27. September 2022

ARQIS has advised Indian listed company KPIT Technologies with its German and US-American subsidiaries KPIT Technologies GmbH and KPIT Technologies Inc. on the purchase of Technica Engineering.

KPIT Technologies is a leading global software integration partner for the automotive and mobility industry. With development centers in Europe, USA, Japan, China, Thailand and India, KPIT works with leading companies in the automotive and mobility industry. Technica Engineering, with headquarters in Munich and branches in the USA and Spain, specializes in production-ready system prototyping that covers aspects of system architecture, communication, prototyping and integration. With the takeover of Technica Engineering, KPIT Technologies intends to combine the comprehensive know-how of both companies and create a one-stop shop for the industry to transform towards software-defined vehicle (SDV).

The deal is expected to be closed by the end of October 2022, post fulfillment of customary closing conditions, and at the end of it, Technica Engineering will be fully owned by KPIT Technologies.

The ARQIS team around Dr. Jörn-Christian Schulze has been advising KPIT Technologies since 2016. KPIT Technologies relied on the advice of ARQIS, both with the acquisition of Future Mobility Solutions and the sale of KPIT medini Technologies and the entry into MicroFuzzy, an automotive engineering service provider based in Munich.

Advisors to KPIT Technologies

ARQIS (Dusseldorf): Dr. Jörn-Christian Schulze (Lead, Transactions/M&A), Tobias Neufeld (Data.Law), Dr. Friedrich Gebert (Public Law/FDI), Dr. Ulrich Lienhard (Real Estate); Counsel: Jens Knipping (Tax), Dr. Astrid Seehafer (Public Law/FDI); Counsel: Anja Markworth (Labour Law); Managing Associates: Kamil Flak (Transactions/M&A), Nora Meyer-Stratmann (IP); Associates: Tim Bresemann (Real Estate), Christos Choudeloudis, Laura Ally Rizzi (both: Transactions/M&A), Jasmin Stuckenbrock (Tax), Rolf Tichy (IP); Legal Specialists: Hannah Potter, Qing Xia (both: Transactions/M&A), Jana Ammen, Carina Grahs (both: Labour Law), Julia Regenauer (Pensions), Maria Fischer (IP)