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.