CMS has advised Frauscher on the shareholding structure in Sensonic following Kaynes Technology's acquisition of 54% of Sensonic shares. Wolf Theiss reportedly advised Sensonic's minority shareholder, Sintela.
Sensonic specializes in the development, production, and distribution of software and hardware for distributed acoustic sensing in the rail industry.
Kaynes Technology is a listed Indian electronics manufacturer.
The CMS team included Partner Sibylle Novak and Attorney at Law Thomas Aspalter.