In recent months, DreistStorgaard has advised on several transactions in the energy field.

In December, we assisted with the sale of Viking Energi A/S to Kosan Gas A/S, which is owned by the American UGI International group - read more here.

Most recently, in January, we assisted the sellers of Ringsted Biogas ApS with the sale to BioCirc ApS, which with Ringsted Biogas ApS adds a fifth biogas plant to the portfolio. BioCirc ApS is a joint venture between the asset manager Maigaard & Molbech and European Energy. The sale of Ringsted Biogas ApS was made in collaboration with Boje & Ladekjær, who, among other things, mention the transaction here .

Recently, DreistStorgaard has added significant new resources and skills to the energy team, i.a. partner Martin Skovbjerg, who came from the law firm Magnusson. Before that, Martin has a past as long-standing global chief legal officer at the Danish energy sector company Welltec, which makes high-tech solutions for the industrial sector, including oil, gas and geothermal, as well as experience from Rolls Royce Industrial Power. Martin therefore has extensive experience with the energy sector's legal and tax matters as well as transactions in this industry, incl. financing.

In addition, the other partners in DreistStorgaard's M&A team, Svend-Aage Dreist Hansen, Søren Storgaard and Nikolaj Juhl Hansen, have extensive experience in the energy field and have assisted clients in this area for a number of years. Nikolaj Juhl Hansen has worked in the energy area both at Magnusson and the English law firms Travers Smith and Eversheds Sutherland, where he was part of the global energy team.

DreistStorgaard's managing partner Svend-Aage Dreist Hansen says:

"The energy area has long been an important business area for us; both with a general focus on the green transition and of course on the energy crisis, which as a result of the war in Ukraine has led to a sharp increase in the number of cases in this area. It is therefore fantastic that we now have a team of highly experienced people who can help our clients navigate the development and operational phases as well as assist with transactions. It is an area that we expect a lot from in the coming years”.

The energy area at DreistStorgaard

The team has extensive knowledge, experience and competences to be able to advise precisely within the Energy area, and advises e.g. in connection with:

• Development and construction of plants, operation and maintenance within wind power, gas, P2X, biogas, district heating, geothermal energy and oil & gas pipelines
• Drafting and commenting on FIDIC contracts
• Contract management in relation to ongoing compliance with FIDIC or other relevant regulations, assessment and negotiation in relation to bidding, financing, M&A and investment transactions, disputes,
• Assessment of transactions and public procurement in the energy sector in relation to FDI rules and international sanctions
• Assessment of communication in relation to the greenwashing rules ( Article on Greenwashing )
• IP protection (protection and enforcement of trademarks and patents, as well as other forms of technology protection)
• Technological development projects, incl. Sponsored and Joint Venture development projects
• Environmental permits and planning legislation
• Port rental projects (onshore support operations)
• Health & Safety Offshore (Health & Safety Offshore)
• Standard contracts
• Risk management
• Tax matters

If you need advice in the area of ​​energy, do not hesitate to contact us on telephone 5663 4466 or send an email to kontakt@dslaw.dk .

Recently, DreistStorgaard has been able to say that we have advised in connection with a number of M&A transactions - e.g. the news about Brandgruppen ApS and the news about a group of electrical installers - and we are proud that our business team has now also helped two exciting and innovative scale-ups to close investment rounds.

One is the company CLIIN Robotics; A high-tech company that, based on extensive knowledge of the shipping industry and the industry's challenges in reducing the pressure on the environment, has developed a robot that can clean ships using only water, both on the "inside" of tanks and holds as well as on the "outside" of the hull below the water surface. You can read more about CLIIN Robotics here: https://cliin.dk/vision-mission-ambition

The other is a life science company which, however, has not yet published the transaction itself.

Nikolaj Juhl Hansen, who joined DreistStorgaard at the end of 2022, is the partner in charge of clients for both companies, and in both cases it is companies and founders that he has fully from the start.

Nicholas says:

“We are looking into a difficult financing market for start-ups and scale-ups at the moment, where money is much less loose than in 2020 and 2021. The collapse of Silicon Valley Bank does not make it any easier. But there are still a lot of great companies and people out there working to solve some of the problems facing the next generations. Being able to support companies that work with the development of a completely new form of treatment and the other a lower energy consumption in and even a safer shipping industry, and to see them "grow up" is a really good feeling".

