Noerr advises Daimler on its investment in Taxify

Noerr has advised Daimler AG on an investment in Taxify. Daimler, whose mobility services portfolio includes Mytaxi and other ride-hailing services such as Clever Taxi and Taxibeat, now also holds an interest in ride-hailing provider Taxify. Taxify operates predominantly in Central and Eastern Europe and in Africa. Chinese ride-hailing platform Didi Chuxing already acquired an interest in Taxify in 2017. With its investment in Taxify, Daimler is significantly expanding its ride-hailing portfolio. To date, Taxify has provided transport to more than 10 million passengers with more than 500,000 registered drivers.

Noerr partners Barbara Kusak and Dr Alexander Hirsch assisted in the transaction for Daimler and coordinated the work of the law firms involved.

Advisors to Daimler AG: Noerr LLP
Barbara Kusak, Dr Alexander Hirsch (joint lead, both Corporate/M&A, Prague / Dusseldorf), Rusandra Sandu (Bucharest), Arkadiusz Ruminski (Warsaw, both Corporate/M&A), Dr Alexander Birnstiel, Stefan Bauer (both Antitrust, Munich)

Local Counsels: Estonia: Ellex Raidla (Risto Vahimets), France: Jeantet (Karl Hepp de Sevelinges, Ruben Koslar), South Africa: Bowman Gilfillan (James Westgate, Kate Peter) and others.