idem GmbH agreed to acquire Funkwerk eurotelematik GmbH from Funkwerk AG (XTRA:FEW) on December 12, 2013. The transaction is subject to antitrust approval and approval by consortium banks of Funkwerk AG is also expected by February 2014. All the conditions are expected to be fulfilled by end of February 2014.

Eckhart Braun, Andreas Geist, Katja Schönberger, Arno Goebes and Adina Kessler-Jensch of CMS Hasche Sigle acted as legal advisors for Funkwerk AG. Equinet acted as financial advisor to Funkwerk AG.