13 Oct 2025

"Citadel Acquires Hamburg-Based Power Trading Firm FlexPower with Legal Guidance from Dentons"

"Global law firm Dentons has advised the founders of Hamburg-based power trading firm FlexPower on its acquisition by Citadel, a global investment management firm. The deal, signed on October 10, 2025, is expected to close in the fourth quarter of the year, allowing FlexPower to maintain its brand as "FlexPower (a Citadel company)." This strategic investment aims to enhance FlexPower's growth by combining Citadel's risk management and technological capabilities with FlexPower's expertise in renewable markets, ultimately providing better power risk management solutions across Germany and Europe."

**Law Firms Involved in the Transaction:** Global law firm Dentons advised the founders of Hamburg-based power trading firm FlexPower on its acquisition by global investment management firm Citadel. **Transaction Overview:** On October 10, 2025, the acquisition of all shares in FlexPower by Citadel was signed, with an expected closing in the fourth quarter of the year, pending customary closing conditions. FlexPower will continue to operate under its brand as “FlexPower (a Citadel company).” This strategic investment by Citadel aims to enhance FlexPower's growth by combining Citadel’s risk management and technological capabilities with FlexPower’s expertise in the renewable market. **Dentons Legal Team:** - **Corporate/M&A, Venture Technology:** - Thomas Schubert (Lead Partner, Berlin) - Philipp Becker (Partner, Berlin) - Ilan Katz (Partner, New York) - Nick Scott (Partner, Auckland) - Alexander Reiner (Counsel, Munich) - Stefan Wintershoff (Senior Associate, Munich) - Laura Döring (Associate, Berlin) - **IP and Technology:** - Dr. Stefan Dittmer (Partner, Berlin) - Benjamin Lotz (Counsel, Berlin) - **Employment:** - Isabelle Puhl (Partner, Berlin) - Georgina McAdam (Senior Associate, Auckland) - **Competition and Antitrust:** - Dr. Maria Brakalova (Partner, Berlin) - Dr. Josef Hainz (Partner, Berlin) - Moritz Hellmann (Senior Associate, Berlin) - **Tax:** - Dr. Andreas Berberich (Partner, Munich)
Read the full story

Register for free to access daily news.

Register Free
We use cookies to improve your experience, analyze traffic, and serve targeted ads. Read our Cookie Policy.

Cookie Preferences

Customize your cookie settings. Necessary cookies are always enabled.

Strictly Necessary

Required for the website to function (e.g. login, security).

Analytics & Statistics

Help us understand how visitors interact with the website.

Marketing & Ads

Used to deliver relevant ads and track effectiveness.