CGS a.s. entered into a contract to acquire Savatech d.o.o. from Sava, druzba za upravljanje in financiranje, d. d. (LJSE:SAVA) for €69.4 million on October 25, 2012. In 2011, Savatech had consolidated revenues of €123.2 million. As per the terms of the deal, CGS will retain all Savatech's 964 employees. The transaction has been unanimously approved by the board of Sava. Ervin Schellenberg, Uwe Kroger and Philipp Langenhagen of EquityGate Advisors GmbH acted as financial advisors and Simon Gabrijelcic and Sreco Jadek of Jadek & Pensa acted as legal advisors to Sava. Damian Beaven and Michal Smrek of White & Case Advokátní kancelár acted as legal advisors for CGS a.s. Václav Valvoda, Robert David and Jana Marsalkova of Allen & Overy Prague acted as legal advisors for CGS a.s. and HSBC.

CGS a.s. completed the acquisition of Savatech d.o.o. from Sava, druzba za upravljanje in financiranje, d. d. (LJSE:SAVA) on January 8, 2013.