich) on intellectual property; and Matthias Lang (Partner – Düsseldorf) on regulatory aspects. In addition, Lourdes Ayala (Partner – Madrid), Alberto Salvadé (Partner – Milan) and Pauline Vos (Partner – The Hague) coordinated the audits in Spain, Italy and the Netherlands.
PwC advised Free2Move on the tax aspects of the transaction with Delphine Bocquet (partner – Paris) and Julien Martinez (associate – Paris), Ralf Ulrich Braunagel (partner – Frankfurt) and Wiebke Henning (associate – Frankfurt) and with Fanny Marchiset (partner – Paris) on the employment law aspects.
Hogan Lovells advised BMW Group and Mercedes-Benz Mobility AG with Nikolas Zirngibl (partner – Munich) and Thiemo Woertge (associate – Munich) on corporate/M&A aspects; Falk Loose (partner – Munich) on tax aspects; Falk Schoening (partner – Munich) on merger control aspects.
