Baker McKenzie Austria advises the Kudelski Group on the sale of SKIDATA

Baker McKenzie advises the Kudelski Group, a world leader in digital security solutions, on the sale of SKIDATA to ASSA ABLOY, a global security solutions partner.

Under the leadership of the Kudelski Group, SKIDATA has developed over the past 23 years into a global provider of innovative solutions for the parking and mobility, sports and entertainment sectors. The transaction is part of the Kudelski Group's strategic focus on digital security technologies and solutions for media, IoT and cybersecurity markets. The transaction is subject to regulatory approvals and customary closing conditions. Closing is expected in the third quarter of 2024.

Baker McKenzie advised Kudelski Group on the sale process, in particular in connection with a comprehensive vendor due diligence.


Team:

Lead: Gerhard Hermann (Partner, Vienna), Claudia Fochtmann-Tischler (Partner, Vienna), Ladislav Bulajcsik (Senior Associate, Vienna)

Corporate/M&A:Siba Auf (Junior Associate, Vienna)

Employment:Andrea Haiden (Senior Associate, Vienna), Sophie Loidolt (Associate, Vienna), Miriam Kompatscher (Associate, Vienna), Nesrin Yildirim (Associate, Vienna)

IP/IT:Marlies Kittinger (Associate, Vienna), Martina Grama (Counsel, Vienna), Alexander Hofmann (Associate, Vienna)

Real Estate:Filip Peric (Associate, Vienna), Patricia Kudweis (Associate, Vienna)

Commercial/Regulatory:Lukas Beiglböck (Associate, Vienna)

Other law firms involved:

The Kudelski Group was advised for Germany by Hogan Lovells under the lead of Dr. Nikolas Zirngibl (Partner) and in particular Dr. Dominik Lang, Martin Schunke, Lucie Arntz, Dr. Kilian Pfahl, Yannic Venus (Senior Associates), Julia Dingeldey, Varinia Binn (Associates), Andreas Thun, Thiemo Woertge (Counsel), Adrianni Marhain-Prante (Foreign Associate) (all Germany) as well as by other Hogan Lovells lawyers with regard to the other associated companies in Spain, USA, Netherlands, Mexico, France, among others. Ben Marshall (Holding Redlich) advised Australia and Jacques Iffland (Lenz & Staehelin) advised Switzerland.

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