Baker McKenzie has provided comprehensive legal advice to global player Delachaux S.A. on the sale of its shares in Austrian based Frauscher Sensor Technology Group GmbH, a global market leader in train detection, wayside object control solutions and axle counting systems, to Wabtec Corporation (NYSE: WAB).
Delachaux S.A., alongside Michael Thiel, Frauscher’s CEO, who holds an (indirect) minority stake in Frauscher Sensor Technology Group GmbH, agreed to sell their shares in Frauscher Sensor Technology Group GmbH for an Enterprise Value of EUR 675 million. The transaction is subject to customary closing conditions and regulatory approvals.
Wabtec Corporation is a global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets.
Baker McKenzie Austria advised Delachaux S.A. on all legal aspects of the transaction, continuing its longstanding support to Delachaux S.A., including advising on the original acquisition of Austrian Frauscher Sensor Technology Group GmbH back in 2019.
“We are pleased to support Delachaux S.A. in this strategically important transaction.” commented Gerhard Hermann and Claudia Fochtmann.
The project was led by a multidisciplinary team under the coordination of Baker McKenzie's Vienna office. Experts from numerous international offices contributed to the transaction, enabling seamless cross-border collaboration and comprehensive legal support with both global perspective and local insight. Including India, Serbia and Croatia.
Team:
Lead:
- Hermann, Gerhard (Partner, Corporate, Vienna)
- Fochtmann-Tischler, Claudia (Partner, Corporate, Vienna)
Austria:
- Trogrlic (formerly Fercsak), Clara (Associate, Corporate, Vienna)
- Bulajcsik, Ladislav (Senior Associate, Corporate/Commercial, Vienna)
- Polla, Valentin (Associate, Corporate, Vienna)
- Kastner, Klara (Associate, Corporate, Vienna)
- Maier, Philipp (Partner, Employment, Vienna)
- Wippel, Robert (Partner, Banking & Finance, Vienna)
- Grama, Martina (Senior Associate, IP, Vienna)
- Haiden, Andrea (Senior Associate, Employment, Vienna)
- Peric, Filip (Associate, Real Estate, Vienna)
- Ozsvar, Balint (Associate, Banking & Finance, Vienna)
- Hofmann, Alexander (Associate, IT, Vienna)
- Grohmann, Silvia (Associate, IT, Vienna)
- Samek, Silvia Katharina (Associate, Employment, Vienna)
- Kittinger, Marlies (Associate, IP and IT, Vienna)
- Sari, Ceren (Associate, IT, Vienna)
- Schuberth, Nikolaus (Associate, IT, Vienna)
- Yildirim, Nesrin (Associate, Employment, Vienna)
- Kompatscher, Miriam (Associate, Employment, Vienna)
- Kudweis, Patricia (Associate, Corporate, Vienna)
- Parzer, Elias (Associate, Banking & Finance, Vienna)
- Beiglboeck, Lukas (Associate, Regulatory, Vienna)
- Nina Lenhard (Senior Associate, Antitrust/Regulatory)
- Paul Stoss (Associate, Antitrust/Regulatory)
France:
- Brechignac, Marie-Francoise (Partner, Corporate, Paris)
- Nataf, Guillaume (Partner, Corporate, Paris)
- Paubel, Jeremie (Partner, Employment, Paris)
- Dansac Le Clerc, Magalie (Partner, IT, Paris)
- Varandas, Fabrice (Counsel, Real Estate, Paris)
- Herrmann, Jean Baptiste (Jurist, Corporate, Paris)
- Cayla, Raphaelle (Senior Associate, Real Estate, Paris)
- De Saint-Pern, Christophe (Senior Associate, Regulatory, Paris)
- Courchia, David (Senior Associate, Corporate, Paris)
- Amajjarkou, Lea (Associate, Regulatory, Paris)
