KSB Advises Skoda Auto DigiLab on Care-Driver Project

KSB Advises Skoda Auto DigiLab on Care-Driver Project

Czech Republic
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Kocian Solc Balastik has advised Skoda Auto DigiLab on its Care-Driver Project: a German service based on combining transportation and home care services for children, seniors, and disabled citizens.

According to KSB, within the framework of the project, authorized professional drivers are available to customers when needed to take care of their loved ones – such as to take children to kindergarten, do shopping, etc.

The KSB team first conducted due diligence and set up contractual relations for finalizing the technical aspects of the project. In the end, KSB structured the potential acquisition of the project and drafted the relevant documentation. The acquisition included both an asset deal, trademark and database transfer, and a share deal involving the acquisition of a stake in the project company by Skoda Auto.