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CHSH Advises Red-stars.com Data on Acquisition of Stake in Ecosio

CHSH Advises Red-stars.com Data on Acquisition of Stake in Ecosio

Austria
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Cerha Hempel Spiegelfeld Hlawati has advised red-stars.com data AG in connection with its acquisition of 25% of the shares of ecosio GmbH. 

According to CHSH, "ecosio offers cloud-based EDI services (electronic data inter-change) with maximum usability thanks to deep ERP system integration, such as SAP." The firm also reports that "ecosio offers its EDI services and SRM products (supplier relationship management portals) to enterprises of all sizes with a view to optimizing their digital business processes and supporting them in this 'mission critical' area in the age of Industry 4.0."

According to CHSH, "ecosio's products save customers from having to purchase and operate their own servers and this means customers do not have to buy their own licenses and employ their own staff in connection with electronic data interchange. In addition, ecosio takes on the conversion of data, monitoring, project management and onboarding with all suppliers and customers. Ecosio is an EDI full service provider and the customer gets access to solutions for the many and varied demands of electronic data interchange within the supply chain. Ecosio plays a major role in the development of the e-business standards of the future, as a partner in both national and international standardization projects."

Red-stars is an operational holding company which focuses on digital transformation in companies and their operations.

The CHSH team was led by Managing Partner Albert Birkner, working with Associate Nadine Leitner.

Andreas Matzler of the Quado Lex law firm advised ecosio on the deal.

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