Wolf Theiss, working with Simpson Thacher & Bartlett, Gorrissen Federspiel, and Hengeler Mueller, has advised Software AG on the carve-out and sale of its Super Integration Platform as a Service business to IBM. Binder Groesswang, working with Cravath, Swaine & Moore, advised IBM.

Wolf Theiss, working with Ropes & Gray, has advised American Industrial Partners on its investment in Austin Powder. Jones Day reportedly advised Austin Powder.

Schoenherr has advised Erste Group Bank on Breiteneder Immobilien Parking Group's invitation to existing holders to exchange their notes issued in 2018 for the recently issued Breiteneder Immobilien Parking 4.875% notes 2024-2030. The firm also advised Erste Group Bank as the lead manager and Oberbank as co-lead manager on the subsequent successful tap issue of the 2024-2030 notes. CMS advised the issuer.

E+H, working with McDermott Will & Emery, has advised Ligand Pharmaceuticals Incorporated on its acquisition of Apeiron Biologics. Baker McKenzie advised Apeiron's shareholders. Dorda reportedly advised Apeiron.

Freshfields Bruckhaus Deringer has advised Barclays Bank Ireland on the sale of assets and liabilities that comprise its German consumer finance business – Consumer Bank Europe – to BAWAG P.S.K. Hengeler Mueller advised BAWAG. Reportedly, BPV Huegel and Mason Hayes & Curran advised BAWAG as well.

Binder Groesswang has advised Addnode Group on its acquisition of Prime Aerostructures from Roland Zeillinger and Andreas Szadeczky-Kardoss. KPMG Legal advised the sellers.

E+H has promoted Arndt Blaschka to Partner.

CMS has advised Austria-based Rail Cargo Group on creating a joint venture with Serbia-based Transfera.

Wolf Theiss has advised Bob W on its entry into the Austrian market via a long-term lease agreement with Viennese developer Peter Pilz & Partner Projektentwicklungs, reportedly advised by Puschner Spernbauer Rosenauer.

Binder Groesswang, working with Gernandt & Danielsson and Chiomenti, has advised Nordstjernan and Etac on its acquisition of Klaxon Mobility.

Gecic Law, working with Fellner Wratzfeld & Partner, Von Wobeser y Sierra, and Pedersoli Gattai, has advised Remus Holding on the acquisition of a controlling stake in GLM from Star Capital Sgr. Giliberti Triscornia e Associati reportedly advised Star Capital.

Schoenherr has advised Liechtensteinische Landesbank on the acquisition of Zuercher Kantonalbank Oesterreich with offices in Vienna and Salzburg. Binder Groesswang advised Zuercher Kantonalbank.

Cerha Hempel has advised the RWTUV Group on its investment in ISN – Innovation Network Service.

CMS has advised Neveon on a joint venture with Brantner Green Solutions. E+H reportedly advised Brantner.

In Austria, economic challenges confronting businesses keep lawyers busy, according to Fellner Wratzfeld & Partner Partner Florian Kranebitter. Financial difficulties, compounded by post-COVID-19 financial strains and challenges in the supply chain are at the top of the agenda alongside a drive to nurture startups and an increasing emphasis on sustainability.

Schoenherr has advised the Schwarzmueller Group on a partnership with the Krone Group. CMS reportedly advised the Krone Group.

E+H, working with Latham & Watkins, has advised Nexspace on entering the Austrian market via the acquisition of data centers from COOLtec. AWZ advised COOLtec.

Former Counsels Robert Wippel, Desiree Prantl, and Claudia Fochtmann-Tischler and former Senior Associate Daniel Orosz were promoted to Partners at Baker McKenzie as part of the firm's 2024 promotions round.