Gessel has advised Elemental Strategic Metals on the merger clearance to form a joint venture called Elemental Strategic Metals with the American company Ascend Elements.
Grodzisk Mazowiecki-based Elemental Strategic Metals is part of the Elemental Holding Group, a manufacturer of raw materials sourced in a sustainable and environment-friendly way.
Westborough, Massachusetts-based Ascend Elements is a provider of sustainable, closed-loop battery materials solutions.
Earlier in 2024, Gessel advised Elemental Strategic Metals on the formation of the joint venture with Ascend Elements (as reported by CEE Legal Matters on April 16, 2024).
The Gessel team included Partners Karol Sokol and Bernadeta Kasztelan-Swietlik, Managing Associates Michal Osowski and Karolina Krzal, Senior Associates Maciej Kiraga and Natalia Lesna, and Junior Associate Zuzanna Sojka.