homee shareholders sell shares to Novaco Invest

Stutt­gart — Menold Bezler advi­sed the share­hol­ders of the smart home provi­der homee GmbH on the sale of one third of their shares to Novaco Invest GmbH. The remai­ning shares are still held by Code­ate­lier GmbH from Stutt­gart and the Austrian energy service provi­der Ener­gie Stei­er­mark AG.

The Berlin-based start-up homee offers a modu­lar smart home solu­tion that combi­nes diffe­rent wire­less stan­dards from diffe­rent manu­fac­tu­r­ers. Users can expand the appli­ca­tion as desi­red via add-on modu­les in cube form and control the devices remo­tely via an app.

Novaco Invest is a subsi­diary of the Markt­hei­den­feld sun protec­tion supplier Warema Renk­hoff SE. Warema and homee alre­ady worked toge­ther on the deve­lo­p­ment of the Warema WMS cube and the parti­ci­pa­tion is inten­ded to further streng­then this coope­ra­tion. Warema contri­bu­tes exper­tise in the areas of indoor climate, sunlight manage­ment and elec­tro­nic compon­ents in particular.

A Menold Bezler team advi­sed the share­hol­ders of homee GmbH on all tran­­sac­­tion-rela­­ted legal issues.

Advi­sors Code­ate­lier GmbH and Ener­gie Stei­er­mark AG: Menold Bezler (Stutt­gart)
Jens Schmelt (lead part­ner), Dr. Kars­ten Gschwandt­ner (both corpo­rate law/M&A)

Advi­sor Novaco Invest GmbH: Esche
Dr. Stephan Bauer, Lead Part­ner, Corpo­rate, Hamburg
Lara Bos, Asso­ciate, Corporate
Hendrik Grei­nert, Asso­ciate, Corporate
Greta Groffy, Asso­ciate, Employ­ment Law

About Menold Bezler
Menold Bezler is a part­­ner­­ship-struc­­tu­­red commer­cial law firm based in Stutt­gart. More than 120 profes­sio­nals offer legal advice, tax advice, audi­ting and busi­ness manage­ment advice from a single source. Our clients include well-known medium-sized compa­nies, listed corpo­ra­ti­ons, public compa­nies and non-profit orga­niza­ti­ons. More at www.menoldbezler.de.