The shareholders of leading German drone developer and manufacturer AirRobot have sold 100 percent of their shares to Norwegian technology company Nordic Unmanned (Euronext Oslo «NUMND»). The transaction is subject to Investment Control Approval from German authorities and is expected to take place before year end.
AirRobot is a long-standing supplier for the German armed forces (“Bundeswehr”) of both drone systems and Maintenance, Repair and Overhaul services. The Arnsberg-based company possesses a line of proprietary drone systems with more than 16 000 flight hours to date. Key technologies include its last-mile delivery drone solution – a complete, patented and highly scalable logistic last mile platform concept for global clients.
Nordic Unmanned (Euronext Oslo «NUMND»), a company founded in 2014 with offices in Sandnes, Oslo and Frankfurt, is one of Europe’s leading providers of unmanned systems and services.
GvW advised the shareholders of AirRobot on this transaction through Titus Walek (lead, M&A), Jan Hüniken (M&A), Dr Michael Engel (tax), Karsten Kujath (employment), Dr Joachim Mulch (IP) and Marian Niestedt (foreign trade).