11
Thu, Aug
68 New Articles

Noerr Budapest Helps Advise on Sale of Saxonia Systems to Carl Zeiss AG

Noerr Budapest Helps Advise on Sale of Saxonia Systems to Carl Zeiss AG

Hungary
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

The Budapest office of Noerr has joined the firm's multi-jurisdictional team advising Saxonia Systems Holding GmbH on its sale of Saxonia Systems AG to Carl Zeiss AG. P+P Pollath & Partners advised the buyers on the deal.

According to Noerr, "the new company, Carl Zeiss Digital Innovation, will provide increased support to the Zeiss divisions in digital projects. Business for existing customers will be continued. With a workforce of around 250 in Dresden and at five other locations, Saxonia Systems has been an important software development partner of Zeiss for over a decade. Zeiss intends to significantly expand the activities and workforce of the new company Carl Zeiss Digital Innovation. With the integration of the Hungarian affiliate ETEO Software Factory Kft., Carl Zeiss Digital Innovation’s workforce will increase by 60 to over 300 in March."

Noerr Budapest Counsel Akos Bajorfi joined the firm's Dresden-based team, which was led by Partner Jens Gehlich and Associates Partner Uwe Brendler and included Associated Partner Yvonne Dietzel and Associates Christin Haberecht and Peter Scheuch.

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

Firm's website.

Our Latest Issue