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24 September 2021
press release
austria

Austria: Schoenherr advises ZECH Bau Austria on acquisition of Implenia's building construction business

Schoenherr advised ZECH Bau Austria GmbH, a German owner-managed construction company, on the acquisition of Implenia Baugesellschaft mbH's building construction business in Austria by virtue of an asset deal.

The closing of the transaction is currently subject to merger control clearance.

ZECH Bau Austria GmbH is part of the Zech Group. With the acquisition of Implenia's building construction business in Austria, the Zech Group takes an important step in expanding its activities in the Austrian market. Schoenherr advised Zech in all legal aspects of the transaction, including corporate law, real estate law, tax, employment and antitrust law.

Zech Group SE is a strategic management holding company, bringing together three business divisions under one umbrella. A wide range of services make the company a capable partner in the building, real estate and hotel sectors. The broadly positioned and diversified group of companies concentrates on the real estate value chain. With its mid-sized character and entrepreneurial management, the Zech Group is able to seize opportunities and adapt structures to the requirements of the market.

The team advising Zech Group was led by Roman Perner (partner) and Michael Marschall (attorney at law). It further consisted of Christoph Haid (partner); Constantin Benes (partner); Stefan Kühteubl (partner); Gabriel Ebner (associate); Marco Thorbauer (attorney at law); Irina Hanin (associate); Teresa Waidmann (counsel); Karin Pusch (attorney at law); and Lisa Todeschini (associate).