CEE Attorneys has advised the BPower Group on the sale of BPower to Bitzer.
Bitzer is a Germany-based refrigeration, air conditioning, and heat pump company.
BPower is a Czech Republic-based organic Rankine cycle systems specialist. Organic Rankine cycle technology is used to recover energy from waste heat and is suitable for lower-temperature applications.
According to CEE Attorneys, “the acquisition allows Bitzer to offer components and organic Rankine cycle systems for generating power from waste heat, thus making an important contribution to decarbonization, as well as enabling system integration.”
The CEE Attorneys team included Partner Lukas Petr and Senior Associates Veronika Fabian and Jakub Chvatal.
CEE Attorneys was unable to disclose further information on the deal.
