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Wolf Theiss and Schneeweiss Weixelbaum Advise on Haki Acquisition of Ekro Bausystem

Wolf Theiss and Schneeweiss Weixelbaum Advise on Haki Acquisition of Ekro Bausystem

Austria
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Wolf Theiss has advised Midway Holding subsidiary Haki on its acquisition of Ekro Bausystem. Schneeweiss Weixelbaum advised the seller.

According to Wolf Theiss, "the acquisition of Ekro Bausystem by Midway Holding became effective on October 4, 2022, and complements Midway Holding's Safe Access Solutions business area, enabling a geographic expansion in the German-speaking, primarily Austrian market."

Midway Holding is a Swedish-listed conglomerate that acquires and develops small and medium-sized companies. Its subsidiary Haki offers scaffolding systems and services for industry, infrastructure, and construction projects.

Ekro Bausystem is an Austrian construction supplier.

"We see good synergies on the cost side, primarily through opportunities for a common supply chain with other operations in the safe access solutions business area," Midway Holding President and CEO Sverker Lindberg commented. "It is with great pleasure that we welcome the employees of Ekro Bausystem into the Haki family."

The Wolf Theiss team included Partners Andrea Gritsch, Matthias Unterrieder, Birgit Kraml, Roland Marko, and Robert Wagner, Senior Associates Harald Strahberger and Marion Schimboeck, and Associates Angela Liu, Pascal Gstoettner, and Miranda Ellison.

The Schneeweiss Weixelbaum team included Partners Hermann Schneeweiss and Florian Weixelbaum and Paralegal Tobias Wasmeyer.

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