Binder Groesswang and Willkie Farr & Gallagher have advised private equity investment company Ardian on the sale of Gantner Electronic Austria Holding GmbH to Salto Systems. Wolf Theiss and Spanish law firm Garrigues advised Salto Systems on the transaction.
Financial details were not disclosed.
The Gantner Group, based in Nuziders, in the Austrian state of Vorarlberg, specializes in electronic access, ticketing, and accounting systems as well as intelligent locker systems.
Salto Systems S.L. is the parent company of the Spanish Salto Group. It develops and manufactures access control solutions.
Binder Groesswang’s team included Partners Thomas Schirmer, Christian Wimpissinger, Christian Zwick, and Ingeborg Edel, Counsel Michael Horak, Lawyers Moritz Salzgeber, Philipp Spring, Clemens Willvonseder, and Anna Foerstel, and Trainee Lawyers Hermann Beurle and Felix Fuith.
Wolf Theiss's team included Partners Hartwig Kienast and Karl Binder, Counsels Eva Stadler and Jochen Anweiler, Senior Associates Michael Kienzl and Isabel Firneis, and Associates Martina Hiebl, Simona Shpilsky, Clemens Pretscher, Phillip Wrabetz, Michael Meindl, Dorothea Rauchegger, Georg Knafl, Martin Gassler, and Paul Krepil.
Garrigues' team in Spain was led by Partner Carla Frangoni.