RPCK Rastegar Panchal has advised Tierglueck on the sale of its Zoo & Co store in Klosterneuburg to Fressnapf Handels. Schoenherr advised Fressnapf on the acquisition.
Fressnapf is a German franchise pet food company. With around 1,500 stores and more than 11,000 employees, it is the largest European pet product retailer according to its company website.
According to RPCK, “Tierglueck is entirely owned by Andreas Popper, who as a sole proprietor runs Austria’s oldest pet store, which is also the only one to have been awarded the Austrian national emblem. Following the acquisition, Fressnapf Handels opened the 134th Fressnapf store on July 5, 2022, in Klosterneuburg. The entire workforce at the location was taken over and will continue to serve existing and new customers in the future.”
RPCK’s team was led by Counsel Edgar Langeder.
Schoenherr's team included Partner Roman Perner and Attorney at Law Leon Scheicher.