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WBD advised on reverse takeover of electric mobility and storage specialist

Transatlantic law firm Womble Bond Dickinson (WBD) has advised on the reverse takeover of Deregallera Holdings Ltd (formerly DG Innovate Limited).

The London corporate team of WBD has advised DG Innovate plc on its admission to the Official List (standard segment), admission to trading on the Main Market and its £32.4m acquisition of Deregallera Holdings Ltd, an advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage.

DG Innovate’s principal activity has been to develop safer, sustainable and high energy storage systems, along with the design and development of high efficiency, high torque electric hub drives and power electronics for electric vehicles. 

DG Innovate plc (LON:DGI) is an advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and the best engineering and scientific practices. DGI is currently developing its products alongside a number of major manufacturers across the transportation and energy sectors, research institutions and the UK Government and has filed 18 patents worldwide.

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