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Schoenherr Advises Kontron on Sale of Divisions Within IT Services Business for EUR 400 Million

Schoenherr Advises Kontron on Sale of Divisions Within IT Services Business for EUR 400 Million

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Schoenherr, working with Pinsent Masons and Wenger Vieli, has advised Kontron on selling parts of Kontron Group’s IT services business to Vinci Energies during a competitive auction process, for approximately EUR 400 million. Reportedly, Baker McKenzie’s German office advised Vinci Energies. Loloci & Associates advised Kontron on Albanian matters.

The transaction remains contingent on regulatory approval.

Operations in eleven countries were included in the transaction. According to Schoenherr, “Vinci Energies, through its brand Axians, is a global information and communications technology group belonging to the listed French group Vinci. With the divestment of significant parts of Kontron Group’s IT services business, Kontron is following its growth strategy to becoming a pure IoT player and using its liquidity for further acquisitions.”

Kontron is an internet-of-things technology group, with about 6,000 employees and subsidiaries in 32 countries.

Schoenherr’s team included Austria-based Partners Christoph Moser, Christoph Haid, Roman Perner, Maximilian Lang, Guenther Leissler, Constantin Benes, and Michael Woller, Counsels Sascha Schulz, Johannes Stalzer, and Marco Thorbauer, Attorneys at Law Angelika Fischer and Michael Marschall, and Associates Verena Krikler, Lukas Pirringer, Irina Hanin, Michael Kern, Michael Sturmair, and Marie Hornyik; Croatia-based Attorneys at Law Dina Vlahov Buhin and Ksenija Sourek; Czech Republic-based Partner Vladimir Cizek and Attorney at Law Michal Jendzelovsky; Moldova-based Managing Partner Vladimir Iurkovski and Attorney at Law Andrian Guzun; Montenegro-based Attorney at Law Jovan Barovic and Associate Petar Vucinic; Poland-based Managing Partner Pawel Halwa; Serbia-based Partner Luka Lopicic and Attorney at Law Djordje Trifunovic; Slovakia-based Partner Sona Hekelova and Attorney at Law Jan Farbiak; and North Macedonia-based Partner Andrea Radonjanin and Attorney at Law Andrea Lazarevska. 

The Loloci & Associates team included Partners Krenar Loloci and Vera Batalli.