In addition to Nikolaj Juhl Hansen, DreistStorgaard's team consisted of Casper Simonsen, Martin Skovbjerg and Søren Theilgaard.

With the opening of an office in Copenhagen, DreistStorgaard has increased our focus on the entrepreneurial world and in addition to having a number of entrepreneurial companies as clients, we participate in a number of networks and generally support entrepreneurship.

Among other things, we are proud to be part of Tech Nordic Advocates, the Nordic/Baltic part of the global network Global Tech Advocates, where Nikolaj Juhl Hansen has just been appointed as a member of the steering group working with an initiative to increase the focus on female entrepreneurs. See more here: https://www.technordicadvocates.org/wp-content/uploads/IntSG.pdf

In addition, we help pro bono Go Zebra; an NGO that, via entrepreneurship academies, puts entrepreneurship on the school syllabus for children aged 10-13. See more on their website https://www.gozebra.dk/ , and on 29 March we celebrated the entrepreneurs of the future in connection with Future Entrepreneurs of Denmark visiting us - a story you will soon know more about here on the website and you can read much more here https://thehub.io/startups/fed-future-entrepreneurs-of-denmark .

In recent months, Martin Skovbjerg and Nikolaj Juhl Hansen have joined as new partners at DreistStorgaard, and one of the strategic focus areas behind the recruitments is to be able to support our customers in connection with transactions and trade with foreign countries.

Martin and Nikolaj both have extensive experience in this area, and both have more than 20 years of process-managed legal advice abroad, e.g. company acquisitions, entering into strategic partnerships and commercial agreements, handling disputes, rolling out compliance programs, etc.

In this context, DreistStorgaard are members of the International Bar Association, so that we thus have a finely meshed network of lawyer connections locally as well as members of the more commercially focused organizations such as the British Chamber of Commerce and the Danish-Chinese Business Forum.

As Denmark's Foreign Minister Lars Løkke Rasmussen announced in connection with the update of the foreign policy strategy, a lot is currently happening on the African continent, and many Danish companies are opening their eyes to the business opportunities. With this development as a background, DreistStorgaard has entered into a partnership with the Africa Innovation Network , which is a network organization for Nordic companies with a focus on Africa ( Read more ). AIN advises, among other things, on business models, geographic selection of markets and entering into partnerships.

Martin Skovbjerg has previously, as long-standing chief legal officer at Welltec, worked with African matters and has experience with transactions, cross-border tax matters, handling anti-corruption programs, project implementation and general business development in a large number of countries including Libya, Algeria, Mauritania, Gabon, Nigeria, Angola, South Africa, Egypt, Equatorial Guinea, DR Congo, Ghana and Sao Tome & Principe.

During his time at the English law firms Travers Smith and Eversheds Sutherland, Nikolaj Juhl Hansen has been responsible for a wide range of legal advisory tasks in the Middle East and Africa, and is currently working with several clients who are in the process of rolling out their business on the African continent .

DreistStorgaard's managing partner Svend-Aage Dreist Hansen says:

"With the recruitment of Martin and Nikolaj, we are working strategically to focus on helping our customers around the world. It has previously been Europe, the USA and Asia that have been in focus, but we believe that in the coming years there will be a lot of focus on Africa as a place where business opportunities are lined up, including in the energy and infrastructure area and it fits well with the focus we have in our new energy team. We have two strong profiles in Africa with Martin and Nikolaj, so the partnership with Africa Innovation Network makes an incredible amount of sense."

The first time DreistStorgaard participates in an event under the auspices of the Africa Innovation Network is on 8 June when "Funding Your Business in Africa – Today's financing opportunities" ( Link to the event here ) is on the programme.

Interested clients and other contacts can write to Martin ( mask@dslaw.dk ) or Nikolaj ( njh@dslaw.dk ) if the event is of interest.

Earlier this year, DreistStorgaard assisted the Environmental Health Organization (DMO) in connection with the purchase of Jyderup Private Full Day School ( read more ) and we have now again assisted the DMO.

