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CMS and Ellex Advise on TurboVolt's Sale to Eleport

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CMS has advised TurboVolt on its sale to Eleport. Ellex advised Eleport and, reportedly, Schoenherr advised Eleport on Austrian, Croatian, and Slovenian law.

TurboVolt is a Vienna-based EV charging infrastructure start-up focusing on the development and operation of fast charging networks in CEE and SEE.

Eleport is an Estonian-based EV charging provider in CEE.

According to CMS, "With the strategic acquisition of TurboVolt, Eleport accelerates its expansion in Croatia and Slovenia and takes a decisive step towards becoming the leading EV charging network in CEE."

The CMS team included Partners Georg Gutfleisch, Marija Musec, and Sasa Sodja, Attorney at Law Ana Slovenec, and Associates Alexandros Hantasch and Rebecca Herlitz.

The Ellex team included Partner Sven Papp and Counsels Gerda Liik and Gerd Laub.