Balluff’s Acquisition of iss innovative software services GmbH

Heuking Kühn Lüer Wojtek advised Balluff on the transaction

Sensor and automation specialist Balluff GmbH finalized the acquisition of software company iss innovative software services GmbH.

Stuttgart-based iss innovative software services offers software development services (such as database applications, development environments, and web applications) as well as automotive and automation engineering services. The company employs 60 people and generated revenue of some EUR 6 million in 2016.

Founded in 1921 in Neuhausen, Germany, Balluff group, a leading sensor and automation specialist, offers innovative sensor, identification, and network technologies as well as software for integrated system solutions. Balluff employs more than 3,500 people and operates production and development facilities worldwide, including 37 subsidiaries. In 2016, Balluff group generated sales of about EUR 378 million.

Heuking Kühn Lüer Wojtek advised iss innovative software services GmbH with Peter Ladwig (Picture), Alexander Schott, Lena Ziegler, Markus Klinger, Antje Münch, Antonia Stein,  Kerstin Deiters and Nicole Armingeon.

 

Involved fees earner: Peter Ladwig – Heuking Kühn Lüer Wojtek; Alexander Schott – Heuking Kühn Lüer Wojtek; Lena Ziegler – Heuking Kühn Lüer Wojtek; Markus Klinger – Heuking Kühn Lüer Wojtek; Antje Münch – Heuking Kühn Lüer Wojtek; Antonia Stein – Heuking Kühn Lüer Wojtek; Kerstin Deiters – Heuking Kühn Lüer Wojtek; Nicole Armingeon – Heuking Kühn Lüer Wojtek;

Law Firms: Heuking Kühn Lüer Wojtek;

Clients: Balluff GmbH;