Baker McKenzie advised South Pole Holding AG ("South Pole") on successfully completing their purchase of 100% of the shares in Carbonsinkgroup s.r.l. ("Carbonsink").
Carbonsink operates a consulting business providing net-zero decarbonization and climate risk management strategies for companies. It was founded in 2011 as a spin-off of the University of Florence and today has offices in Florence, Milan (Italy) and Maputo (Mozambique).
Together, Carbonsink and South Pole will accelerate climate ambition and step up the transition to a climate-smart society. With combined resources, they will advise corporations on climate action, advance cutting-edge digital solutions for carbon management systems and develop innovative projects as demand for high-quality carbon credits continues to grow.
A cross-border Baker McKenzie team led by Pascal Richard (partner, M&A) and Kilian Perroulaz (partner, tax/M&A, both Zurich office) advised South Pole on all legal and tax aspects of this transaction. They were assisted by Kevin Ardüser (associate, M&A, Zurich office), Sara Belotti (counsel, M&A) and Cristina Brevi (associate, employment, both Milan office).