Renzenbrink & Partner advises on Series-A-financing round of Pepper Motion
27 April 2022
Renzenbrink & Partner advises Friedrich & Wagner Holding GmbH (“F&W Holding”), the founder and main shareholder of Pepper Motion GmbH (“pepper”), on pepper’s EUR 30 million Series-A-financing round with Hamburg-based family office Lennertz & Co. as lead investor and Würth Group as strategic investor.
As the world’s first digital OEM, pepper develops innovative solutions for the electrification of used and new commercial vehicles such as trucks in distribution transport, buses in local public transport (LPT) and municipal vehicles.
Renzenbrink & Partner already advised F&W Holding a few months ago on the sale of all shares in in-tech GmbH to Deutsche Beteiligungs AG and the re-investment of F&W Holding.