Cerha Hempel has advised Stadlmann TEC on its joint venture with The Specialist Group International resulting in the incorporation of Star Stadlmann. BPV Huegel advised TSGI on the JV deal and on the acquisition of Stadlmann TEC’s personnel leasing division.
The Specialist Group International is a personnel service provider. It focuses on the provision of highly qualified personnel and supports clients in the chemical, infrastructure, and renewable energy sectors. Operating as Star, the company also provides project support in the oil, gas, and power industries.
Stadlmann TEC is an Austrian engineering company focusing on mechanical and plant engineering, technical informatics, electrical engineering, and building services.
According to Cerha Hempel, the two companies will “work together to support their clients in connection with projects designed to facilitate an energy revolution in Austria and Germany, primarily to help them implement sustainable projects in the fields of energy and (industrial) production.”
According to BPV Huegel, “The Specialist Group International has recognized the enormous potential of Stadlmann Tec GmbH's personnel leasing business. Therefore, they joined forces with Managing Director Ferdinand Stadlmann and shareholder and key employee Christoph Lang to incorporate Star Stadlmann GmbH and acquire the personnel leasing division of Stadlmann Tec. Through this cooperation, it is expected to grow within Austria and expand into new sectors in order to further ensure the future success of Star Stadlmann.”
Cerha Hempel’s team included Partner Thomas Trettnak, Attorneys Wolfgang Schreiner and Christopher Peitsch, and Associate Bogdan Capra.
BPV Huegel’s team included Partners Elke Napokoj and Michaela Pelinka, Attorney at Law Walter Niedermueller, and Associate Christian Klein.