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Wolf Theiss Advises Harvia on Purchase of Sentiotec

Wolf Theiss Advises Harvia on Purchase of Sentiotec

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Wolf Theiss is advising Harvia Group Oy in its acquisition of Sentiotec, the sauna and wellness division of the Abatec Group. The Hitzenberger law firm advised the sellers. The signing took place on November 4, 2016.

As part of the sales process, Wolf Theiss is advising Harvia Group Oy in questions of Austrian, Romanian, and Serbian law, particularly as it applies to legal due diligence, the purchase agreement, and various other contracts that guarantee close collaboration between Sentiotec and the Abatec Group in the future.

Wolf Theiss Partner Michael Lind led the firm's team on the deal, which also included, in Austria: Partners Gunter Bauer, Roland Marko, and Matthias Unterrieder, Counsel Jochen Anweiler, Senior Associates Katrin Stauber, Stefan Weishaupt, Consultant Paulina Pomorski, and Associates Markus Reinfeld, Iris Riepan, and Anna Schwamberger.

The Wolf Theiss team in Romania consisted of Partners Bryan Jardine, Ileana Glodeanu, and Adrian Ster, Senior Associate Adelina Iftime-Blagean, and Associates Rodica Cruceru, Diana Stetiu, Carmen Apopei, and Anca Alexandrescu.

The Wolf Theiss team in Serbia consisted of Partner Natasa Lalovic Maric, Senior Associates Katarina Stojakovic, Milos Andjelkovic, Marijana Zejakovic, and Maja Stankovic, and Associates Bojana Noskov, Alexander Ristic, and Nevana Skocic.

Hitzenberger did not reply to our inquiries on the deal.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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