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CHSH, Gowlings WLG, and Taylor Wessing Advise on Convergys Acquisition of BUW

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Cerha Hempel Spiegelfeld Hlawati, working in association with Gowling WLG, has advised the Convergys consumer management company on its EUR 123 million acquisition of buw, Germany’s largest service provider in the customer care industry in private ownership. Taylor Wessing advised sellers Karsten Wulf and Jens Bormannon on the deal, which remains contingent on certain adjustments and regulatory approvals.

By adding buw’s geographic footprint, complementary client base, and German language capabilities, Convergys expects the acquisition to expand its presence in the growing German outsourced customer management service industry. As the largest owner-operated customer management company in Germany, buw will bring approximately 6,000 employees spread across Germany, Hungary, and Romania into Convergys’ existing 130,000 workforce operation.

CHSH advised with regard to the Austrian, Hungarian, and Romanian jurisdictions. The firm’s team in Vienna consisted of lead Partner Albert Birkner and Associate Maximilian Mayer, in Bucharest of Partners Mirela Nathanzon and Zizi Popa and Senior Attorney Sebastian Bolda, and in Budapest of Partner Andrea Presser and Senior Attorneys Gyorgy Balint and Peter Szajlai.

The Gowling WLG team was headed by Partner Andreas Wolfle. 

The Hamburg-based Taylor Wessing team consisted of Lead Partner Mark Hoenike, supported by Partners Marc Muller, Marco Hartmann-Ruppel, Tobias Schelinski, tax lawyer Bert Kimpel, and Associates Jonas Warnken, Konstantin Schrader, and Stephan von Marschall. Vienna-based Taylor Wessing Partner Philipp Hoflehner was on the team as well.

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Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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