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mergers & acquisitions news

Get an overview of our mergers & acquisitions news.

Read through our m&a expert's articles, publications and news:

publication

The International Comparative Legal Guide to: Mergers & Acquisitions 2021

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press release

Bulgaria: Schoenherr advises United Group on acquisition of Net1 and N3

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media coverage

04 March 2021

poland

P.Halwa

Polish M&A Market – Times Are Changing

Looking back at 2020, one can draw some conclusions and identify some trends in the Polish transactional market likely to stay with us in 2021.

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press release

Bulgaria: Schoenherr advises OSRAM GmbH on sale of its Bulgarian business

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press release

22 February 2021

austria

C.Herbst S.Schulz

Austria: Schoenherr advises Starwood on takeover offer for CA Immo

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press release

Czech Republic: Schoenherr advises Raiffeisen Bank International AG and Raiffeisenbank a.s. on acquisition of AKCENTA CZ a.s.

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roadmap

The perfect time to be a buyer?

During economic downturns valuations drop and dealmakers rightly expect a shift from a sellers' to a buyers' market. It is uncertain whether this will prove to be true for the COVID-19 recession. Among other factors, it will depend on the extent of promising acquisition opportunities as well as on the availability of stimulus money (both from government and other financing resources). 

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roadmap

M&A going forward: speed is the new currency

The global pandemic has left local economies shaken. It is increasingly clear that the recovery will not take a "V" shape but will rather look like a "swoosh" logo. This turmoil has left many local and regional companies distressed, unable to pay their debts when due or at very best in breach of financial covenants.

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roadmap

Distressed M&A on the horizon: Merger control considerations to adapt to a new transactional environment

In response to the initial outbreak of COVID-19 several countries declared a state of emergency. As an immediate consequence, timelines for reviews of notified transactions were extended or even suspended.

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roadmap

M&A going forward: speed is the new currency

Dealmaking has changed significantly after the outbreak of the pandemic. We have seen shifts not only in deal number and value, but also in the seller-buyer dynamics, in their expectations, the deal structure, and even in the parties' communication – with "remote" being the word of the year.

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press release

12 January 2021

austria

C.Herbst S.Schulz

Austria: Schoenherr advises Starwood Capital on intended public takeover offer for CA Immo

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press release

07 January 2021

austria

S.Hödl R.Perner

Austria/CEE: Schoenherr maintains position as top M&A legal advisor on the Austrian market

Schoenherr has again maintained its position as the top M&A legal advisor on the Austrian market, leading the Austrian Mergermarket M&A league tables.

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press release

30 December 2020

serbia

M.Vojnović

Serbia: Schoenherr advises Sun Valley and Oaktree on acquisition of Victoria Oil

Schoenherr advised Sun Valley, a Serbian company co-owned by Mr. Vaja Jhashi, an agri. entrepreneur with business operations in Moldova, Ukraine and Romania, and funds managed by Oaktree Capital Management (UK) LLP, a leader among global investment managers specialising in alternative investments, on the acquisition of 100 % of the share capital of Victoria Oil from the Victoria Group.

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press release

23 December 2020

czech republic

V.Čížek J.Marek

Czech Republic: Schoenherr advises Beijer Ref AB on acquisition of SINCLAIR Global group s.r.o.

Schoenherr advised Beijer Ref AG ("Beijer Ref"), a world-leading wholesaler of cooling technology and air-conditioning, on the acquisition of a majority stake in Czech SINCLAIR Global group s.r.o., the leading Central European supplier of heating, ventilating and air-conditioning equipment with a focus on air conditioners and heat pumps, from private individuals Ivo Nešpor, Vladimír Pakosta, and Zdeněk Čížek.

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press release

Austria: Schoenherr advises UBS on the sale of its Austrian wealth management business to LGT

Schoenherr advised UBS Europe SE on the sale of its onshore wealth management business in Austria to LGT Bank AG, a leading international private banking and asset management group. Signing of the agreement which is still subject to competition authority clearance, took place on 16 December 2020. UBS and LGT expect to complete the transaction in the third quarter of 2021.

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press release

Austria: Schoenherr advises sell-side in LINK Mobility's acquisition of WebSMS

Schoenherr advised the owners of the Austrian CPaaS ("Communication Platform as a service") companies atms, sms.at and their WebSMS brands (referred to as "WebSMS") on selling WebSMS to Norwegian LINK Mobility Holding ASA.

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media coverage

16 November 2020

slovenia

V.Kobe

M&A in Slovenia in 2020: Review and Preview

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press release

Czech Republic: Schoenherr advises Auto Palace Group on acquisition of car dealerships from CarPoint Karlovy Vary s.r.o.

Schoenherr advised the Auto Palace Group ("Auto Palace"), a Czech subsidiary of the AutoBinck Group and a leader in car dealerships in the Czech Republic, on the acquisition of two car dealerships in Prague and Karlovy Vary from CarPoint Karlovy Vary s.r.o. With this expansion Auto Palace acquires two more dealerships with an investment value of almost EUR 6 million, and will expand its offer with five new brands, namely Audi, Volkswagen, Volkswagen Commercial Vehicles, SEAT and Cupra.

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publication

01 November 2020

austria

C.Herbst

Public mergers and acquisitions in Austria 2020

A Q&A guide to public mergers and acquisitions law in Austria.

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press release

Bulgaria: Schoenherr advises MET Group on acquisition of 42 MW wind park from Enel Green Power

Schoenherr advised MET Group on the acquisition of a 100 % stake in one of the biggest wind parks in Bulgaria from Enel Green Power S.p.A. The 42-megawatt wind park, operational since 2010, is situated in the Kavarna region near the Bulgarian Black Sea coast. Schoenherr acted as legal advisor on the buy-side. Merger clearance still needs to be obtained as closing is expected by the end of the year.

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press release

Czech Republic: Schoenherr advises Celonis SE on acquisition of Integromat group

Schoenherr advised Celonis SE ("Celonis"), a global leader in process mining software, on the acquisition of Czech Integromat, s.r.o. and its subsidiaries, one of the most progressive providers of automation software. The acquisition allows Celonis to achieve full synergy in the provision of process mining services offering professional automation solutions.

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press release

07 October 2020

austria croatia

M.Lagler C.Rainer

Austria/Croatia: Schoenherr advises S IMMO AG on acquisition of "Zagrebtower" office complex from CA Immo

Schoenherr successfully advised S IMMO AG on the acquisition of the "Zagrebtower" office complex from CA Immobilien Anlagen AG (CA Immo). The complex in Zagreb has a total rental space of approx. 26,000m² and was built in 2007.

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press release

06 October 2020

czech republic

V.Čížek

Czech Republic: Schoenherr advises KB SmartSolutions, a.s. on the strategic entry and acquisition of a stake in Platební instituce Roger a.s.

Schoenherr advised KB SmartSolutions, s.r.o. ("KB Smart Solutions"), a subsidiary of Komerční banka, a.s. focusing on collaborating with innovative fintech companies and start-ups, on the strategic entry and acquisition of an almost 25 % share in Platební instituce Roger a.s., which connects investors with companies that suffer from long invoice maturities. 

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press release

06 October 2020

austria

M.Lang C.Herbst

Austria: Schoenherr advises listed AddLife on its acquisition of DACH Medical Group

Schoenherr, together with Advokatfirman Delphi, advised AddLife, a Swedish Medtech company listed on the Nasdaq Nordic Exchange, Stockholm, on the acquisition of all shares in the DACH Medical Group Holding AG. The transaction agreement was signed on 1 October 2020.

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press release

Bulgaria: Schoenherr advises Enery on the acquisition and refinancing of the biggest solar park in Bulgaria

Schoenherr led Austrian renewable energy producer Enery to the completion of its acquisition of the largest photovoltaic park in Bulgaria. 

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newsletter

20 August 2020

austria

M.Blagojevic A.Amann

Transaction price mechanisms in times of COVID-19

After a record-breaking decade of M&A activity, the COVID-19 pandemic has caused the market to face unprecedented circumstances.

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press release

Bulgaria: Schoenherr advises United Group on EUR 1.2 bln acquisition of Vivacom

Schoenherr has closed United Group's EUR 1.2 bln acquisition of Vivacom (Bulgarian Telecommunications Company EAD), the largest telecoms operator in Bulgaria. Signed in November 2019, this was the largest deal in Bulgaria in 2019 both in terms of value and size of the assets.

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press release

27 July 2020

romania

M.Neagu

Romania: Schoenherr advises TeraPlast S.A. on the sale of several business lines to Kingspan Group plc

Schoenherr Romania advised TeraPlast S.A. on the sale of its sandwich panel, metallic roof tile and accessories businesses to Kingspan Group plc. 

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press release

Austria: Schoenherr advises HETA on the sale of HETA Slovenia to MK Group

Schoenherr has advised HETA ASSET RESOLUTION AG ("HETA") on the sale of its direct and indirect shareholdings in the Slovenian subsidiaries HETA Asset Resolution d.o.o., TCK d.o.o., and TCV d.o.o. (together "HETA Slovenia"), and a non-performing loan portfolio consisting of loan receivables against Slovenian resident borrowers ("Loan Portfolio"), to three purchasing entities ultimately belonging to the multi-industry conglomerate, the MK Group.

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media coverage

17 June 2020

bulgaria

S.Pavlova-Kaneva

Bulgaria: Covid-19 Crisis: Changes to W&I Insurance in M&A Deals

Article was first published in The Lawyer The New Partners Issue June 2020

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publication

to the point: Gesellschafts- und Unternehmensrecht | Q2 2020

In unserem "to the point" beleuchten unsere Experten für Sie jedes Quartal die aktuelle österreichische Rechtsprechung im Gesellschafts- und Unternehmensrecht.

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newsletter

Distressed M&A and selected Czech law specifics

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newsletter

14 May 2020

austria

S.Hödl S.Schulz

Transactions under political scrutiny – A new FDI regime in Austria

Following the adoption of the new EU framework for screening of foreign direct investments (see Schoenherr Newsletter 13.03.2019), the Austrian government recently published a draft bill to amend the current rules on foreign direct investments (FDI) into Austria.

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newsletter

COVID-19 – Effects on regulatory approvals in financial sector M&A transactions

M&A and corporate transactions (including mere group-internal restructurings) in the financial sector often not only require profound corporate law documentation, but also financial regulatory approvals from the competent authorities/regulators.

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press release

CEE: Schoenherr wins four Deal of the Year awards from CEE Legal Matters

Schoenherr has won the Deal of the Year Award for Bulgaria, Croatia, Montenegro, and North Macedonia at this year's CEE Deal of the Year Awards organised by the regional legal industry journal CEE Legal Matters.

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blog

10 April 2020

austria vienna

T.Kulnigg

Das COVID-19-GesG – aktuelles zu Virtuellen Versammlungen im Gesellschaftsrecht und zu elektronischen Notariatsakten

Update 10/04/2020

Der Nationalrat hat unter anderem im Zuge der COVID-19-Gesetzgebung mehrere gesellschaftsrechtliche Maßnahmen im Rahmen eines sog. gesellschaftsrechtlichen COVID-19-Gesetzes (COVID-19-GesG) beschlossen.

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newsletter

The impact of COVID-19 on M&A

The COVID-19 pandemic is expected to impact the process, timeline and documentation of M&A transactions in the turbulent times ahead of us.

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media coverage

02 April 2020

austria

C.Herbst

Die Corona-Krise wird den M&A-Markt massiv verändern

Wien. Corona hat auch den Mergers & Acquisitions-Markt infiziert.

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publication

The International Comparative Legal Guide to: Mergers & Acquisitions 2020

The International Comparative Legal Guides provide current and practical comparative legal information on a range of practice areas, following a Q&A format to ensure thorough coverage of each topic within different legal systems worldwide.

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publication

to the point: Gesellschafts- und Unternehmensrecht | Q1 2020

In unserem "to the point" beleuchten unsere Experten für Sie jedes Quartal die aktuelle österreichische Rechtsprechung im Gesellschafts- und Unternehmensrecht.

