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SkyCom, the leading telematics specialist in Luxembourg, has announced its merger with Danish counterpart r2pTracking ApS, one of the leading telematics solution providers for road vehicles in Denmark, to form a new entity called EcoMobility.
The merger brings together two leading telematics companies with a combined customer base of over 8,000 clients and a team of 35 employees. The leadership expressed optimism about the opportunities for synergies and product/service enhancements.
EcoMobility Group will be a provider of telematics and SaaS solutions that aims to enable companies to exploit their vehicles and resources in a more sustainable and cost-effective way.
CMS Luxembourg team advised the Stockholm based investment fund Alder, acting on the side of r2pTracking ApS, on all Luxembourg law aspects of the transaction. The team was comprised of Partner Gérard Maîtrejean supported by Miruna Poenaru (Counsel), Laura Stein (Counsel), Adrien François (Managing Associate), Angélique Eguether (Managing Associate), Guillaume Flagollet (Associate), Kornelia Krajewska (Associate) and Maximilian Helfgen (Associate) from Corporate; Partner Vivian Walry supported by Charlotte Demeuldre (Senior Associate), and Sarah Hantscher (Managing Associate) from Insurance; Milan Dans (Managing Associate) from IT/IP/GDPR; and Partner Hugo Arellano supported by Associate Pierre-Emmanuel Roux (Senior Associate) and Leslie Ledrich (Managing Associate) on real estate and employment aspects.
This is a prime demonstration of how CMS, operating as a one-stop-shop law firm, collaborates to leverage their collective knowledge and experience in mergers and acquisitions.
