Dorda has advised the Kapsch Group on the sale of CarrierCom and PublicTransportCom to S&T AG, a Linz-based technology group and provider of IT services in Central and Eastern Europe. Schmutzer & Ott-Sander Rechtsanwalte and the Munich office of Noerr advised S&T.
The signing of the transaction took place on May 23, 2019, and closing remains subject to regulatory approval. The parties did not disclose financial details.
Dorda describes Kapsch CarrierCom as "a developer of end-to-end communications solutions for mission-critical networks," and says that "its focus is on planning, developing, producing and maintaining Global Systems for Mobile Communications-Railways networks." Dorda reports that Kapsch PublicTransportCom "offers solutions for local public transport."
Dorda's team included Partners Martin Brodey and Christian Ritschka.
The Schmutzer & Ott-Sander team was led by Partner Gudrun Ott-Sander.