BayWa r.e. bioenergy GmbH signed an agreement to acquire a 18.9466% stake in Alvus S.r.l and Favus S.R.L. - Favus Gmbh from Ecomembrane S.r.l. on August 9, 2023. The agreement, in addition to providing a set of declarations and guarantees, provides for the occurrence of certain conditions precedent before the closing, expected by the end 2023.

BayWa r.e. bioenergy GmbH completed the acquisition of 18.9466% stake in Alvus S.r.l and Favus S.R.L. - Favus Gmbh from Ecomembrane S.r.l. on October 12, 2023. D.Ct Deutsche Cleantech Gmbh acted as financial advisor to Ecomembrane S.r.l.