P+P advises the management of Frauscher on the sale to Delachaux
French group Delachaux S.A. ("Delachaux") acquired a majority stake in Frauscher Sensor Technology Group GmbH ("Frauscher"), located in Austria, from GB Frauscher Holding S.à.r.l., headquarted in Luxembourg. The merger concerns the railway infrastructure sector. The remaining shares are held by the management team.
Delachaux was founded in 1902. Today, the group is a world leader in the rail infrastructure sector with four complementary product lines marketed under the PANDROL brand.
Frauscher makes it simpler for system integrators and railway operators to obtain the information they need to run, monitor and protect their operational network. Wheel detection systems, axle counters and tracking solutions are based on inductive sensor technology and distributed acoustic sensing.
P+P Pöllath + Partners advised the management of Frauscher on all legal matters with the following team: