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

BackWerk operates a franchise network of over 340 outlets mainly in Germany, Austria and the Netherlands. The transaction is subject to the approval of the German Federal Cartel Office (Bundeskartellamt).
 
Valora runs a retail network of around 2,500 convenience and food-service outlets at heavily frequented sites in Switzerland, Germany, Austria, Luxembourg and France. Every day more than one million customers visit these sales outlets and make use of Valora's well-known brands, such as k kiosk, Brezelkönig, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok.-. Valora is also a leader in pretzel production and operates a highly integrated bakery-products value chain. Headquartered in Muttenz, Switzerland, Valora generates external sales in excess of CHF 2.5bln per year and has more than 4,000 employees. The registered shares of Valora Holding AG (VALN) are traded on the SIX Swiss Exchange.
 
The Schoenherr team was led by Florian Kusznier (partner, corporate/m&a) and further comprised Hanno Wollmann (partner, eu & competition); Julia Wasserburger (attorney at law, corporate/m&a); Manuel Ritt-Huemer (attorney at law, corporate/m&a); Arzu Cakmak (associate; corporate/m&a); Franziska Oczlon (associate; real estate); Natalia Wolfschwenger (associate, real estate); Una Campara (associate, real estate); Teresa Waidmann (associate, labour & employment); Dominik Hofmarcher (attorney at law, ip, it & life sciences); Clemens Gaugusch (associate, corporate/m&a); Andreas Natterer (partner, dispute resolution); Veronika Wolfbauer (attorney at law, regulatory); Eva Možina (attorney at law, Ljubljana; corporate/ m&a); and Nives Slemenjak (associate, Ljubljana; labour & employment).
 
Schoenherr acted alongside Gleiss Lutz, Stibbe, Bär & Karrer and Travers Smith.