Schoenherr has advised the Valora Group on Austrian aspects of its acquisition of German-based food service company BackWerk from the Swedish financial investor EQT. The transaction remains subject to the approval of the German Federal Cartel Office.
Dorda has advised Soravia and ARE Development as joint venture and project partners on their sale of TrIIIple Tower 3 to Corestate Capital Group. The buyers were reportedly advised by Binder Groesswang, with a Dusseldorf-based Allen & Overy team advising Corestate on the structuring of the transaction.
4th and 5th of October 2017 in Casablanca, Morocco
CHSH Cerha Hempel Spiegelfeld Hlawati has acted as legal advisor to the Austrian venture capital fund Speedinvest on matters related to its joint venture ownership of iMobility GmbH, stretching from the foundation of the joint venture with partner OBB-Holding AG up to the recent acquisition by OBB-Holding of Speedinvest's shares, which leaves OBB-Holding as sole owner.
Schoenherr has advised real estate investment company Deka Immobilien GmbH on the acquisition of the Hoch Zwei and Plus Zwei office buildings in Vienna, from S IMMO AG, which was advised by Dorda. The purchase price was EUR 235 million and closing took place on August 31, 2017.
CHSH has advised the Viennese business myAbility Social Enterprise GmbH on its successful conclusion of Austria's largest ever round of investment in the social business start-up sector, as, according to the firm, a consortium of investors from Switzerland and Germany has provided growth capital to myAbility with a view to financing its expansion in German-speaking markets.
Schoenherr has advised US asset manager KPS Capital Partners on its acquisition of DexKo Global's production facilities in Austria and Poland from private equity investment firm Sterling Group L.P. Harris Williams & Co. acted as special advisor to Sterling Group L.P.'s Board, and Willkie Farr & Gallagher acted as legal counsel on the acquisition, which closed on July 25, 2017. The financial terms of the transaction were not disclosed.
Fellner Wratzfeld & Partner has advised Stadler on the establishment of a joint venture with OBB-Technische Services-GmbH. The new joint venture – OBB Stadler Service GmbH – will be responsible for the maintenance of the KISS train fleet operated by WESTbahn Management GmbH. The signing of the agreement took place on March 2, 2017, and the deal closed on July 20, 2017.
Wolf Theiss has advised private equity investor Kohlberg & Company on its purchase of the winter sport division of Newell Brands. The signing took place on May 25, 2017, and the deal closed on July 14, 2017.
Vavrovsky Heine Marth has advised Wienwert AG, an Austrian real estate company, on its entrance into a syndicate contract with an EU-based state pension fund and subsequent acquisitions of two large urban development plots worth, together, about EUR 22 million. The fund was reportedly represented by CHSH and Binder Groesswang, while the seller of the of the plots were represented by Amhof & Damian and Bock Fuchs Nonhoff.