ARQIS advises KPIT on its acquisition of Future Mobility Solutions

30. September 2021

ARQIS has advised KPIT Technologies Ltd (‘KPIT’) on the planned acquisition of Germany-based FMS Future Mobility Solutions GmbH (‘FMS’).

The board of directors of KPIT has approved the acquisition of an initial 25% shareholding in FMS. Over a period of three years, KPIT will acquire the balance shareholding. Full acquisition is expected by last quarter of the financial year 23-24.

Future Mobility Solutions is engaged in software and feature development in autonomous driving and was founded by Prof. Dr. Harry Wagner and Dipl. Ing. Josef Obermeier.

ARQIS is advising KPIT, a global technology company headquartered in Pune (India), once again. In 2016 the team around Dr. Jörn-Christian Schulze already accompanied the sale of KPIT medini Technologies and the entry into MicroFuzzy, an automotive engineering services company headquartered in Munich.

 

Advisors to KPIT

ARQIS (Düsseldorf): Dr. Jörn-Christian Schulze (lead); Associates: Dr. Maximilian Backhaus, Laura Rizzi, Christos Choudeloudis, Dr. Nima Hanifi-Atashgah (all Corporate/M&A), Martin Weingärtner (Labour Law)

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