Wenger Vieli toghether with Schoenherr Rechtsanwälte and Pinsent Masons has advised Kontron (formerly S&T) on the sale of significant parts of the IT services reading business to VINCI Energies. The transaction has been closed for a purchase price of approximately EUR 400 million.
The transaction was led by an international and cross-disciplinary team from Schoenherr Attorneys at Law alongside Pinsent Masons in Germany and the Wenger Vieli team in Switzerland.
Konton, a listed and growing IoT (Internet of Things) technology company, counts approximately 6’000 employees and subsidiaries in 32 countries around the world. 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.
The Wenger Vieli team was led by Beat Speck (partner, m&a / corporate, pictured) and and included Michael Tschudin (partner, competition), Anna Tomaschek (associate, m&a / corporate), Claudia Keller (counsel, IP/IT), Alessa Waibel (associate, financial services), Mark Stocker (associate, employment), Sophia Hartwig (associate, real estate), Dominique Roos (associate, competition / technology and media), Philippe Baumann (associate, m&a / corporate) and Bianca Schweikart (junior associate, m&a / corporate)