BERLIN – October 18, 2023. Morrison Foerster advised Elvaston Capital Management on its acquisition of Datatex AG (Switzerland) and its subsidiaries.
The Datatex Group develops ERP systems for all operations in the textile and apparel industry. With customers in over 40 countries, the Datatex Group is a leading provider of software solutions for the textile industry.
Elvaston Capital Management is an entrepreneurial private equity firm specializing in investments in technology and enterprise software companies.
Morrison Foerster also advised Elvaston Capital Management on the acquisition of the Setex Group, a leading provider of machine controls, sensors, and MES software solutions for textile production, and the merger with the Datatex Group into a joint holding company. The new company will provide integrated technology and software solutions for all business operations in the textile industry.
The Morrison Foerster team advising from Berlin included: Dr. Jörg Meißner, partner; Dr. Monika Eva Obal, counsel; Dr. Omid Ebrahimzadeh, associate; Ercem Çardak, associate (all Corporate/M&A); Lukas Kawka, counsel (Tax); Heval Mienert, associate; Stephan Kress, counsel (both Commercial/IT/IP); Christin Dunkel, senior associate (Employment); Jasmin Kühner, associate (Privacy+Data Security; Dr. Felix Helmstädter, partner; and Alexander Eisenfeld, senior associate (FDI & Sanctions).