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RPC advises LEVELUP Climate Tech on its acquisition of Zevero Ltd.

Published on 18 April 2024

International law firm RPC has advised Japanese-owned and Singapore registered LEVELUP Climate Tech Pte. Ltd. (LEVELUP) on its acquisition of UK-based Zevero Ltd. (Zevero).

The multi-million-pound deal sees the two companies merge under the Zevero brand and expand operations across Asia, Europe and the U.S., as part of the Zevero mission to help companies in the fast-moving consumer goods (FMCG) sector to measure, manage and reduce their supply chain carbon footprint using AI-driven carbon modelling, automated emissions calculations and real-time analytics.

The RPC deal team was led by Partner and Head of the Japan Desk, Nigel Collins with support from Associates Charmaine Chew and Chloe Clapson with tax advice provided by Partner Ben Roberts and Associate Rachel Stanley.  

Shigeo Taniuchi, Co-founder & CEO of Zevero commented: "Working with RPC on this acquisition has been instrumental in realising our strategic vision for Zevero. Nigel and his team's expertise in navigating the legal intricacies of international mergers has been invaluable. This acquisition not only expands our geographical reach but also reinforces our commitment to revolutionising carbon management solutions. RPC's support has been pivotal in ensuring a seamless integration process as we embark on this journey to redefine sustainability standards globally." 

Remarking on transaction, Nigel Collins adds: "Navigating the complexities of cross-border acquisitions in the climate tech sector requires a deep understanding of both legal intricacies and industry nuances. It has been a privilege to work with Zevero on this milestone acquisition, which not only signifies its commitment to sustainability but also paves the way for significant advancements in carbon management solutions globally. 

"This transaction exemplifies the power of collaboration in driving positive change towards a more sustainable future."

Client press release: Carbon Accounting Startup Zevero Acquired by LEVELUP to Help Companies in Fight to Reduce Global Carbon Emissions