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press release

11 March 2020

austria

S.Hödl

Austria: Schoenherr advises Neuraxpharm on the acquisition of Easypharm

Schoenherr advised Neuraxpharm, a portfolio company of Apax partners, on the acquisition of Austrian consumer healthcare company Easypharm OTC GmbH. The deal was closed on 20 January 2020

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press release

06 March 2020

austria

C.Herbst

Austria: Schoenherr advises HS Timber Group and Blue Minds IF on the acquisition of Interfloat

Schoenherr advised Austrian HS Timber Group and Blue Minds IF on the acquisition of Interfloat Corporation and GMB Glasmanufaktur Brandenburg GmbH. 

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press release

02 March 2020

moldova

V.Iurkovski

Moldova: Schoenherr advises Fintur on the divestment of Moldcell to CG Cell Technologies DA

Schoenherr advised Fintur Holdings B.V., wholly-owned by listed Swedish telephone company Telia Company AB, on the divestment of its 100 % holding of Moldcell S.A., to CG Cell Technologies DAC for USD 31.5 million. 

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press release

Schoenherr advises Kommunalkredit Austria AG on Czech and Slovak acquisition financing to Enery Development

Schoenherr advised Kommunalkredit Austria AG as arranger and original lender, on the Czech and Slovak acquisition financing provided to Enery Development for the acquisition of six 21 MW solar power plants in the Czech Republic and two 4 MW solar power plants in the Slovak Republic, from Czech fund Green Horizon Renewables.

 

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press release

Austria/Czech Republic/Hungary: Schoenherr advises Covivio on the purchase of luxury hotels

Schoenherr, in close cooperation with BonelliErede, advised Covivio, a European real estate operator, on its acquisition of eight luxury hotels from Värde Partners, a leading global alternative investment firm, at the agreed amount of EUR 573 million.

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press release

Austria/CEE: Schoenherr advises UNIQA on the acquisition of AXA subsidiaries in Czech Republic, Poland and Slovakia for EUR 1bln

Once again, Schoenherr has advised on a billion-euro transaction in the CEE region: An international Schoenherr team assisted UNIQA on the acquisition of AXA subsidiaries in the Czech Republic, Poland and Slovakia for a purchase price of around EUR 1bln.

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press release

20 January 2020

austria

P.Madl A.Eichinger

Building certification for hotel projects: focus of Schoenherr, GBI, and Christie & Co New Year's reception

Am 15. Jänner fand der gemeinsame Neujahrsempfang von Schönherr Rechtsanwälte, GBI-Projektentwicklungs Ges.m.b.H. und Christie & Co statt. Im Zentrum des gemeinsamen Abends standen die Themen Hotelprojektentwicklung und Gebäudezertifizierung.

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roadmap

cee overview - corporate/m&a

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roadmap

Not every corporate story ends with "happily ever after"

"Once upon a time" is a promising beginning for any story. Even for corporate ones. But statistics show that unhappy endings are all too common. In Romania, for every four new legal entities incorporated each year, one existing company is wound up.

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roadmap

Growing compliance and transparency obligations applicable to m&a deals in Poland

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press release

08 January 2020

austria

A.Popp

Austria/CEE: Schoenherr named leading Austrian M&A Legal Advisor for 2019

Schoenherr has maintained its position as the top M&A legal advisor in the Austrian market for over a decade, leading the Austrian Mergermarket M&A league tables. 

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publication

11 December 2019

austria

R.Perner M.Ritt-Huemer

to the point: Gesellschafts- und Unternehmensrecht | Q4 2019

In unserem "to the point" beleuchten unsere Experten für Sie jedes Quartal die aktuelle österreichische Rechtsprechung im Gesellschafts- und Unternehmensrecht.

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press release

05 December 2019

austria

A.Popp

Third year in a row: Schoenherr again named Austrian leading M&A Legal Adviser by Mergermarket

On 4 December, Schoenherr received the "Austria M&A Legal Adviser of the Year" award from Mergermarket, a leading independent international M&A intelligence service. 

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press release

02 December 2019

austria

T.Kulnigg M.Ebner

Austria: Schoenherr advises European Investment Bank on EGFF-financing transaction with Bitmovin

Schoenherr, together with law firm Duane Morris LLP, advised the European Investment Bank (EIB) on their EGFF-financing transaction with the Austrian start-up Bitmovin.

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press release

28 November 2019

czech republic

V.Čížek

Czech Republic: Schoenherr advises Facebook on the acquisition of Czech company Beat Games s.r.o.

Schoenherr advised Facebook, Inc. and Facebook Technologies, LLC on the acquisition of Czech games studio, Beat Games s.r.o., which developed and continues to upgrade the hit virtual reality game Beat Saber as well as other games developed by the company.

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publication

The International Comparative Legal Guide to: Foreign Direct Investment Regimes 2020

The International Comparative Legal Guides provide current and practical comparative legal information on a range of practice areas, following a Q&A format to ensure thorough coverage of each topic within different legal systems worldwide.

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press release

04 October 2019

romania

N.Oprea

Schoenherr advises Horizon Capital on its exit from Purcari Wineries, a leading wine producer in CEE

Schoenherr advised Horizon Capital, the management company of Emerging Europe Growth Fund II L.P. ("EEGF II"), on the fund's exit from Purcari Wineries Plc ("Purcari"). EEGF indirectly held a 22.7 % stake in Purcari.

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press release

30 September 2019

romania

M.Cojocaru

Schoenherr wins two awards from leading financial journal Ziarul Financiar

Schoenherr Romania won two awards at the Business Lawyers' Gala held by the leading local financial journal Ziarul Financiar on 24 September in Bucharest.

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press release

19 September 2019

romania

M.Neagu

Schoenherr advises Greenbridge Partners on the acquisition of the Romanian furniture producer Rus Savitar and its retail arm Casa Rusu

Schoenherr Romania advised Greenbridge Partners on the acquisition of a 75 % stake in Rus Savitar and its retail arm Casa Rusu.

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press release

18 September 2019

slovenia

B.Brežan

Schoenherr advises Immofinanz on its acquisition of 5 retail shopping parks in Slovenia

Schoenherr Slovenia advised Immofinanz AG on the purchase of a real estate portfolio consisting of five shopping centers ("QCenters") from Centrice Real Estate. 

