Taylor Wessing advises 1-4-9 on its investment in Leviathan GmbH

Under the leadership of Hamburg partner Carsten Bartholl, the international law firm Taylor Wessing advised 1-4-9 Invest Fonds GmbH & Co. KG and Karlsson GmbH on their VC investment in Leviathan GmbH.

With the VC investment in Leviathan GmbH (www.leviathan.eu), 1-4-9 Invest and Karlsson are investing in a company that has set itself the goal of emission-free and green ship recycling in order to be able to offer ship owners and ship financiers a clean and sustainable solution at the end of a ship's life cycle. Leviathan GmbH is the first ESG-compliant and virtually emission-free ship recycling company in Germany and Europe. The recycled ships are turned into high-quality raw materials ("green steel") that are delivered to a sustainable circular economy, realising substantial CO₂ savings while supporting European raw material security.

About 1-4-9 Invest:

1-4-9 Invest Group was founded by long-time industry experts, investors and entrepreneurs in the field of sustainability as an investment boutique and asset manager for alternative investments. 1-4-9-Invest focus on growth and project financing of ESG compliant sustainability equity investments.

About Karlsson GmbH:

Karlsson GmbH brings together the investments of Hamburg-based entrepreneur Jochen Kaufholt, who provides logistics solutions for the offshore industry and is setting up a production of green hydrogen for maritime and land-based systems through a joint venture with the EWE Group.

Taylor Wessing Germany: Lead Carsten Bartholl (Partner, Corporate Energy), Philipp Hoegl (Senior Associate, Corporate TMC), Thorsten Eggert (Associate, Corporate Energy), all Hamburg