MLL Legal assisted the TotalEnergies Group on the acquisition of the Swiss company Predictive Layer SA, together with the French law firm August Debouzy. TotalEnergies will improve the performance of its trading operations by internalizing Predictive Layer’s machine learning and artificial intelligence solutions, which focuses on energy price forecasting on both physical and derivatives markets, as well as other tailor-made forecast modeling of demand, supply, production, or non-commodity trading.
The MLL Legal team was led by Mona Stephenson (Partner M&A, pictured) and included Arnaud Martin (Partner Tax), Michael Reinle (Partner, ICT/IP), Séverine Micheloud and Loïc Herinckx (both M&A associates). The August Debouzy team was led by Julien Wagmann (partner), and included Coralie Foucault, François Richard (both senior associates), and Hadrien Auzoux (associate).