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press release

Schoenherr advises Apax Partners on the acquisition of a majority stake in ADCO Group

Schoenherr Czech Republic and Poland acted as a collateral advisor to Apax Partners, the global private equity advisory firm managing Apax Funds ("Apax") on the acquisition of a majority stake in the ADCO Group, the global market leader in the mobile sanitary unit sector. 

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press release

14 August 2019

austria

M.Lagler

Austria: Schoenherr advises INVESTER United Benefits on sale of the Hilton Vienna

Schoenherr has advised INVESTER United Benefits on the sale of the Hilton Vienna Hotel, the largest conferencing hotel in Austria.

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press release

06 August 2019

czech republic

M.Kubánek

Czech Republic: Schoenherr advises Bausparkasse Schwäbisch Hall on the sale of its 45% stake in Českomoravská stavební spořitelna to ČSOB

Schoenherr Czech Republic advised Bausparkasse Schwäbisch Hall ("BSH") on the sale of its 45 % stake in the Czech building savings bank Českomoravská stavební spořitelna, a.s. ("ČMSS"), to the Czech division of the KBC Group Československá obchodní banka, a.s. ("ČSOB") for a purchase price of EUR 240 million. As a result of this transaction, ČSOB became the sole shareholder of ČMSS.

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media coverage

30 July 2019

romania

C.Tudoraș

Cu deținătorul afacerii la vedere

First published on profit.ro, 30.07.2019

Interese financiare disimulate, lanțuri de deținere complicate, cu zeci de persoane interpuse, întrebări de tipul „cine se ascunde în spatele companiei X?‟… toate acestea ar trebui să dispară, sau măcar să fie semnificativ reduse, în cel mult un an-un an și jumătate. Cel puțin, așa promit măsurile de transparentizare a structurii acționariatului aduse de Legea nr. 129/2019 pentru prevenirea și combaterea spălării banilor și finanțării terorismului, precum și pentru modificarea și completarea unor acte normative, recent intrată în vigoare.

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press release

26 July 2019

austria

T.Kulnigg

Austria: Schoenherr advises SynerGIS on the sale of its GIS and FM software development business to AED-SICAD

Schoenherr has advised the shareholders of the Synergis Informationssysteme GmbH ("SynerGIS") on the sale of its GIS (geographic information systems) and FM (facility management) software development business to AED-SICAD GmbH ("AED-SICAD").

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newsletter

12 June 2019

austria

L.Scheicher

Say on pay and related party transactions: implementation of EU Shareholder Rights Directive II

The EU Shareholder Rights Directive II (2017/828) (SRD II), amending Directive 2007/36/EC as regards the encouragement of long-term shareholder engagement, must be transposed into national law by 10 June 2019.

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publication

to the point: Gesellschafts- und Unternehmensrecht | Q2 2019

In unserem "to the point" beleuchten unsere Experten für Sie jedes Quartal die aktuelle österreichische Rechtsprechung im Gesellschafts- und Unternehmensrecht.

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press release

05 June 2019

croatia

A.Popp I.Einwalter*

Croatia/CEE: Schoenherr advises Tele2 on EUR 220m sale of its Croatian business to United Group

Schoenherr has advised the Swedish telecommunications group Tele2 AB ("Tele2") on the sale of its Croatian business to United Group, a leading telecoms and media provider in South East Europe, for an enterprise value of EUR 220m

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press release

28 May 2019

austria

C.Herbst

Schoenherr represents Austrian Core Shareholders on re-acquisition of majority shareholding in C-Quadrat from HNA Group

Schoenherr has advised and represented an investment company controlled by San Gabriel Privatstiftung and the C-Quadrat management board member Cristobal Mendez de Vigo, on the re-acquisition of a controlling participation in Cubic (London) Limited ("Cubic"), and thus indirectly in C-Quadrat Investment AG ("C-Quadrat"), from HNA Group (International) Asset Management Co., Limited, Hong Kong ("HNA"). The Jebsen Group, an investment company based in Hong Kong, will hold a minority participation.

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press release

Czech Republic: Schoenherr advises PORTIVA Private Equity a.s. on the acquisition of a 50% share in EAG SE

Schoenherr Czech Republic advised PORTIVA Private Equity a.s. ("PORTIVA") on the acquisition of a 50% share in EAG SE ("EAG"), which through its subsidiary CARVAGOCOM s.r.o. will operate an innovative platform to be used for buying, selling and renting of cars and other related services.

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press release

22 May 2019

austria

M.Lagler

Austria: Schoenherr advises KTB Investment & Securities and KTB Asset Management on the acquisition of the T-Center

Schoenherr has advised South Korean investment fund KTB Investment & Securities and KTB Asset Management on the indirect acquisition of the T-Center, one of the largest and most famous office buildings in Vienna, from GENO Saturn Tower/T-Center Immobilienbeteiligungsholding GmbH & Co.OG and BEGO - ZWP GmbH.

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publication

03 April 2019

austria

C.Herbst

Public mergers and acquisitions in Austria 2019

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press release

Schoenherr wins three CEE Deal of the Year Awards for Austria, Bulgaria and Montenegro from CEE Legal Matters

Schoenherr received the CEE Deal of the Year Award for Austria, Bulgaria and Montenegro from the regional legal industry journal CEE Legal Matters. 

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press release

21 March 2019

austria

A.Popp

Schoenherr named "Austria's m&a law firm of the year" by Chambers and Partners

Schoenherr has been recognised as "Austria's m&a law firm of the year" by the renowned legal publisher Chambers and Partners.

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press release

18 March 2019

austria

C.Herbst

Austria/CEE: Schoenherr advises Bain Capital on the sale of a stake in the Wittur Group to the Canadian pension fund PSP Investments

Schoenherr advised Private Equity Group Bain Capital on the sale, by a Bain Capital controlled company, of a 32 percent stake in the Wittur Group to an investment company of the Canadian Public Sector Pension Investment Board (PSP Investments).

