Renzenbrink & Partner advises CONET Communications GmbH on the sale of its business operations to Hexagon AB

Renzenbrink & Partner advised CONET Communications GmbH on the sale of its business operations to Swedish technology group Hexagon AB by way of an asset deal.

Headquartered in Hennef and founded in 2001, CONET Communications GmbH specializes in control center communication solutions for mission-critical infrastructures. It is a CONET Group entity and portfolio company of IK Partners. The company employs approximately 50 people and has extensive experience in voice and data communication for emergency response centers operated by police, fire departments, and rescue services. As part of the CONET Group, CONET Communications has been active throughout Germany and is recognized as a leading provider of modular, high-availability systems in the public safety sector.

Renzenbrink & Partner had advised IK Partners on its acquisition of CONET Group.

Hexagon acquires the operating business and key assets of CONET Communications and thereby strengthens its portfolio in the field of critical communications.

The Renzenbrink & Partner team consisted of Dr. Ulf Renzenbrink (Corporate/ M&A), Marc Kotyrba (Tax) and Dr. Alexander Haunschild (Corporate/ M&A).