Ashurst advised software group SAP on the acquisition of all shares in Fedem Technology AS, a Norwegian internet of things company based in Trondheim. The shares were sold by the founders and managers of the company for an undisclosed consideration.

The Ashurst team was led by Munich-based partner Dr Thomas Sacher. He was supported by partners Dr Benedikt von Schorlemer and Jan Krekeler (both Frankfurt), counsels Volker Germann (Munich) and Dr Philip Cavaillès as well as by associates Markus Hiebel and Jan van Kisfeld (all Frankfurt, corporate).

Teams led by Thomas Sacher have advised SAP in relation to several transactions in the past.