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press release

13 March 2019

austria

R.Bachner

Austria: Schoenherr advises UniCredit Bank Austria AG and Erste Bank der oesterreichischen Sparkassen AG on sale of majority stake in ÖHT to OeKB

Schoenherr has advised UniCredit Bank Austria AG and Erste Bank der oesterreichischen Sparkassen AG on the sale of their combined 68.75% stake in Österreichische Hotel- und Tourismusbank Gesellschaft m.b.H (ÖHT) (a specialist bank established in the tourism and leisure industry as a financing and development institution) to Oesterreichische Kontrollbank AG (OeKB). 

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press release

12 March 2019

austria romania

M.Lang M.Neagu

Austria/CEE: Schoenherr advises Ericsson on acquisition of Kathrein SE's antenna and filters business

Schoenherr has advised the Swedish network supplier Ericsson on the acquisition of German Kathrein SE's antenna and filters division.

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publication

to the point: Gesellschafts- und Unternehmensrecht | Q1 2019

In unserem "to the point" beleuchten unsere Experten für Sie jedes Quartal die aktuelle österreichische Rechtsprechung im Gesellschafts- und Unternehmensrecht.

more
publication

The International Comparative Legal Guide to: Mergers & Acquisitions 2019

The International Comparative Legal Guides provide current and practical comparative legal information on a range of practice areas, following a Q&A format to ensure thorough coverage of each topic within different legal systems worldwide.

more
press release

04 March 2019

austria

C.Herbst

Schoenherr advises Toyota Motor Europe on acquisition of Toyota Frey Austria

Schoenherr has advised Toyota Motor Europe ("TME"), on the acquisition of the Austrian National Marketing and Sales Company ("NMSC") Toyota Frey Austria GmbH (“TFA”).

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press release

06 February 2019

austria

T.Kulnigg

Austria/CEE: Schoenherr sharpens focus on technology & digitalisation matters

Schoenherr is sharpening its focus on technology & digitalisation matters by establishing a dedicated, firm-wide technology & digitalisation group.

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press release

30 January 2019

austria poland

M.Lagler

Austria/CEE: Schoenherr promotes Gudrun Stangl to equity partner and Arabella Eichinger to contract partner

Stefanie Aichhorn-Wöss, Marcin Antczak, Ayla Ilicali and Veronika Wolfbauer become counsel

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press release

17 January 2019

austria

T.Kulnigg

Austria: Schoenherr advises Israeli company Playtika on acquisition of Austrian Mobile Games Developer Supertreat

Schoenherr has advised Playtika Ltd. on the acquisition of Supertreat GmbH, the developer of the mobile game "Solitaire – Grand Harvest" ("Solitare – Goldene Ernte"). 

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press release

16 January 2019

slovenia

B.Brežan

Slovenia: Schoenherr advises Group Salins on the acquisition of Soltis

Schoenherr Slovenia has advised the French group of companies Groupe Salins ("Salins"), a pan-European salt producer and distributor, on the acquisition of the company Soltis d.o.o. ("Soltis"), a local distributor of salt products

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press release

08 January 2019

austria

A.Popp

Austria/CEE: Schoenherr leads the 2018 M&A legal market in Austria

Schoenherr has topped the Austrian Mergermarket M&A league tables and again maintained its position as the leading M&A legal advisor in its home market. 

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roadmap

Start-up acquisitions & exits - where expectations meet reality

Start-ups generally

A typical start-up is usually founded by three or four individuals as a limited liability company or a joint stock company focused on IT or online businesses. As the start-up grows, a number of investors (ten or more) come on board (venture capital funds and angel investors) by acquiring convertible loan instruments, newly issued or existing shares. The start-up company is focused on building up and investing in its team of specialists, which is often its main asset. This explains why employee share option plans are so common. Gradually, the client network expands and the brand is established. And then, a strategic company comes along with a lucrative offer to acquire the start-up.

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press release

07 January 2019

czech republic

V.Čížek

Czech Republic: Schoenherr advises Finnish company Caverion on the disposal of its Czech subsidiary to a company in the ČEZ Group

Schoenherr Czech Republic advised Finnish company Caverion Emerging Markets Oy ("Caverion") on the disposal of its Czech subsidiary Caverion Česká Republika s.r.o. to KART spol. s r.o., a member of the ČEZ Group.

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press release

Czech Republic / Slovakia: Schoenherr advises Mast-Jägermeister SE on the acquisition of Rémy Cointreau distribution subsidiaries in the Czech Republic and Slovakia

Schoenherr advised Mast-Jägermeister SE ("Jägermeister") on the acquisition of Rémy Cointreau's distribution subsidiaries in the Czech Republic (Rémy Cointreau Czech Republic s.r.o.) and Slovakia (REMY COINTREAU SLOVAKIA s. r. o.), from their French shareholders Rémy Cointreau S.A. and Rémy Cointreau Services SAS ("Rémy Cointreau"). The deal is subject to regulatory approvals.

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press release

13 December 2018

austria

Austria: Schoenherr advises Wieland Ventures on acquisition of stake in UrbanGold

Schoenherr has advised Wieland Ventures GmbH (Wieland) on the acquisition of a 22.1 % stake in UrbanGold GmbH (UrbanGold), an innovative start-up that developed a technology to recycle valuable metals from electrical and electronic waste. 

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press release

10 December 2018

austria

A.Popp

Austria: Schoenherr named Austrian M&A Legal Adviser 2018 by Mergermarket

Schoenherr received the "Austria M&A Legal Adviser of the Year" award from Mergermarket, a leading independent international M&A intelligence service. It is the fourth time Schoenherr's performance has been recognised by Mergermarket following top rankings in 2014, 2015 and 2017.

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press release

27 November 2018

austria

C.Herbst M.Lang

Austria/CEE: Schoenherr advises AddLife on acquisition of Biomedica Group

Schoenherr has advised NASDAQ Stockholm listed AddLife AB (publ) ("AddLife"), on the acquisition of Austrian life sciences company Biomedica Medizinprodukte GmbH ("Biomedica"). 

