CHSH Cerha Hempel Spiegelfeld Hlawati Rechtsanwalte has assisted Teufelberger Wirerope GmbH, an international metal wire ropes producer based in Austria, in the acquisition of Italian-based Redaelli Tecna S.p.A., a designer and manufacturer of steel wire ropes for off-shore and on-shore oil activities, mining, cableways, material transportation, and hoisting, and a developer and producer of engineering systems for the tenso structures, from JSC Severstal-Metiz, a company owned by the PAO Severstal steel and steel-related mining group. The transaction is expected to close in spring 2017.
The CHSH team assisted Teufelberger Wirerope was led by Partner Clemens Hasenauer and included Partners Johannes Prinz and Harald Stingl, Attorneys Lorenz Pracht and Michael Mayer, andAssociates Ferdinand Guggenmos and Julia Berent. Teufelberger Wirerope was also assisted in Italy by a Ughi & Nunziante team composed of Partners Fiorella Alvino, Michael Kirkham, and Afra Mantoni, Senior Associate Claudia Casagrande, and Junior Associates Alida Brancato and Francesca Servadei.
Freshfields Bruckhaus Deringer teams in Moscow and Milan advised the seller, JSC Severstal-Metiz. The team in Moscow consisted of Partner Dmitry Surikov, Counsel Nikolay Seliakov, Senior Associate Maria Zaitseva, and Associate Dmitry Pozin. The Italian team was led by Partner Nicola Asti, supported by Counsel Roberto Egori, Senior Associates Luca Sponziello, Eugenia Severino, and Giuliano Marzi, Associate Federico Borgogno, and Trainee Giulio Palazzo.