BRUSA HyPower completes strategic growth equity investment by Bosch Rexroth, M&G Investments and Temasek
BRUSA HyPower AG, a Swiss based technology leader in the field of energy converters and an innovative global supplier for power conversion systems for heavy-duty applications, has completed an investment agreement with Bosch Rexroth, M&G Investments and Temasek.
Under the terms of the investment agreement dated 29 June 2022, Bosch Rexroth, M&G Investments and Temasek have agreed to invest into BRUSA HyPower. BRUSA HyPower intends to use the funds to accelerate product development and scale manufacturing capabilities to meet the rising demand for energy conversion systems for fuel cell and battery electric vehicle applications.
Niederer Kraft Frey advised BRUSA HyPower in this transaction. The NKF team was led by partners Till Spillmann and Andrea Giger (both Corporate/M&A), working with partners Clara-Ann Gordon (Data Protection), Nicolas Birkhäuser (IP/IT), Markus Kronauer (Tax) and Philip Spoerlé (Financing), senior associate Deirdre Ni Annrachain (Corporate/M&A), associates Katalin Siklosi, Benedikt Hadorn, Samuel Hochstrasser, Corinne Russi and Michel Herren (all Corporate/M&A) and junior associates Reto Seiler and Alexander Züger (Corporate/Financing).