Ashurst acts in A$350m acquisition of Quintiq

Ashurst has advised Dassault Systèmes S.A.(Dassault Systèmes) in the €250m (approximately A$350m) acquisition of Quintiq Holding B.V. (Quintiq).

Quintiq is a leading provider of supply chain and operations planning and optimisation software and Dassault Systèmes is a leading provider in 3D design software.

The transaction involved the acquisition by Dassault Systèmes of the entire issued share capital of, and cancellation of options to acquire ordinary shares in, Quintiq.

Quintiq will expand Dassault Systèmes' DELMIA brand, adding the new product line of Operations Planning and Optimization to the existing ones of Digital Manufacturing and Manufacturing Operations Management. Quintiq provides a new reach into industries such as metals, mining, oil & gas, rail, delivery and freight.

Lead partner Murray Wheater said: "We are very pleased to have advised Dassault Systemes on another transaction with a major Australian component, having also assisted them on their acquisition of Gemcom International in 2012."

Murray was assisted by lawyers Yvonne Zhong and Genovieve Lajeunesse (Corporate); partner Vivian Chang and lawyer Sophia Kwok (Tax); with partner Jennie Mansfield and senior associate Julie Mills (Employment).