This time with the purchase of Holmegaardshuset, which is a place of residence that accepts children, young people and families either urgently or planned.

DMO is a company that is active in the operation of residences, residential facilities and day care schools, all of which are characterized by living up to the organisation's desire for recognition, closeness, well-being and development for children, young people and adults - and Jesper Christensen, who is owner-manager at DMO, is now expanding again.

Jesper talks about the relationship with DreistStorgaard:The collaboration with DreistStorgaard, Nikolaj Juhl Hansen and Casper Simonsen is excellent. We felt again in safe hands”.

Nikolaj Juhl Hansen, who is a client partner for DMO, says:We are happy to have once again assisted Jesper and DMO with an expansion of the business. We generally see a number of transactions in this segment; companies that are active in the social field at the moment, so it is an exciting field to be in”.

DreistStorgaard's team consisted of Casper Simonsen and Nikolaj Juhl Hansen, and they assisted DMO with all aspects of the transaction.

DreistStorgaard is generally busy in the transaction area at the moment and we do not see a slowdown in buying interest in the SME segment. ( Read more news here )

DreistStorgaard together with Nordea will hold an event on "The good change of ownership" in Køge on 8 June. Invitation appears here .

If you need advice on buying and selling businesses, we are ready to help with all aspects of the deal. You can contact us on phone 56 63 44 66 or by email kontakt@dslaw.dk.

DreistStorgaard has assisted the Danish company FabricAir in connection with the purchase of Borealis Wind Inc. in Canada.

DreistStorgaard has a long-term customer relationship with FabricAir, which, based in Denmark, has developed into a global market leader in the design and production of textile-based air distribution solutions for a wide range of applications.

Before the purchase of Borealis Wind, FabricAir had already established itself with subsidiaries in 15 countries, including the USA, China, Turkey, Poland, Lithuania, Germany and a number of other EU countries as well as Mexico.

Borealis Wind is a company started by Daniela Roeper in 2016 that has developed a patent-protected technology for de-icing wind turbine blades.

Together with the local US/Canadian law firm Cozen O'Connor, DreistStorgaard has assisted FabricAir in all aspects of the transaction, including entering into the letter of intent, conducting due diligence, drafting transaction documents and negotiating terms.

Brian Refsgaard, who is CEO and owner manager at FabricAir says: "We chose DreistStorgaard to manage the process around our purchase of Borealis Wind based on the relationship of trust we have with them. Nikolaj Juhl Hansen and Casper Simonsen were the Danish part of the transaction team, and you can tell that they have a lot of experience in process management of this kind of transaction. We have felt well supported throughout. A really good experience".

Nikolaj Juhl Hansen, who joined DreistStorgaard as a partner in November 2022, was responsible for managing the process for FabricAir and says: "A fantastic opportunity to work with Brian in the expansion of FabricAir's business. All parties see great opportunities in this acquisition. Helping our customers navigate law and entering into agreements outside Denmark's borders is a strategic focus area for us, and together with my partner colleague Martin Skovbjerg, I have a team that has extensive experience in this area.”

In the cross-border M&A area, DreistStorgaard has recently, among other things, assisted Brandgruppen in connection with the sale to American Jensen Hughes ( Read more here ) and a number of authorized electrical installers in connection with the sale to the Norwegian capital fund Credo Partners ( Read more here ) .

DreistStorgaard has also recently established an energy team that also focuses on the cross-border area (read more here) just as, in relation to Africa, we have just entered into a strategic partnership with the Nordic organization Africa Innovation Network (read more here), which may very well become the next major growth area for Danish companies and complements the other organizations we are members of and which focus more on the traditional places where Danish companies have established themselves, including England, the EU, the USA and Asia (especially China) .

If you need advice on buying and selling businesses, you can contact us on 56 63 44 66 or kontakt@dslaw.dk.

At the beginning of June, we were able to welcome Christine Finderup Vigsted, who is our new property administrator in Næstved.

Christine has studied a cand. soc. in law, and has worked as an asset manager at SF Management. At DreistStorgaard, Christine will initially deal with rental properties etc

Christine says:

I chose DreistStorgaard because, after education and two children, I wanted the right work/life balance. A working life where there is both room for the family and for developing one's skills. DreistStorgaard also had some exciting ambitions and visions for the future, which I would like to be a part of.

