Freshfields Bruckhaus Deringer has advised Assa Abloy on the acquisition of Skidata from the Kudelski Group. Baker McKenzie, working with Hogan Lovells, Holding Redlich, and Lenz & Staehelin, advised the Kudelski Group.
The transaction remains contingent on regulatory approval.
Assa Abloy, listed on Nasdaq, Stockholm, is a supplier of mechanical and electromechanical locks, locking systems, and access control systems.
Skidata, headquartered in Austria, is a provider of access systems for public spaces, such as tourist facilities, parking lots, sports stadiums, amusement parks, and trade fairs.
Kudelski is a Swiss company that sells digital television access and management systems, content protection solutions, cybersecurity solutions, IoT products, and public access infrastructure.
The Freshfields team included Vienna-based Partner Lutz Riede, Counsels Anouschka Zagorski and Lukas Pomaroli, and Associates Tensin Studer and Maximilian Klein as well as further team members in Frankfurt, Hamburg, Duesseldorf, Berlin, Munich, and Brussels.
The Baker McKenzie team included Vienna-based Partners Gerhard Hermann and Claudia Fochtmann-Tischler, Counsel Martina Grama, Senior Associates Ladislav Bulajcsik and Andrea Haiden, Associates Sophie Loidolt, Miriam Kompatscher, Nesrin Yildirim, Marlies Kittinger, Alexander Hofmann, Filip Peric, Patricia Kudweis, and Lukas Beiglbowck, and Junior Associate Siba Auf.
Editor’s Note: After this article was published, Schoenherr announced it also advised Assa Abloy on the deal. Its team on the deal was led by Partner Robert Bachner and Attorneys at Law Daniel Wadl and Zurab Simonishvili and included Partners Franz Urlesberger and Teresa Waidmann, Attorneys at Law Bianca Duca, Sebastian Mueller, Alexander Pabst, and Florian Terharen, and Associates Nikolaus Stepan, Hanna Elisabeth Kirschner, and Christian Kracher.
