Schoenherr has advised the Schwarzmueller Group on a partnership with the Krone Group. CMS reportedly advised the Krone Group.
The transaction remains contingent on regulatory approval.
According to Schoenherr, "this cooperation between the two family-owned companies is intended to strengthen the joint expansion of production networks and the establishment of nationwide service worlds via a complementary product range."
Located in Upper Austria, the Schwarzmueller Group is a European manufacturer of specialized vehicles in the commercial vehicle sector. Its portfolio includes long-distance transport, construction, and infrastructure sectors.
Based in Lower Saxony, the Krone Group is a manufacturer of commercial trailers and agricultural machinery.
The Schoenherr team included Partners Michael Magerl, Miriam Simsa, and Michael Marschall, Counsel Stefanie Stegbauer, Attorney at Law Marion Schimboeck, and Associates Hannah Lichtenwagner and Cvijeta Gavric.
