DLA Piper has advised the Munich-based Burda Magazine Holding company on Austrian-law competition matters in connection with Burda's acquisition of Wunder Media Production, a digital marketing specialist.
Burda is the largest publisher of magazines within the German market, and with 125 employees Wunder Media Production is Germany's largest digital marketing agency, specializing in the production and publication of high quality daily updated content.
The DLA Piper team was led by Consultant Florian Schuhmacher, whose practice focuses on antitrust matters. Associate Nicole Daniel assisted with Austrian competition law aspects, and a team from DLA Piper's Cologne office, led by Partner Jan Dreyer, advised on German competition law.
Schumacher said of the deal that: "We are pleased that the notification proceeding was successfully closed and the merger has been cleared in Austria."