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Eversheds Sutherland advises FotoWare on the acquisition of Xenario

  • Germany

    13-01-2022

     

    Eversheds Sutherland has advised FotoWare, a leading innovator of Digital Asset Management (DAM) solutions, on the acquisition of Xenario GmbH. The transaction will contribute to FotoWare’s successful expansion strategy in Northern, Western, and Central Europe. By acquiring the German company Xenario, FotoWare further strengthens their presence in the DACH region while enhancing their offering to both new and existing customers.

    FotoWare is a software company based in Oslo, Norway, with offices also in Australia, Sweden, Denmark, and the UK, and resellers in 19 countries. Established in 1994 as a result of the growing demand to handle large volumes of digital photos and videos, FotoWare has since then provided 4000+ companies in 40 countries worldwide with DAM solutions. 

    Xenario GmbH is a German software company headquartered in Hannover with subsidiaries near Frankfurt and Hamburg. For the past 17 years, Xenario has been a FotoWare partner and reseller in Germany.

    “We are delighted to help FotoWare continue their expansion journey within Germany”, said Lead Partner Christof Lamberts. “This transaction is an important strategic step to strengthens their position in a key European market and, therefore, to better meet the growing demand for innovative and secure technological solutions.”

    The Eversheds Sutherland team which advised FotoWare on the acquisition of Xenario was led by Partner Christof Lamberts and Senior Associate David Solberg (both corporate/M&A, Munich) and further included Partner Dr. Simon Weppner (tax, Dusseldorf), Counsel Dr. Kathrin Gack (commercial) and Dr. Thomas Barth (labour and employment) as well as the Associates Thomas Schäfer (corporate/M&A), Carolin Obermaier (commercial, all Munich) and Niklas Schilawa (tax, Dusseldorf).

     

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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