Austria: Schoenherr advises RBI on financing of the acquisition of shares in RWA

With the completion of the acquisition, the full separation of RWA and BayWa AG has been finalised. RWA is now once again wholly owned by the Lagerhaus cooperatives. The sale of significant international shareholdings, such as that in RWA, forms part of the transformation strategy of the listed company BayWa AG.

"We are pleased to have supported RBI in this transaction, which is of strategic importance to RWA and the warehouse sector," said Schoenherr partner Martin Ebner.

RWA operates as a producer, service provider and retailer in the agriculture, technology, energy, building materials and home & garden sectors. As the umbrella organisation of the Austrian Lagerhaus cooperatives, RWA provides them with a comprehensive range of services in these areas. In addition, it operates numerous holdings and subsidiaries in Austria and selected Eastern European countries.

The Schoenherr team was led by Martin Ebner (partner) and Christian Cacic (attorney at law), and further consisted of Gabriel Ebner (attorney at law), Viktoria Carranza-Berg (attorney at law), Kristina Petz (associate) and Nikolaus Frühwirth (associate).

bpv Hügel acted as legal advisor to RWA. The team was led by Christoph Nauer and Ingo Braun, and further included Barbara Valente, Daniel Maurer, Patrick Nutz-Fallheier, Roland Juill and Johannes Mitterecker.