A big welcome to Christine!

We face the summer months with new and positive trade figures from the housing side. These figures show, among other things, that house sales in May 2023 are at the highest level since the same month last year.

According to the trade figures, a total of 7,360 homes were sold nationwide in the month of May. This is 22% more than what was sold in the month of April.

Sales of villas are as much as 24% higher than in April, while apartments and holiday homes were also attractive in May.

"We continue to experience greater activity on the properties we have for sale and the buyers we meet at showings are ready to buy and positive. This suggests that optimism has returned to buyers. If you are thinking of selling or are going to buy a home, now is the time. So don't hesitate, get in touch with us and we are ready to help you, whether you are selling or buying a home"

By estate agent Fie Dam Jacobsen

Source: https://www.boligsiden.dk/pressemädelingen/boligsalget-i-maj-er-det-hoejeste-i-et-aar

If you are looking for a new holiday home, you can be pleased that the options have become much more numerous. New supply figures from Boligsiden in March 2023 show an increase in the number of holiday homes for sale.

Spring and the milder weather have made several summer house owners think of selling. New supply figures for early June show an increase in the total number of holiday homes for sale in Denmark of 20 percent. This is happening after the total supply of holiday homes reached the lowest level since the beginning of 2015 at the beginning of March this year.

"There is no doubt that there has been a boost in the supply of holiday homes this spring. And especially in our area in Stevns Municipality, the number has increased by 80 percent since the beginning of March this year. This is the highest increase nationally, but it must also be said that it is an area which does not have the largest proportion of holiday homes, and the high increase in supply is therefore also made up of a relatively small number of holiday homes. But the trend is the same nationwide and that's great", says Estate agent in DreistStorgaard Bolighandel Camma Ryborg.

If you are selling your holiday home or need help buying your dream holiday home, our estate agent Camma Ryborg and her team are ready to help. Contact her at cry@dslaw.dk or 8862 1001.

On 1 January 2023, DreistStorgaard opens the doors to a new office in Holbæk.

In mid-September, DreistStorgaard was able to announce a new office in Copenhagen and new premises in Århus. Today, DreistStorgaard is expanding with another location – this time in Holbæk, where the doors to the new office will officially open on 2 January 2023.

The new Holbæk office will be run by an experienced team of lawyers with local knowledge, and both existing and new clients will be guided and advised from the new premises in Holbæk.

DreistStorgaard has long looked at the possibility of further establishing ourselves in Northwest Zealand and was given a unique opportunity to start a collaboration with a local lawyer as responsible partner. That was the starting point for opening a new office in Holbæk. The publication of the new employees who will be associated with the office takes place as part of the opening of the office.

"The most important thing for DreistStorgaard is the close and close relationships we form with our clients. With the new office and team in Holbæk, we are represented in Northwest Zealand, and we can handle new and exciting challenges in collaboration with our clients and the city. We want to be part of the city's development, and we look forward to welcoming you in the new premises." says Svend-Aage Dreist Hansen, partner and lawyer at DreistStorgaard.

The office will have an address in Sportsbyen Holbæk, which will be part of the newly built office leases. The sports town has a lively environment with many activities within both business and sport. It is an inspired environment, with a focus on business, culture and sport, which DreistStorgaard becomes a part of and wants to contribute to.

We look forward to inviting you to the reception and inauguration of the new premises in the new year.

The new office in Holbæk gives DreistStorgaard the opportunity to create exactly the right client advice with safety and proximity in focus. There will be an opportunity to create the optimal framework in the immediate area for existing and future relationships, and in addition, Holbæk and Northwest Zealand are attractive market areas in rapid development, which provide the opportunity to collaborate with companies in Holbæk and the surrounding area.

In addition to the new office in Holbæk, DreistStorgaard has offices in Køge, Copenhagen, Århus, Næstved and Sorø - and a staff of +85 spread over the various offices.

For further information

Lawyer & partner Svend-Aage Dreist Hansen on phone 4015 0917 or email sah@dslaw.dk

Lawyer & partner Søren Storgaard on phone 20 61 86 81 or ssto@dslaw.dk