Schoenherr has advised Lisec Holding on the sale of its subsidiary Glastech to Josko-Scheuringer Holding. Saxinger reportedly advised Josko was advised by Saxinger.
Lisec Holding is a full-service provider of machinery, automation solutions, software, and services for flat glass processing.
Founded in 1960 as the Scheuringer joinery business, Josko manufactures a range of window and door products.
According to Schoenherr, “with the sale of its subsidiary Glastech, a Lower Austrian producer of insulating glass, Lisec is exiting the glass processing business. Moving forward, Lisec will focus its resources on expanding its core business of machine and plant engineering and on software solutions for flat glass processing. Josko will take over the entire Glastech site and all employees.”
The Schoenherr team included Partners Michael Magerl and Christoph Cudlik, Attorney at Law Marion Schimboeck, and Associate Hannah Lichtenwagner.
