Dassault Systèmes Acquires CST-Group
Baker & McKenzie advised Dassault Systèmes on the acquisition of all shares in CST - Computer Simulation Technology AG, headquartered in Darmstadt, Germany. Dassault Systèmes acquires CST for a purchase price of approximately 220 million euros. Completion of the transaction is subject to customary closing conditions, including merger clearance. Closing is expected for Q4 2016.
CST is a leading company in the area of electromagnetic and electronics simulation. With the acquisition of CST, Dassault Systèmes will complement its industry solution experiences for realistic multiphysics simulation on the 3DEXPERIENCE platform.
CST’s software is used by designers and engineers at more than 2,000 companies in the high-tech, transportation and mobility, aerospace and defense, and energy industries.
The Corporate / M&A team of Baker & McKenzie regularly advises on cross-border transactions and restructurings.
Legal advisor to Dassault Systèmes:
Lead: Corporate/M&A: Dr. Christian Vocke (Partner, Frankfurt).
Team: Corporate/M&A: Dr. Markus Moertel (Associate, Frankfurt), Vanessa Fritzsche (Associate, Frankfurt), Dr. Bjoern Simon (Counsel, Frankfurt), Ai Ai Wong (Partner, Singapore), David Yong (Associate, Singapore), Morne van der Merwe (Partner, Johannesburg), Janine Howard (Associate, Johannesburg);
IP/IT: Dr. Holger Lutz (Partner, Frankfurt); Dr. Tobias Born Associate, Frankfurt), Steffen Paproth (Associate, Frankfurt);
Real Estate: Dr. Niklas Wielandt (Associate, Berlin), Brian Zurawski (Associate, Chicago);
Employment: Dr. Hagen Koeckeritz (Partner, Frankfurt), Dr. Verena Boehm (Associate, Frankfurt), Timo Polnau (Associate, Frankfurt);
Tax: Sonja Klein (Partner, Frankfurt), Ludmilla Maurer (Associate, Frankfurt).