Tag Archives: Deal

DMC acquires IT consulting and development specialist K&A

Merger between two German IT pioneers

Munich-based DMC Datenverarbeitungs- und Management Consulting GmbH (“DMC”) has acquired Kölsch & Altmann Software & Management Consulting GmbH (“K&A”). Both enterprises have been successful market players for more than 30 years. By this merger DMC extends its range of products and its know-how into the field of software assisted defense technology and automotive. Continue reading

TRACC Legal Advises IQ Industrial Holding in Acquisition of WBN Waggonbau Niesky GmbH

The IQ Industrial Holding group of companies has acquired the former Deutsche Bahn subsidiary WBN Waggonbau Niesky GmbH, a manufacurer of railroad cars. The company based in Niesky, Saxony has about 200 staff members and, by supplying railroad car components for Deutsche Bahn and other railway companies, achieves annual sales of almost 50 million euros. As of the transaction, Waggonbau Niesky operates as a medium-sized company of its own. It retains the Niesky factory’s core staff.

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