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Consumer & Retail | Real Estate | TMT

sigo green GmbH has acquired the assets of sigo GmbH in the context of insolvency in self-administration

sigo GmbH has sold its assets as part of a transferring reorganization to sigo green GmbH.

With its inductive charging stations, sigo GmbH is one of the first providers of a fully automated e-cargo bike system in Germany, including proper software solutions. The company operates in a B2B2C model and cooperates with the housing industry and municipalities to drive the transition to e-mobility. Over the past five years, sigo has been a frontrunner in the mobility transition and has significantly contributed to changes and improvements in the industry. With its holistic product and service offering, sigo has established itself as a leading provider of shared e-cargo bikes solutions.

sigo green was newly founded for the acquisition of sigo’s assets and is owned by the well-known entrepreneur and founder of Akasol AG, Felix von Borck. The investor has extensive experience in the areas of e-mobility, company set up and development. Through his know-how and under the direction of a new management board, sigo green will be steered toward its planned growth and profitable operation.

Oaklins’ team in Germany exclusively advised the managing directors of sigo GmbH on the search for investors and the sale of the assets in the context of the insolvency in self-administration.

Parties
“Despite the difficult market environment, Oaklins managed to set up a competitive M&A process and get it over the finish line in a very short period of time.”

Thorsten Näbig

Managing Director, sigo GmbH

Talk to the deal team

Oliver Grigat

Director
Frankfurt, Germany
Oaklins Germany

Christian Moritz

Associate Director
Frankfurt, Germany
Oaklins Germany

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