Cadenberg advises the shareholders of Fasihi GmbH on the sale to BASF Digital Solutions GmbH

Dr.Udo Krauthausen from the Cadenberg Law Firm (Corporate Law), together with TCI partner Stephan Schmidt from Mainz, advised the shareholders of Fasihi GmbH on the sale to BASF Digital Solutions GmbH. The transaction is expected to be completed during the first quarter of 2024.

Fasihi GmbH has been providing BASF with software solutions for over 30 years. Through Fasihi GmbH and the software developed by it, BASF Digital Solutions GmbH acquires solutions tailored to it, which has already been in use in many areas of BSAF. BASF benefits from many years of experience and knowledge of the BASF organization and its specific processes. BASF plans to continue Fasihi as a subsidiary of BASF Digital Solutions GmbH.

Mr. Schmidt has been advising Fasihi GmbH on IT and data protection issues for more than 10 years. In the past, he also supervised and negotiated the cooperation and license agreements between Fasihi and BASF.