Apleona acquires Siemens Gebäudemanagement und -Services (SGS). CMS Vienna provides comprehensive legal support to Siemens Austria.
Siemens Austria has agreed to sell Siemens Gebäudemanagement & -Services G.m.b.H. (SGS) to Apleona. The closing of the transaction is expected in the third quarter of the financial year and is subject to customary antitrust approvals. Both companies have maintained a good and close relationship for years. SGS will be further strengthened by joining forces with Apleona, resulting in an expanded and improved range of services.
Siemens Austria is being legally advised and supported by the Viennese law firm CMS Reich-Rohrwig Hainz under the leadership of Alexander Rakosi, partner in the Corporate/M&A department. The core CMS team further consists of M&A experts Florian Mayer, Marie-Christine Lidl, Anna Hiegelsperger and Matthias Emich. Sibylle Novak and Alexander Hiermann deal with tax law issues, Andrea Potz, and Jens Winter assist on labour law topics and Bernt Elsner and Marlene Wimmer-Nistelberger advise on competition law. Additional support during the course of the transaction came from Daniela Karollus-Bruner, Robert Keisler, Dieter Zandler and Clemens Grossmayer.
Alexander Rakosi is pleased with the successful deal signing: “We are proud to be able to support Siemens on this project with a cross-departmental team and contribute to further entrenching Siemens as a focused technology company in Austria.”
Siemens Gebäudemanagement & -Services ¬G.m.b.H., based in Vienna, is a successful manufacturer-independent full-service provider in the technical building¬ management¬ sector with around 260 employees. Its customers include institutions from the health care, culture and education, trade and logistics sectors, as well as renowned commercial enterprises. In the last business year, it achieved a turnover of around 75 million euros.
