Schoenherr has advised the Schwarzmueller Group on a partnership with the Krone Group. CMS reportedly advised the Krone Group.
The transaction remains contingent on regulatory approval.
According to Schoenherr, "this cooperation between the two family-owned companies is intended to strengthen the joint expansion of production networks and the establishment of nationwide service worlds via a complementary product range."
Located in Upper Austria, the Schwarzmueller Group is a European manufacturer of specialized vehicles in the commercial vehicle sector. Its portfolio includes long-distance transport, construction, and infrastructure sectors.
Based in Lower Saxony, the Krone Group is a manufacturer of commercial trailers and agricultural machinery.
The Schoenherr team included Partners Michael Magerl, Miriam Simsa, and Michael Marschall, Counsel Stefanie Stegbauer, Attorney at Law Marion Schimboeck, and Associates Hannah Lichtenwagner and Cvijeta Gavric.
Editor's Note: After this article was published CMS announced it advised the Krone Group. The firm's team included Austria-based Partners Alexander Rakosi, Kai Ruckelshausen, Mariella Kapoun, Dieter Zandler, Robert Keisler, Jens Winter, Sibylle Novak, Hans Lederer, and Oliver Werner, Senior Associates Marie-Christine Lidl, Wolfgang Hellsberg, Stefan Honeder, Christoph Birner, Thomas Aspalter, and Andreas Lichtenberger, and Associates Rebecca Herlitz, Lejla Tuholjakovic, Florian Liebetreu, Maximilian Uidl, Clara Puczynski, Caroline Pavitsits, and Livia Landskron, Croatia-based Senior Associate Antonija Kanjer, Bosnia & Herzegovina-based Partner Indir Osmic and Senior Associate Ana Terzic, Serbia-based Partner Ivan Gazdic, Ukraine-based Partner Maria Orlyk and Senior Associate Oleksandra Prysiazhniuk, Hungary-based Partner Andreas Koehler and Associate Orsolya Pass, Czech Republic-based Partner Helen Rodwell, as well as further team members in Germany and Belgium.
