Key Contacts: Andreas McConnell – Partner | Lev Gantly – Partner | Keelin Gavagan – Senior Associate |
Karbon-X a Canadian originated US listed carbon platform business has acquired the global business of Allcot AG, a Swiss incorporated project developer and trader focused on the voluntary carbon market. The deal structured through a newly incorporated Irish entity continues a wave of consolidation in the carbon market and is the first company in the sector to establish in Ireland.
The M&A and Carbon teams at Philip Lee (Andreas McConnell, Keelin Gavagan and Lev Gantly) were delighted to advise Allcot AG on this transaction as their lead lawyers with assistance from our Swiss Multilaw colleagues, Bratschi.
Congratulations to all parties involved.
