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Binder Grosswang Advises on Sale of Chocolate Company

Austria
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Binder Grosswang has advised the Poell family on the sale of the Salzburg Schokolade company to Viennese investors Philipp Harmer and Christian Schugerl.

Salzburg Schokolade manufactures chocolate and confectionery, in particular the Salzburg Mozart Balls, marketed under the "Mirabell" brand.

The transaction included the sale of Salzburg Schokolade and its parent company. The purchase price was not disclosed. The transaction was completed April 30.

Binder Grosswang Managing Partner Michael Kutschera and Partner Michael Lind led the team, which also included Associates Christian Dax and Mark Reinfeld.