Noerr, together with the Austria's Arnold law firm, has advised SignaRetail on the sale of Kika’s Eastern European business to XXXLutz. XXXLutz was represented by CHSH on the purchase and by Wolf Theiss on the merger clearance process.
The parties signed the contracts for the sale of 22 locations in the Czech Republic, Hungary, Romania and Slovakia on April 26, 2019. The transaction included both the operational retail business with over 1,500 employees and the 22 properties.
Signa Group is a privately managed, European holding company focusing on real estate, retail, and media sectors. Its portfolio of assets is valued at over EUR 14 billion.
The Arnold team was led by Managing Partner Nikolaus Arnold and Senior Associate Georg Huber and included Partner Bernhard Vetter von der Lilie, Attorneys Thomas Raubal and Roman Gruber, and Associates Christoph Jelemensky, and Felix Fisecker.
The Noerr team was led by Partners Zoltan Nadasdy, Gabriel Popa, Barbara Kusak, and Joerg Menzer, and Senior Associate Akos Bajorfi, and included Partner Edina Schweizer, Counsels Ludek Chvosta and Martin Tupek, and Associates Eszter Hegedus, Szilvia Andriska, Timea Tompa, Adrian Georgescu-Banc, Oana Piticas, Michal Janicek, Stepanka Havlikova, Tomas Zaborsky, and Martin Baraniak.
The Wolf Theiss team was led by Partners Markus Bruckmuller, Christian Mikosch, Peter Oberlechner, and Eva Spiegel and also included Partners Janos Toth, Luka Tadic-Colic, Niklas Schmidt, and Claus Schneider, Counsels Katarina Bielikova and Matthias Schimka, Senior Associate Jiayan Zhu, Associates David Gschaider, Lukas Pinegger, Peter Ihasz, Ivana Hovancova, Iris Riepan, Jakob Jelinek, Natascha Johannik, Stefan Horn, Marlene Bouzek, and Lucia Mocibob and Consultant Melanie Dimitrov.
The CHSH team included Partners Clemens Hasenauer, Johannes Prinz, Harald Stingl, Lorenz Pracht, Andrea Presser, Jozef Bannert, Karol Siska, Zizi Popa, Mirela Nathanzon, Senior Attorneys Andras Kauten, Lukas Srbecky, and Pavlina Ruzickova, and Associates Alexander Reich-Rohrwig, Benedikt Svoboda, Ferdinand Guggenmoos, and Hannah Schin.
Editor's Note: This article was updated to reflect the full Wolf Theiss team.