31
Tue, Jan
84 New Articles

Schoenherr Advises Kontron on Sale of Divisions Within IT Services Business for EUR 400 Million

Schoenherr Advises Kontron on Sale of Divisions Within IT Services Business for EUR 400 Million

Deals and Cases
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Schoenherr, working with Pinsent Masons and Wenger Vieli, has advised Kontron on selling parts of Kontron Group’s IT services business to Vinci Energies during a competitive auction process, for approximately EUR 400 million. Reportedly, Baker McKenzie’s German office advised Vinci Energies. Loloci & Associates advised Kontron on Albanian matters.

The transaction remains contingent on regulatory approval.

Operations in eleven countries were included in the transaction. According to Schoenherr, “Vinci Energies, through its brand Axians, is a global information and communications technology group belonging to the listed French group Vinci. With the divestment of significant parts of Kontron Group’s IT services business, Kontron is following its growth strategy to becoming a pure IoT player and using its liquidity for further acquisitions.”

Kontron is an internet-of-things technology group, with about 6,000 employees and subsidiaries in 32 countries.

Schoenherr’s team included Austria-based Partners Christoph Moser, Christoph Haid, Roman Perner, Maximilian Lang, Guenther Leissler, Constantin Benes, and Michael Woller, Counsels Sascha Schulz, Johannes Stalzer, and Marco Thorbauer, Attorneys at Law Angelika Fischer and Michael Marschall, and Associates Verena Krikler, Lukas Pirringer, Irina Hanin, Michael Kern, Michael Sturmair, and Marie Hornyik; Croatia-based Attorneys at Law Dina Vlahov Buhin and Ksenija Sourek; Czech Republic-based Partner Vladimir Cizek and Attorney at Law Michal Jendzelovsky; Moldova-based Managing Partner Vladimir Iurkovski and Attorney at Law Andrian Guzun; Montenegro-based Attorney at Law Jovan Barovic and Associate Petar Vucinic; Poland-based Managing Partner Pawel Halwa; Serbia-based Partner Luka Lopicic and Attorney at Law Djordje Trifunovic; Slovakia-based Partner Sona Hekelova and Attorney at Law Jan Farbiak; and North Macedonia-based Partner Andrea Radonjanin and Attorney at Law Andrea Lazarevska. 

The Loloci & Associates team included Partners Krenar Loloci and Vera Batalli.

Montenegro Knowledge Partner

Law office Vujacic was founded in 1971, and in that time it was one of the first law firms in Montenegro. Today it is a modern business law firm with a long and proud tradition of supporting clients by high quality legal services in all areas of corporative, civil and commercial law. 

Our team of lawyers has shown a great success in areas such as: Mergers & Acquisitions, Telecommunications/Media, Intellectual Property, Administrative Law, Corporate Law, Finance Law, Competition Law, Real Estate, Dispute Resolution, Employment, Tax issues etc. 

As local counsel we have wide experience in all aspects of private and public corporate acquisitions and privatization. Our activities range from conducting due diligence reports, negotiations, preparing security documents and legal opinions.

The guiding principles of our Office are quality, confidentiality, efficient, timely, and cost effective services. We provide efficient legal representation to our clients both on regional and international levels.

All News about, and Legal Analysis by, Law office Vujacic can be found here.

Firm's website: http://www.lawoffice-vujacic.com/

 

Our Latest Issue