CHSH advises German Robert Bosch Venture Capital GmbH and French Groupe SEB on the acquisition of a stake in RobArt GmbH

CHSH has provided legal advice to the venture capital arm of the Robert Bosch Group in connection with its first investment in Austria. CHSH advised the French SEB Alliance SAS in another round of financing.

Photo: Mag. Mark Krenn, Dr. Johannes Aehrenthal

CHSH has provided legal advice to the venture capital arm of the Robert Bosch Group in connection with its first investment in Austria. The stake in the company was acquired by means of a capital increase, performed at the same time as the acquisition of a stake in the venture capital fund FCPR Technocom 2 (ISIN: FR0011276856), which is managed by Innovacom. CHSH advised the French SEB Alliance SAS in another round of financing.

The Bosch Group is a leading global supplier of technology and services with an annual turnover of approximately EUR 46 billion. Groupe SEB is a world leader in small electronic household appliances with an annual turnover of approximately EUR 4 billion. The brand portfolio of Groupe SEB includes, among others, Tefal, Rowenta, Moulinex and Krups.

RobArt is an Austrian high-tech startup that since 2009 has specialised in the development of autonomous mobile robots for both consumer and industrial applications, all of which are based on AICU (Artificial Intelligence Control Unit) technology.

"We're extremely pleased to have advised the Bosch Group and Groupe SEB in connection with this investment", said Johannes Aehrenthal. "This transaction underscores our view that there's continued interest in innovative Austrian companies", explains Mark Krenn further.

The team at CHSH consisted of Johannes Aehrenthal (Partner), Mark Krenn (Partner) and Stephanie Sauer.