- Boukhalfa-Darthout, Linda (Associate, Employment, Paris)
- Olliveaud, Juliette (Associate, IT, Paris)
Germany:
- Atzler, Christian (Partner, Corporate, Frankfurt)
- Braun, Julia (Local Partner, Corporate, München)
- Tayler, Denise (Senior Associate, Corporate, Frankfurt)
- Dominik Boeschen (Associate, Corporate, Frankfurt)
- Werner, Felix (Associate, Corporate, Frankfurt)
- Kuhn, Erik (Associate, Corporate, München)
United Kingdom:
- Scott, David (Partner, Corporate, London)
- Price, Stefanie (Partner, Real Estate, London)
- Wilson, Rachel (Senior Associate, Employment, London)
- MacLeod, Rachel (Senior Associate, Antitrust, London)
- Tyau, Andrew (Senior Associate, Corporate, London)
- Macloingsigh, Siobhan (Associate, Corporate, London)
- Moore, Georgina (Associate, Employment, London)
- Prest, Joshua (Associate, Real Estate, London)
- Ashford, Samuel (Associate, Antitrust, London)
- Acquah, Marilyn (Associate, IP and IT, London)
Brazil*:
- Pacheco, Mauricio M. (Partner at Trench, Rossi, Watanabe, Corporate, Brazil)
- Alberigi, Thais (Senior Associate at Trench, Rossi, Watanabe, Employment, Brazil)
- Moraes, Carla (Senior Associate at Trench, Rossi, Watanabe, Regulatory, Brazil)
- Harb, Caique (Senior Associate at Trench, Rossi, Watanabe, Corporate, Brazil)
- Freitas, Gustavo (Associate at Trench, Rossi, Watanabe, Corporate, Brazil)
- Casella, Pedro (Associate at Trench, Rossi, Watanabe, IP and IT, Brazil)
- Silveira, Alex (Associate at Trench, Rossi, Watanabe, Corporate, Brazil)
- Mamimoto, Laura (Associate at Trench, Rossi, Watanabe, Employment, Brazil)
- Ramos, Daniele (Associate at Trench, Rossi, Watanabe, IP and IT, Brazil)
- Soares, Matheus (Associate at Trench, Rossi, Watanabe, Regulatory, Brazil)
United States:
- Carr, Michelle (Partner, Corporate, Chicago)
- Walusis, Noah (Associate, Corporate, Chicago)
United Arab Emirates:
- Naja, Hani (Partner, Corporate, Dubai)
- Gupta, Chaya (Senior Associate, Banking & Finance, Dubai)
- Ali, Amir (Senior Associate, Real Estate, London)
- George, Anna (Associate, Real Estate, London)
- Tedeschi, Mark (Associate, Employment, Dubai)
- Saygh, Sami (Associate, Corporate, Dubai)
- Bahador, Neda (Associate, Corporate, Dubai)
- Al-Afoo, Jana (Associate, Real Estate, Bahrain)
- Ghalloussi, Maher (Associate, IP and IT, Dubai)
- Priyadarshi, Avni (Associate, Banking & Finance, Dubai)
Australia:
- Lustig, Richard (Partner, Corporate, Melbourne);
- Lehmann, Jed (Associate, Corporate, Melbourne)
Poland:
- Achramowicz, Weronika (Partner, Corporate, Warsaw)
- Dec, Dominika (Associate, Corporate, Warsaw)
- Wiejowska, Hanna (Associate, Corporate, Warsaw)
China:
- Ruan, Zhenyu (Partner at FenXun, Corporate, Shanghai)
- Jiang, Chris (Counsel at FenXun, Corporate, Shanghai)
- Zhang, Jason (Associate at FenXun, Corporate, Shanghai)
- Wu, Hunt (Associate at FenXun, Corporate, Shanghai)
Japan:
- Watanabe, Safari (Partner, Corporate, Tokyo)
- Sato, Yuji (Associate, Corporate, Tokyo)
Taiwan:
- Wang, Kevin (Principal, Corporate, Taipei)
- Jen, Fang-Yi (Partner, Corporate, Taipei)
- Wu, Bryan (Associate, Corporate, Taipei)
- Tsai, Cindy (Associate, IP and IT, Taipei)
Kazakhstan:
- Kuatbekov, Azamat (Partner, Litigation, Almaty)
- Bayadilova, Dina (Associate, Corporate, Almaty)
*Baker McKenzie and Trench Rossi Watanabe have executed a strategic cooperation agreement for consulting on foreign law.