26 October 2021 Press releases

Green Invest­ment: GvW advises ddvg subsi­diary on invest­ment of Umwelt­bank in Utopia

GvW Graf von Westphalen has advised GLG Green Lifestyle GmbH, the previous sole shareholder of Utopia GmbH, on the minority investment of UmweltBank Aktiengesellschaft in the company.

Together with its investment portfolio, GLG Green Lifestyle GmbH, a 100% subsidiary of Deutsche Druck- und Verlagsgesellschaft (ddvg), is Germany’s largest media group for green lifestyle. The company is implementing a digital investment strategy and makes long-term investments into sustainable companies.

Utopia GmbH operates a leading German-speaking online platform for sustainability. It develops media as well as communication solutions on sustainable lifestyle. In 2014, GvW Graf von Westphalen already advised the ddvg Group on its investment in Utopia GmbH (more).

UmweltBank Aktiengesellschaft is an independent private bank with approx. 14,000 shareholders. It supports the sustainable development of society with the aim to maintain and create a liveable world for future generations. With these values, it operates its banking business and makes investments.

Under the lead of Hamburg based partner Dr Ritesh Rajani (Corporate/M&A), GLG Green Lifestyle GmbH was advised by a team consisting of partners Dr Joachim Mulch (IP; Dusseldorf) and Dr Patrick Wolff (Commercial; Hamburg) as well as associates Jana Dahlgaard, Gregor R. Mertens (both Corporate/M&A; Hamburg) and Sven-Erik Holm (Data Protection; Frankfurt).

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