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press release

08 November 2018

hungary

K.Hetényi M.Lagler

Hungary: Schoenherr promotes competition expert Anna Turi and labour specialist Dániel Gera to counsel

Anna Turi and Dániel Gera, two of Schoenherr Hungary's most experienced legal experts, have been promoted to counsel. 

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press release

Austria/SEE: Schoenherr advises immigon and VR-Leasing on sale of VB-Leasing International

Schoenherr has advised German VR-Leasing AG ("VR-Leasing"), a leasing subsidiary of DZ Bank, and Austrian immigon portfolioabbau ag ("immigon"), the wind down company of the former Österreichische Volksbanken-Aktiengesellschaft, on the sale of VB-Leasing International to a consortium of partners consisting of APS, a leading CEE/SEE distressed debt investment advisor and manager, Nomura, the Asia-headquartered financial services group, and Balbec Capital, a global private investment firm.

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press release

CEE: Schoenherr advises on sale of United Group by KKR to BC Partners

Schoenherr has advised on the sale of a majority stake in United Group, the leading media and communication services provider across South East Europe, by KKR to funds advised by BC Partners. 

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press release

21 August 2018

poland

Poland: Schoenherr advises insurer VIG on Atrium Tower acquisition in Warsaw

Schoenherr's real estate team in Warsaw advised VIG Fund, a real estate investment company of Vienna Insurance Group ("VIG") on the acquisition of the Atrium Tower office building in the central business district of the Polish capital. Built in 1997 as one of the first modern office projects, Atrium Tower is a highlight construction in Warsaw's business district. 

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press release

Schoenherr CEE experts advise Telenor on sale of regional assets to PPF Group

Schoenherr advised Norwegian mobile operator Telenor ASA ("Telenor") on the sale of its Central and Eastern European assets to the CEE private investment firm PPF Group for a consideration of EUR 2.8bln.

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press release

17 July 2018

austria

A.Eichinger

Schoenherr advises Union Investment on two real estate acquisitions in Austria's second largest city

Schoenherr has advised the German fund manager Union Investment Real Estate ("Union Investment") on two property acquisitions in Graz this year. 

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press release

12 July 2018

austria

M.Lang

Schoenherr advises NOVOMATIC on sale of majority stake in I-NEW Unified Solutions

Schoenherr has advised NOVOMATIC AG ("NOVOMATIC"), one of the world's largest producers and operators of gaming technologies, on the sale of 76.81 % in I-NEW Unified Mobile Solutions AG ("I-NEW"), a local telecommunications software and hardware firm, to CYAN AG ("CYAN").

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press release

11 July 2018

austria

T.Kulnigg

Schoenherr advises Endeit Capital in largest Austrian start-up financing round in 2018

Schoenherr is harnessing its start-up and venture capital expertise by advising Dutch capital investment firm Endeit Capital in a EUR 50 million Series C financing round for Austrian tour booking platform TourRadar. 

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press release

03 July 2018

austria

C.Herbst

Austria: Schoenherr advises Starwood Capital on the acquisition of a core shareholding of 26% in CA Immo

Schoenherr has advised Starwood Capital Group ("Starwood") on the acquisition of a core shareholding in VSE listed CA Immobilien Anlagen AG ("CA Immo") from VSE listed Immofinanz AG ("Immofinanz"). 

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press release

26 June 2018

austria

R.Perner

Schoenherr CEE team awarded for Deal of the Year in Austria

Schoenherr was honoured by the regional legal industry journal CEE Legal Matters with the Austrian award during the inaugural edition of the Deal of the Year Awards Ceremony held on 6 June 2018 in Prague. 

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press release

07 June 2018

austria

R.Bachner

Schoenherr advises UniCredit on strategic Bancassurance partnerships with Allianz and Generali in CEE

Schoenherr has advised the UniCredit Group on establishing two exclusive strategic partnerships with Allianz and Generali for the distribution of insurance products for individuals and small-businesses in Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Serbia, Slovakia, and Slovenia announced on 5 June 2018 (see here)

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newsletter

30 May 2018

austria

T.Kulnigg

Cybersecurity: Why it matters in M&A Transactions

At a time when we are all dependent on our IT systems and when digital assets are of central importance, cybersecurity is one of the most critical aspects to protect our businesses, know-how and data from being stolen, disclosed, deleted and/or manipulated.

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newsletter

29 May 2018

hungary

K.Hetényi

Hungary: GDPR Considerations in M&A Transactions

The General Data Protection Regulation (GDPR) came into force on May 25 and introduced unified EU rules on personal data protection.

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press release

28 May 2018

slovenia

Schoenherr advises on Avia Prime's strategic partnership with Hartenberg

Schoenherr has advised alongside Polish lead counsel Gessel on establishing a strategic partnership between Avia Prime and Czech investment firm Hartenberg Holding ("Hartenberg"). 

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press release

Schoenherr advises EVO Payments on strategic payments partnership with MONETA Money Bank

Schoenherr's financial services team in Prague advised EVO Payments International ("EVO") on the creation of a long-term strategic alliance with MONETA Money Bank ("MONETA") for payment acceptance services to the bank's retail customers.

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newsletter

11 May 2018

romania

M.Neagu

Romania: Squeeze-outs of minority shareholders: methods and pitfalls

The squeeze-out of minority shareholders in closely held companies is one of the most controversial issues in Romania, having led to many debates both in and out of court.

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press release

27 April 2018

austria

C.Herbst

Austria: Schoenherr represents Austrian Core Shareholders on sale of majority shareholding in listed C-QUADRAT to HNA

Schoenherr has advised and represented the core shareholders of Cubic (London) Limited ("Cubic"), including San Gabriel Privatstiftung, and T.R. Privatstiftung, as indirect controlling stockholders in C-QUADRAT Investment AG ("C-QUADRAT"), on the sale of the majority shareholding in Cubic, and thus C-QUADRAT, to the HNA Group (International) Asset Management Co., Limited, Hong Kong ("HNA"). HNA is part of the HNA Group, a leading Chinese diversified industrial group. C-QUADRAT is an independent asset management company listed on the Vienna stock exchange.

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publication

The International Comparative Legal Guide to: Mergers & Acquisitions 2018

The International Comparative Legal Guides provide current and practical comparative legal information on a range of practice areas, following a Q&A format to ensure thorough coverage of each topic within different legal systems worldwide.

