Simac Group’s Acquisition Of Shares In Phi Data

CMS Belgium advised the shareholder of Phi Data on the deal.

The shareholder of Phi Data, specialised in smart edge solutions, sold 70% of their shares to the Simac Group. This collaboration strengthens the international ambitions of both companies, with possible expansion to other countries.

The CMS Belgium team that assisted Phi Data consisted of Virginie Frémat (Picture), Elske Bleeker, Elke Duden and Tom Decordier.

Involved fees earner: Elke Bleeker – CMS DeBacker; Tom De Cordier – CMS DeBacker; Elke Duden – CMS DeBacker; Virginie Frémat – CMS DeBacker;

Law Firms: CMS DeBacker;

Clients: Phi Data;