Fellner Wratzfeld & Partner has advised the former owners of GREENoneTEC Solarindustrie GmbH on the sale of their majority stake in the company to China's Haier Group. Weber & Co. and White & Case advised the buyers on the transaction, which was completed at the end of May, approximately two years after the start of the sales process.
Wolf Theiss has advised the Vienna Insurance Group as issuer and Erste Group as arranger, sole lead advisor, and bookrunner on VIG's issuance of a EUR 250 million 3.5% tier 2 subordinated bond to run from 2017 to 2027.
A new European law firm alliance with a substantial CEE presence has appeared on the legal scene. The new Act Legal alliance (branded in lower-case, as "act legal") consists of founding members AC Tischendorf (in Germany), BSWW (in Poland), MPH (Slovakia), Randa Havel Legal (Czech Republic), Vivien & Associes (France), and WMWP (Austria).
Schoenherr is representing Cubic (London) Limited and core shareholders including San Gabriel Privatstiftung and T.R. Privatstiftung on the sale of their controlling stake in C-Quadrat Investment AG to the Chinese conglomerate HNA Group (Hong Kong) Co., Limited. C-Quadrat is an independent asset manager listed on the Vienna Stock Exchange.
Wolf Theiss has advised Aachener Grundvermogen on its purchase of a commercial property on St. Stephen's Square in the city center of Vienna from Julius Meinl Versicherungsservice & Leasing Vermogens‐ und Finanzierungsberatung G.m.b.H. DLA Piper Weiss-Tessbach advised the sellers on the deal.
Herbst Kinsky has provided Austrian legal advice to the Hofmann Menu Group on refinancing by an international banking consortium headed by The Governor and Company of the Bank of Ireland and UniCredit Bank AG as Joint Global Coordinators. The transaction volume amounts to EUR 200 million. Latham & Watkins was global counsel to the Hofmannsmenu Group.
Thomas Anderl has been made Partner at Wolf Theiss, where he specializes in Construction law in the firm's Real Estate & Construction practice group.
SCWP Schindhelm has advised Erwin Bernecker and Josef Rainer — the founders of Bernecker + Rainer Industrie-Elektronik Gesellschaft m.b.H. — and two foundations established by Bernecker and Rainer (the Bernecker Privatstiftung and Josef Rainer Privatstiftung, respectively) on the sale of their shares in the company to the ABB group.
Wolf Theiss has advised McArthurGlen, a developer, owner, and operator of designer outlet centers in Europe and Canada, on matters relating to the expansion of its center in Parndorf.