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press release

23 March 2018

slovenia

B.Brežan

Schoenherr advises Slovenian ENI subsidiary on acquisition of Mestni Plinovodi

Schoenherr has advised Adriaplin d.o.o. ("Adriaplin"), the Slovenian subsidiary of Eni S.p.A., on the acquisition of Mestni Plinovodi d.o.o. ("Mestni Plinovodi"), a local natural gas distribution network operator and gas supplier, from a consortium of sellers consisting of gas distributors Ireti and ACSM-AGAM from Italy and Istrabenz Plini from Slovenia.

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press release

21 February 2018

austria

M.Lang V.Weiss

Schoenherr advises specialty chemicals company Synthomer on acquisition of BASF SBR production site in Austria

Schoenherr advised British specialty chemicals company Synthomer plc ("Synthomer") on its acquisition of the BASF SE ("BASF") paper coating dispersions business in Austria for a purchase price of EUR 30m.

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press release

AT/CZ: Schoenherr strengthens teams in Vienna and Prague with two new contract partner promotions

Schoenherr is announcing the promotion of Austria IP lawyer Michael Woller and Czech corporate/M&A expert Vladimír Čížek to contract partner. 

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roadmap

Privacy-related representations in m&a agreements

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roadmap

Romanian m&a on trial: Translation of international standards into local m&a transactions

Romanian private m&a has constantly sought to align itself to the international standards of transaction documentation, with some distinctions in terms of scope and interpretations of traditional m&a concepts still to be considered. 

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roadmap

Disclosure obligations under the Austrian Stock Exchange Act

Due to their volume and value, transactions in listed companies regularly affect a variety of different stakeholders, from minority shareholders through to creditors, employees and the public interest. 

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roadmap

Disclosure in the context of private m&a transactions

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press release

08 January 2018

austria

C.Herbst

Austria: Schoenherr advises Liechtensteinische Landesbank on the acquisition of Semper Constantia Privatbank

Schoenherr has advised Zürich listed Liechtensteinische Landesbank AG ("LLB") on the acquisition of Semper Constantia Privatbank AG ("Semper Constantia"), Vienna. 

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press release

05 January 2018

austria

A.Popp

Number 1: Schoenherr leading the M&A legal market in Austria for a decade

For ten consecutive years, Schoenherr has topped the Austrian Mergermarket M&A league tables and maintained its position as the leading M&A legal advisor in its home market. 

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roadmap

Supervisory Board: Disclosure of conflicts of interest and confidential information

Prior to their election to the supervisory board of an Austrian stock corporation or, in case of a two-tier governance system, societas europaea candidates have to disclose to the shareholders their qualifications, profession and other functions as well as all circumstances that may create the appearance of a conflict of interest. 

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press release

22 December 2017

austria

C.Herbst

Austria/Germany: Schoenherr advises BUWOG on the public takeover bid of VONOVIA

Schoenherr is advising BUWOG AG ("BUWOG") as target company in the voluntary public takeover bid of VONOVIA SE ("VONOVIA").

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press release

11 December 2017

austria

R.Perner A.Popp

Schoenherr named leading M&A legal adviser in Austria by Mergermarket for the third time

Schoenherr was named "Austrian M&A Legal Adviser of the Year" by the leading business intelligence provider Mergermarket at the European M&A Awards 2017 Gala. 

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press release

13 November 2017

austria

T.Kulnigg

Schoenherr advises VC firm Endeit Capital on EUR 9m financing round

Schoenherr is leveraging its start-up and venture capital expertise by advising Dutch capital investment firm Endeit Capital as lead investor in a EUR 9m Series B financing round for Austrian tour booking platform TourRadar.

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press release

Schoenherr advises on EU-Turkey Customs Union case

Schoenherr has successfully advised the association of Turkish freight forwarders ("UND") and Istanbul Lojistik ("IL") on an EU law infringement case against Hungary, which requires Turkish freight forwarding companies to obtain a transit permit for transporting goods across its territory.

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press release

18 October 2017

austria

C.Herbst

Austria: Schoenherr advises Accuron Technologies, Singapore, on acquisition of mechatronic systemtechnik

Schoenherr has advised Accuron Technologies Limited ("Accuron Group"), owned by Temasek Holdings, Singapore, on the acquisition of mechatronic systemtechnik GmbH ("mechatronic systemtechnik") from Danube Equity, a Voest Alpine group company and Fidura, a German private equity fund. The closing of the transaction took place on 16 October 2017.

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press release

17 October 2017

croatia romania austria

Austria: Schoenherr advises Atos on acquisition of Siemens Convergence Creators

Schoenherr has advised French IT service provider Atos SE ("Atos") on the planned acquisition of Siemens Convergence Creators GmbH ("CVC"). The parties have agreed not to disclose the purchase price.

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press release

03 October 2017

romania

S.Guţiu

Romania: Schoenherr wins three awards from leading financial journal Ziarul Financiar

Schoenherr si Asociatii was honoured by Romania's leading financial journal Ziarul Financiar with three awards during the eight edition of the Business Lawyers' Gala organised by the newspaper on 27 September in Bucharest. 

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press release

26 September 2017

austria

M.Piuk

Austria: Schoenherr advises BK Invest on acquisition of cloud-based customer dialogue solutions atms

Schoenherr advised BK Invest GmbH ("BK Invest") on the acquisition of atms Telefon- und Marketing Services GmbH ("atms"), which also includes sms.at mobile internet services GmbH ("sms.at"), from German company dtms GmbH. The parties have agreed not to disclose the financial terms of the transaction.

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press release

21 September 2017

slovenia austria

Austria: Schoenherr advises Valora Group on acquisition of food service company BackWerk

Schoenherr has advised Swiss listed Valora Group ("Valora") on all Austrian aspects of the acquisition of German-based food service company BackWerk from the Swedish financial investor EQT.

