DLA Piper has advised Montana Aerospace on a EUR 450 million corporate financing from a syndicate including Commerzbank Aktiengesellschaft, HSBC Continental Europe, and UniCredit Bank Austria.

Wolf Theiss has advised the Vienna Insurance Group on the increase of its stake in Hungarian holding company VIG Magyarorszag from 55% to 90%, by acquiring the extra stake from Hungarian state holding company Corvinus. PK & Partners reportedly advised Corvinus.

Herbst Kinsky and WKB Lawyers have advised TX Logistik in the merger control proceedings before the Austrian and Polish competition authorities for its acquisition of Exploris Deutschland Holding, with Orrick Herrington & Sutcliffe reportedly advising on the proceedings in Germany.

Schindler Attorneys, working with Finland-based Avance, has advised Triton on its acquisition of Caverion. Reportedly, Moalem Weitemeyer, Dentons, and Vinge advised on the transaction as well.

Schoenherr has advised ProPellets Austria on a dawn raid by the Austrian Federal Competition Authority and its subsequent investigation into the Austrian pellets market. 

Herbst Kinsky has advised Leder & Schuh on the acquisition of certain assets of Salamander and Delka. Schindler Advised Salamander and Delka.

We can all think of names like Champagne or Feta cheese that are intrinsically linked to the geographical origin of a product and the know-how of its producers, often passed on over many generations.

Herbst Kinsky has advised Refurbed on its Series C financing round totaling EUR 54 million from investors including Evli Growth Partners, C4 Ventures, All Iron Ventures, and Speedinvest.

Schoenherr has announced it is promoting Iustin Armasu, Christoph Cudlik, Michael Marschall, and Teresa Waidmann to Partners, as of February 2024. 

A new legal company form and the reduction of the minimum share capital of limited liability companies is expected to make Austria more attractive in the international corporate landscape, particularly for start-ups and venture capital companies.

Radovanovic, Stojanovic & Partners, working with Gianni & Origoni and Schindler Attorneys, has advised the shareholders of SKS365 Group on the sale of SKS365, including its Serbian subsidiaries, to the Italian Lottomatica Group. Sidley advised the Lottomatica Group.

Cerha Hempel has advised Tech2People on an over EUR 800,000 capital increase.

Deloitte Legal has advised Immofinanz on its sale of office properties in Wienerberg, Vienna, to S Immo. Dorda reportedly advised Immofinanz as well. Schoenherr reportedly advised S Immo.

Schoenherr, working with Kirkland & Ellis, has advised Davis-Standard on its acquisition of the Extrusion Technology Group from Dutch investor Nimbus. Allen & Overy reportedly advised Nimbus on the deal.

Dorda, working alongside Noerr's German and Belgian offices, has advised the Alcmene Group on its acquisition of a 25% stake in German oil refinery Miro. Taylor Wessing Germany reportedly advised Miro shareholder Esso Deutschland on the sale.

Vavrovsky Heine Marth has successfully represented the Bodner Group in proceedings before Austria's Constitutional Court regarding the development plan and building permit for the Quadrill urban development project in Linz, challenged as unconstitutional by one of the project's neighbors.

Former Dentons Europe Director of Innovation Andrea Miskolczi has launched InterAlia Consulting, a newly established Austrian company operating as a strategic consultancy provider for the legal market.

The legal landscape for businesses in Austria keeps evolving, primarily driven by a new type of company called Flexcap, which offers improved tax treatment for employees and streamlined share transfers within companies, contributing to increased flexibility and opportunities for entrepreneurs, according to Herbst Kinsky Partner Phillip Dubsky.