CMS has advised Goldbach Group on the sale of Goldbach Austria to Azerion.
The transaction remains contingent on regulatory approval.
Zurich-based Goldbach Group is a marketer and broker of digital and linear advertising in Switzerland, Germany, and Austria.
Azerion is a digital advertising and entertainment media platform.
The CMS team included Partners Alexander Rakosi and Dieter Zandler, Attorneys at Law Marie-Christine Lidl and Lisa Oberlechner, and Associate Alexander Sommergruber.
Editor's Note: After this article was published, CEE Legal Matters learned that Cerha Hempel advised Azerion. The firm's team included Managing Partner Clemens Hasenauer and Partner Harald Stingl.