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press release

14 September 2017

austria

C.Herbst

Austria: Schoenherr advises Schweighofer Group on sale of Schweighofer Fiber to TowerBrook Capital Partners

Schoenherr has advised Schweighofer Group on the sale of Schweighofer Fiber GmbH ("Schweighofer Fiber"), to private equity group TowerBrook Capital Partners L.P., London/New York ("TowerBrook Capital Partners").

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press release

11 September 2017

turkey

Turkey: Schoenherr advises Greiner Packaging on acquisition of Turkish TEKNİK PLASTİK GREİNER AMBALAJ

Schoenherr has advised the Austrian company Greiner Packaging International GmbH ("Greiner") on the acquisition of all shares in TEKNİK PLASTİK GREİNER AMBALAJ SANAYİ VE TİCARET ANONİM ŞİRKETİ ("TEKNİK PLASTİK GREİNER AMBALAJ"), one of Turkey's leading packaging and labelling companies. 

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newsletter

07 September 2017

hungary

K.Hetényi

Potential Hurdle for Acquisitions in Hungary by Non-EU and Non-EEA Investors

The Hungarian Ministry of the Interior recently submitted a legislative proposal to the Hungarian Government to amend the Act on Hungarian National Security Services (the "Proposal").

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press release

29 August 2017

poland austria

C.Herbst

Austria/Poland: Schoenherr advises KPS Capital Partners, New York, USA on acquisition of DexKo Global

Schoenherr advised US asset manager KPS Capital Partners, LP, New York, USA ("KPS") on the acquisition of DexKo Global's ("DexKo") production facilities in Austria and Poland, from private equity investment firm Sterling Group L.P.

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press release

16 August 2017

bulgaria

S.Tsekova

Bulgaria: Schoenherr advises Bulgarian Eagle airline on AOC Certification

Schoenherr advised Bulgarian Eagle airline, the ACMI (Aircraft, Crew, Maintenance and Insurance) carrier, recently founded by the Germania Group, on its expansion into Bulgaria. 

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press release

10 August 2017

austria

C.Herbst

Austria: Schoenherr advises French Groupe PSA on acquisition of General Motors' Austrian Opel automotive operation

Schoenherr has advised PSA Peugeot Citroën SA ("Groupe PSA") on the acquisition of General Motors' ("GM") Opel Austrian subsidiary and Opel manufacturing site in Vienna.

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press release

04 August 2017

austria

T.Kulnigg A.Popp

Austria: Schoenherr advises Tele2 on the sale of Tele2 Austria to Hutchison/Drei

Schoenherr has advised Swedish telecommunications group Tele2 on the sale of its subsidiary Tele2 Austria to mobile company Hutchison Drei Austria GmbH ("Drei") for an enterprise value of EUR 95m. The transaction is expected to occur following approval by the Austrian competition authority.

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press release

18 July 2017

bulgaria

A.Doytchinova

Bulgaria: Schoenherr advises Kronberg International on acquisition of Mall Varna

Schoenherr advised Kronberg International on the acquisition of Mall Varna EAD from Raiffeisen Bank International AG. Closing took place in Q2 2017 and the parties have agreed not to disclose the purchase price.

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press release

14 July 2017

austria

M.Lagler

Schoenherr advises Deka Immobilien on the acquisition of the tallest hotel and office building in Austria

Schoenherr has advised real estate investment company Deka Immobilien on the acquisition of DC Tower 1 in Vienna, the tallest hotel and office building in Austria, from a UniCredit Bank Austria AG subsidiary.

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press release

04 July 2017

austria

Schoenherr advises Roche on acquisition of mySugr

Schoenherr has advised the Roche Group ("Roche") on the acquisition of all shares of mySugr GmbH ("mySugr"). 

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press release

04 July 2017

austria

Schönherr berät Roche beim Erwerb von mySugr

Schönherr hat Roche beim Erwerb sämtlicher Anteile an dem weltweit erfolgreichen Diabetes Service-App Provider mySugr beraten.

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press release

22 June 2017

romania

M.Piuk M.Neagu

Romania: Schoenherr advises IULIUS Group and Atterbury Europe on joint venture for real estate development

Schoenherr advised IULIUS Group ("IULIUS"), the developer and operator of the IULIUS network of shopping malls, and property investor Atterbury Europe B.V. ("Atterbury Europe") on the establishment of a joint financial fund with equal participation shares for the operation of four malls, the mixed-use urban regeneration project Openville Timisoara, and the future development of similar projects in Romania.

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press release

Czech Republic/Hungary/Poland/Slovakia: Schoenherr advises AG FOODS and Coöperatief Avallon on settlement of minority shareholders' disputes and management buyout

Schoenherr advised AG FOODS Group ("AG FOODS") and Coöperatief Avallon MBO U.A. ("Coöperatief Avallon") on the settlement of minority shareholders' disputes and on a subsequent management buyout.

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press release

Austria: Schoenherr named "Austrian Law Firm of the Year" and awarded for "European Restructuring Deal: HETA" by IFLR

Schoenherr was named "Austrian Law Firm of the Year" by renowned legal publisher International Financial Law Review ("IFLR") at the IFLR European Awards Ceremony held in London on 20 April. 

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press release

Austria: Schoenherr advises RBI on merger with RZB - one of the largest corporate reorganisations in the Austrian banking sector

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publication

The International Comparative Legal Guide to: Mergers and Acquisitions 2017

The International Comparative Legal Guides provide current and practical comparative legal information on a range of practice areas, following a Q&A format to ensure thorough coverage of each topic within different legal systems worldwide.

more
press release

13 February 2017

austria

C.Herbst M.Lang

Austria: Schoenherr promotes m&a specialist Maximilian Lang to counsel

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press release

02 February 2017

austria

M.Lagler

Austria: Schoenherr and SCWP Schindhelm advise an investor group and UBM JV on the acquisition of Ekazent from UniCredit

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press release

Slovakia/Hungary/Poland: Schoenherr strengthens its CEE capabilities with three promotions

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press release

27 January 2017

austria

M.Lagler

Austria: Schoenherr advises on the acquisition of BAI Group by SIGNA and investor group JV

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press release

10 January 2017

austria

A.Popp

Austria/CEE: Schoenherr ranked top in Austrian M&A market for the ninth year in a row

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