Investor solution for EMOVY: Business model and jobs secured with Luther

EMOVY, a specialist in the processing of GHG quotas, has played a key role in promoting the transition to climate-friendly mobility in the past. With the takeover by Berlin-based INSTADRIVE THG GmbH, part of the international INSTADRIVE group of companies, the business concept will now be strategically expanded.

This gives the employees long-term prospects for the future. Luther's well-known distressed M&A team, led by Oliver Köhler and Dr Thorsten Becker, advised EMOVY on the sale process as part of the insolvency proceedings and made the transaction a success.

Luther's special expertise in energy regulation was the basis for the takeover and continuation of business operations by INSTADRIVE THG GmbH. Close cooperation with the insolvency administrator Olaf Spiekermann from Brinkmann & Partner enabled a viable solution for the continuation of the business to be achieved.

"It was crucial for us to secure not only the business model but also the jobs at EMOVY. Thanks to Luther's outstanding support, we were able to find a solution in a difficult situation that makes both possible. The team led by Oliver Köhler and Dr Thorsten Becker provided support with great commitment, professional expertise and foresight, paving the way for a new future," said insolvency administrator Olaf Spiekermann.

About EMOVY:

EMOVY GmbH is a company specialising in the marketing of greenhouse gas reduction quotas (GHG quotas) based in Germany. EMOVY's goal is to promote the transition to climate-friendly mobility through innovative services and digital processes. The company supports private individuals, companies and fleet operators in generating additional income with their low-emission or zero-emission vehicles, thereby actively contributing to climate protection. With a dedicated team, EMOVY combines economic efficiency with a clear commitment to sustainability and the mobility transition.

About INSTADRIVE THG GmbH:

INSTADRIVE THG GmbH, based in Berlin, is part of the internationally active INSTADRIVE Group, headquartered in Vienna. As a specialist in the processing of greenhouse gas reduction quotas (GHG quotas), it complements the Group's comprehensive service portfolio, which offers electric car customers cross-brand advice, financing, insurance, maintenance and subsidy processing from a single source. With the expansion of its GHG quota business, INSTADRIVE THG GmbH is making an important contribution to promoting sustainable mobility and achieving climate protection goals in Germany and beyond.

For EMOVY:

Luther, Corporate/M&A: Dr. Thorsten Becker (Partner)

Luther, Energy Law: Dr. Angelo Vallone (Partner), Benedikt Rechner (Counsel)

Luther, Restructuring/Insolvency Law: Oliver Köhler (Partner), Salvatore Calcagno (Counsel)