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Wolf Theiss and Baker McKenzie Advise on ALSO Holding Acquisition of ABC Data

Wolf Theiss and Baker McKenzie Advise on ALSO Holding Acquisition of ABC Data

Poland
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Wolf Theiss has advised ALSO Holding AG on its agreement with MCI Euroventures, the majority shareholder of ABC Data S.A., to make a joint tender offer for all publicly-held shares of Warsaw Stock Exchange-listed ABC Data. Baker McKenzie advised MCI and ABC Data on the sale. 

Following the completion of the offer and the approval of the regulatory authorities, ALSO Holding will take over the entire business operations of ABC Data, a distributor of IT hardware and consumer electronics in Poland that operates in a number of Central and Eastern Europe countries.

According to ALSO Holding, a provider of information and communication technologies, solutions, and services in Europe, the transaction will enable the company to develop the solution and service business in line with its strategy.

The Wolf Theiss team in Warsaw was led by Co-Managing Partner Peter Daszkowski and Counsel Dariusz Harbaty and included Partner Karolina Stawowska, Senior Associates Agnieszka Nowak-Blaszczak and Joanna Wajdzik, and Associates Anna Nowodworska, Monika Gaczkowska, and Damian Majda. 

The Austrian team consisted of Partner Gunter Bauer and Counsel Jochen Anweiler. The team in Slovakia involved Counsel Katarina Bielikova and Associates Jozef Vircik and Dalibor Palaticky. The team also included Hungarian Partner Janos Toth and Associates Mark Chiovini, Peter Ihasz, and Zoltan Bodog, Romanian Partner Ileana Glodenau, Senior Associate Mircea Ciocirlea, and Associate Andreea Stan, and Czech Partner Jitka Logesova in the Czech Republic. 

The Polish Baker McKenzie team consisted of Partner Tomasz Krzyzowski, Counsel Jacek Balicki, Senior Associate Ernest Dymel, and Junior Associate Chrystian Poszwinski.

Editor's Note: On July 4, 2019, Sorainen announced that it had worked alongside Wolf Theiss in advising ALSO Holding on its takeover of ABC Data's business operations. The firm's team advising on Lithuanian elements of the deal consisted of Partner Mantas Petkevicius, Senior Associate Deimante Pagiriene, and Associate Jurgita Tekoriene.

Subsequently, on July 5, 2019, Wolf Theiss reported that the transaction had completed on July 1, 2019, after the successful June 25, 2019 completion of the tender offer. 

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JŠK, advokátní kancelář, s.r.o. (JŠK) is a medium-sized law firm based in Prague providing a comprehensive range of commercial legal advisory services in the Czech Republic. Our team consists of almost 30 lawyers, five of whom are partners with many years of experience from leading international law firms. We advise local and international clients from banking, insurance and various industry sectors, boast a respected projects practice, and work for the public sector at the federal and municipal level.

Ever since it was founded in 2004, JŠK has striven for the epitome of professionalism, expertise and ethical integrity. We continuously seek to surpass what large global law firms can offer and to give our clients a personal approach. All mandates are equally important to us regardless of size as we guide clients through both complex and seemingly routine matters.

Our clients turn to us for advice when implementing their business plans across all areas of commercial law. We are proud members of PONTES: the CEE lawyers, a unique network of law firms through which we provide services not only in the Czech Republic but also in Austria, Bulgaria, Hungary, Poland, Romania and Slovakia.

Firm's website: http://www.jsk.cz

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