KSB and Noerr Advise on Sale of Daquas to ALSO

KSB and Noerr Advise on Sale of Daquas to ALSO

Czech Republic
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Kocian Solc Balastik has advised Prague-based Daquas on the sale of its shares to ALSO Holding. Noerr, working in cooperation with Germany’s Corvel, advised the buyer on the deal.

Financial details of the transaction were not disclosed, and the deal is expected to close in the spring of 2021, following the approval from the Czech Competition Authority.

ALSO Holding is a Swiss provider of IT hardware and software maintenance services.

Daquas is a Czech company that provides IT consulting, cloud services, and licensing solutions to its clients.

Kocian Solc Balastik’s team consisted of Partner Drahomir Tomasuk and Senior Associate Jan Beres.

Noerr’s team included Partner Barbara Kusak and Senior Associates Michal Janicek, Radim Kotlaba, and Michal Jekielek.