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Watson, Farley & Williams advises Robert Bosch Venture Capital on its investment in Torqeedo GmbH

26 April 2012

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Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised Robert Bosch Venture Capital GmbH on its acquisition of a shareholding in Torqeedo GmbH, a global leader in the electric boat motor industry, based in Starnberg, Germany.

Robert Bosch Venture Capital acquired a minority shareholding in Torqeedo GmbH in an institutional financing round. Previous investors in Torqeedo also participated in this financing round in addition to Robert Bosch Venture Capital.

Torqeedo GmbH was formed in 2005 and is a pioneer in developing, launching and establishing electric outboard motors. Torqeedo has won multiple awards for its high-performance motors that are feature integrated lithium batteries, ultra-light design and innovative electronics and is a global leader in the market for electric outboard motors up to 15 hp.

The Watson, Farley & Williams (Hamburg) team was led by Dr. Christian Ulrich Wolf, assisted by partners Verena Scheibe (Tax); Anthony Backos (Corporate); Patricia Iandoli (Tax; both New York); and associates Dr. Christine Bader (Regulatory); Dr. Jan-Philipp Meier (Corporate); Steven Hollander (Corporate; New York).