ESG Elektroniksystem- und Logistik-GmbH ("ESG"), a portfolio company of investment holding Armira, sells its subsidiary ESG Mobility GmbH to US professional services company Cognizant Technology Solutions ("Cognizant"). ESG Elektroniksystem- und Logistik-GmbH is a technology consultancy for the design, integration and operation of complex, security-related electronic and IT systems. Munich based ESG Mobility is a specialised solution provider for complex electronic and IT systems in the mobility sector. The acquisition includes all subsidiaries of ESG Mobility GmbH. The transaction is subject to customary closing conditions.
Hengeler Mueller advises ESG on the transaction. The team is led by partner Hans-Jörg Ziegenhain and counsel Jakub Lorys (both M&A, Munich) and includes partners Hendrik Bockenheimer (Employment, Frankfurt) and Dirk Uwer (Public Law, Düsseldorf), counsel Gunther Wagner (Tax, Munich) as well as associates Christian Linke, Ioanna Tsotsa (both M&A, Munich), Marius Mayer, Selina Rohr (both Employment), Sebastian Adam (Tax) (all Frankfurt), Anja Balitzki (Antitrust), Carsten Bormann and Thomas Ruthemeyer (both Public Law) (all Düsseldorf).