Baker McKenzie has advised Delachaux on the sale of its shares in Frauscher Sensor Technology Group to Wabtec Corporation for an enterprise value of EUR 675 million.
The transaction remains contingent on regulatory approval.
Frauscher Sensor Technology Group operates in train detection and axle counting systems.
In 2019, Baker McKenzie advised on Delachaux's takeover of Frauscher Sensortechnik (as reported by CEE Legal Matters on March 8, 2019).
The Baker McKenzie team included Austria-based Partners Gerhard Hermann, Claudia Fochtmann-Tischler, Philipp Maier, and Robert Wippel, Senior Associates Ladislav Bulajcsik, Martina Grama, Andrea Haiden, and Nina Lenhard, and Associates Clara Trogrlic, Valentin Polla, Klara Kastner, Filip Peric, Balint Ozsvar, Alexander Hofmann, Silvia Grohmann, Silvia Katharina Samek, Marlies Kittinger, Ceren Sari, Nikolaus Schuberth, Nesrin Yildirim, Miriam Kompatscher, Patricia Kudweis, Elias Parzer, Lukas Beiglboeck, and Paul Stoss, Poland-based Partner Weronika Achramowicz and Associates Dominika Dec and Hanna Wiejowska, as well as further team members in France, Germany, United Kingdom, Brazil, United States, United Arab Emirates, Australia, China, Japan, Taiwan, and Kazakhstan.