Stevens & Bolton LLP has advised Simpack AG on the UK elements of the sale of the Simpack Group to Dassault Systèmes, a market leader in 3D design software. Led by German counsel Heuking Kühn Lüer Wojtek, the transaction involved simultaneous sale and purchase completions in Germany, Japan, USA, UK and France.
Simpack is a leader in fully virtual, near-reality three-dimensional simulation technology. The multi-body simulation software that it developed is used to perform simulations in the automotive, aerospace, and railway sectors. Simpack has more than 130 customers, including Alstom, Bombardier, BMW, Daimler, Honda, Jaguar, Land Rover, MAN, and Vestas.
The Stevens & Bolton team was led by corporate partner Keith Syson, supported by Nick Atkins and Bethany Sheen (corporate) and Sally Mann (corporate tax).