Avellum has advised Knorr-Bremse on obtaining merger clearance from the Antimonopoly Committee of Ukraine for its acquisition of Alstom Signaling via its subsidiary Knorr Brake Holding Corporation.
According to Avellum, the transaction was valued at approximately EUR 630 million.
Knorr-Bremse is a braking systems company and a provider of rail and commercial vehicle systems.
Alstom Signaling is a conventional rail signaling technology business in North America.
The Avellum team included Partner Mykyta Nota, Managing Associate Olha Samoilenko, and Associate Veronika Humeniuk.
