On 28 March 2023, DEKRA, a global leader in safety, security, and sustainability, has announced its acquisition of Onward Security in Taiwan, a prominent provider of cybersecurity solutions. The acquisition comes as DEKRA takes significant steps to expand its service portfolio in the rapidly growing field of product testing and certification cybersecurity.
Ebner Stolz support
Ebner Stolz supported DEKRA in completing this acquisition of Onward Security by providing customized financial and tax due diligence services. We ensured that the deal was compliant with the local and international regulations and standards.
DEKRA is a German company that offers safety testing and inspection services for various industries, such as automotive, industrial, and consumer products. The company has a presence in more than 60 countries and employs over 48,000 people. DEKRA aims to ensure safety, security , and sustainability in the rapidly changing world.
Onward Security is a Taiwanese company that specializes in cybersecurity testing, certification, and consulting for IoT devices. The company has a strong reputation and customer base in the Asia-Pacific region, as well as a global network of partners and resources. Onward Security offers a range of solutions, including security assessment, security certification, security training, and security management.
The overall project was led by Mrs. Lily Sun (financial) and Dr. Gerald Neumann (tax), supported by a partner firm in Taiwan.
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