Niederer Kraft Frey advises Assa Abloy in the sale of its business Cedes
As previously reported by Legalcommunity.ch, Niederer Kraft Frey is acting as counsel to ASSA ABLOY in the sale of its sensor technology business CEDES in Switzerland to capiton. ASSA ABLOY announced signing of the sale agreement on 7 September 2020. The transaction is subject to customary closing conditions and is expected to close during the fourth quarter of 2020.