Binder Groesswang has advised industrial holding company Mutares SE & Co. KGaA on a notarized, binding offer to acquire the business of Q Logistics GmbH, a logistics subsidiary of Osterreichische Bundesbahnen-Holding Aktiengesellschaft. Wolf Theiss advised OBB on the transaction.
Binder Groesswang reports that “the transaction still requires corresponding board resolutions on the part of the seller, which are expected to take place by the end of the month at the latest, as well as the acceptance by the seller of the notarized, binding offer.”
Mutares focuses on acquisitions of corporate spin-offs with operational improvement potential. Q Logistics is a provider of cross-border transport logistics and warehousing services with a nationwide network in Austria.
The Binder Groesswang team included Partner Thomas Schirmer and Senior Associate Wolfgang Guggenberger.
The Wolf Theiss team included Partners Dieter Spranz, Matthias Unterrieder, Kurt Retter, Georg Kresbach, and Karl Binder, Counsels Clara Gordon, Carolin Ziegler, Wolfram Schachinger, and Jochen Anweiler, Senior Associate Paulina Pomorski, and Associates Thomas Malle, Manuela Regner, Paul Berger, Lisa Babler, Georg Knafl, Bernhardt Schmidt, and Hanna Gerstner
Editor's Note: After this article was published Schoenherr announced that it had also advised the management board of OBB Holding on the sale of Q Logistics to Mutares SE & Co. According to the firm, it "accompanied the OBB holding company in the preparation of various options for action and supported the decision-making process of the Management Board for sale through a Business Judgment Opinion."
The Schoenherr team was headed by Partner Wolfgang Holler and included Partners Miriam Simsa and Hanno Wollmann, Attorney at Law Marco Thorbauer, and Associates Philipp Wetter and Clemens Stegner.