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CMS Hasche Sigle advises Funkwerk on takeover of Vossloh's

11/01/2007

Funkwerk AG is taking over the Information Technologies Business Division from Vossloh, the transport technology group. The transaction is still subject to approval from the supervisory board of Vossloh AG and clearance from the Federal Cartel Office A team from CMS Hasche Sigle led by Eckhart Braun, partner in Leipzig, advised Funkwerk AG during the transaction.

Funkwerk AG domiciled in Kölleda near Erfurt develops and produces professional communications systems for vehicles, transport businesses and companies. The acquisition of VIT by the Thuringian technology group principally constitutes a reinforcement of its market position in the business of information technology for rail transport.

The VIT divisions, Customer Information Systems, Planning and Simulation, Operations Control Systems and Signalling Technology extend and supplement the services offered by Funkwerk. Funkwerk will integrate VIT in the Traffic & Control Communication Division thereby pushing ahead with the internationalisation of the business.



Advisers to Funkwerk AG

CMS Hasche Sigle
Eckhart Braun, Leipzig (Corporate/M&A, Lead Partner)
Dr Jörg Lips, Leipzig (Corporate/M&A, Lead Partner Due Diligence)
Dr Michael Bauer, Brussels (Competition)
Eileen Gaugenrieder, Leipzig (Intellectual Property)
Michael Kamps, Cologne (IT/Telecommunications)



Contact CMS Hasche Sigle:

Eckhart Braun
Tel.: + 49 (0)341 / 21672 22
E-mail: Eckhart.Braun@cms-hs.com




About CMS Hasche Sigle:

CMS Hasche Sigle is one of the leading German law firms with more than 450 lawyers. It covers the entire area of commercial law and provides legal advice to major German and international companies from a wide spectrum of industry. CMS Hasche Sigle operates at all the major business centres. It has offices in Berlin, Cologne, Duesseldorf, Frankfurt, Hamburg, Leipzig, Munich, Stuttgart, Chemnitz, Dresden, Brussels, Belgrade, Moscow and Shanghai.

CMS Hasche Sigle is a partnership of lawyers and tax consultants; for register details / list of partners see www.cms-hs.com

CMS Hasche Sigle is a member of CMS, an alliance of leading independent European law firms. With over 595 partners, a total of 2,000 lawyers and tax consultants and around 4,200 support staff we advise our clients at commercial locations in 47 business centres in Europe and further afield on legal and tax issues.

Local strength, legal and tax advice tailored to the requirements of the market combined with a substantial amount of business and organisational integration form the basis for high-quality international legal advice.

In addition to CMS Hasche Sigle, the following firms are also members of the CMS alliance: CMS Adonnino Ascoli & Cavasola Scamoni (Italy), CMS Albiñana & Suárez de Lezo (Spain), CMS Bureau Francis Lefebvre (France), CMS Cameron McKenna LLP (Great Britain), CMS DeBacker (Belgium), CMS Derks Star Busmann (the Netherlands), CMS von Erlach Henrici (Switzerland) and CMS Reich-Rohrwig Hainz (Austria). CMS has 57 offices in 23 countries in Western and Central Europe, North and South America, Asia and North Africa.

For further information on CMS Hasche Sigle see www.cms-hs.com and on the CMS alliance see http://www.cmslegal.com.