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13 September 2023
Serbia: Schoenherr advises founders of Novelic on sale of 54 % stake to Sona Comstar
Moravčević Vojnović and partners in cooperation with Schoenherr advised the founders of the Serbia-based company Novelic – Messrs. Brankovic, Mihajlovic and Tasovac (Sellers) – on the sale of an aggregate 54 % stake to Sona Comstar, a leading global provider of automotive technology solutions.
Austria: Schoenherr advises Thoma Bravo portfolio company J.D. Power on acquisition of Autovista Group
Schoenherr advised, alongside lead counsel Kirkland & Ellis, London, Thoma Bravo's portfolio company J.D. Power, a global leader in data analytics, on the acquisition of the leading pan-European and Australian automotive data, analytics and industry insights provider Autovista Group.
Austria: Schoenherr advises Process Sensing Technologies on acquisition of Sensore Electronic GmbH
Schoenherr advised Process Sensing Technologies ("PST") (UK), a leading provider of measurement and monitoring solutions for process-critical applications, on the acquisition of Sensore Electronic GmbH ("Sensore").
Austria: Schoenherr advises Usersnap on exit to saas.group
Schoenherr advised the shareholders of Austrian software company Usersnap on their acquisition by saas.group, a company active in the business of acquiring promising software as a service (SaaS) companies.
21 August 2023
Austria: Schoenherr advises Aldiana Management GmbH on purchase of Aldiana Club Ampflwang
Schoenherr advised Aldiana Management GmbH, a DER Touristik Group subsidiary, on the purchase of Aldiana Club Ampflwang, a resort in Upper Austria. DER Touristik Group is the travel division of REWE Group.
10 August 2023
Austria: Schoenherr advises NEVEON on sale of Greiner Perfoam to Trèves
Schoenherr advised NEVEON Holding GmbH ("NEVEON"), a member of the Greiner Group, on the sale of the automotive division, consisting of Greiner Perfoam GmbH and its subsidiaries ("Perfoam Group"), to Trèves S.A.S. ("Trèves").
Romania: Schoenherr advises Enery on signing long-term virtual power purchase agreement for renewable energy with Ursus Breweries
Schoenherr advised Enery on signing a multi-year virtual power purchase agreement (VPPA) with Ursus Breweries, part of Asahi Europe & International, to provide green energy and guarantees of origin for the production at their brewing facilities in Romania.
Romania: Schoenherr advises ROMCIM on merger clearance and FDI regarding its acquisition of Bauelemente
Schoenherr Romania advised ROMCIM, a CRH Company ("ROMCIM") on merger clearance and FDI filing regarding its acquisition of Bauelemente Reinvest and its branch, Bauelemente. With this transaction, ROMCIM adds three production facilities to its Romanian business, located in Bolintin Deal (Giurgiu), Cristian (Sibiu), and Aricestii Rahtivani (Prahova).
03 August 2023
CEE: Schoenherr advises Emirates Telecommunications Group Company on acquisition of a controlling stake in PPF Telecom Group's assets in Bulgaria, Hungary, Serbia and Slovakia
Schoenherr advised Emirates Telecommunications Group Company ("e&") alongside Sullivan & Cromwell London on the acquisition of a controlling stake in PPF Telecom Group's assets in Bulgaria, Hungary, Serbia and Slovakia.
19 July 2023
Serbia: Schoenherr advises OTP Group on project finance facilities for development of six biogas power plants in Serbia
Moravčević Vojnović and partners in cooperation with Schoenherr advised OTP Group members, OTP Bank Plc Hungary and OTP Bank Serbia, in a biogas project finance transaction. The financing will be used by three special-purpose vehicles (SPVs) that acted as borrowers to develop six biogas power plants in Serbia. The project's sponsor, Pannonia Bio, is among the largest biorefinery operators in Europe.
Romania: Schoenherr advises SpeedValue on acquisition of Codegile
Schoenherr Romania advised SpeedValue on its acquisition of Romanian software developer Code Agile SRL, operating under the Codegile brand. The transaction is part of SpeedValue's growth strategy aimed at responding to increasing demand for development services in the context of the accelerated transition to cloud-based environments across sectors. Following the transaction, Codegile has become CodeValue Romania.
14 July 2023
Austria/CEE: Schoenherr advises GfK SE on EUR 315m sale of European Consumer Panel business (GfK CP) to YouGov PLC
Schoenherr alongside Jones Day (lead counsel for GfK) advised GfK SE on the EUR 315m sale of its European Consumer Panel business (GfK CP) to YouGov PLC. Closing is subject to regulatory clearances and is expected to occur in the second half of 2023.
Romania: Schoenherr advises AkzoNobel on sale of its insulation materials production to HIRSCH Porozell
Schoenherr Romania advised AkzoNobel on the sale of its extruded polystyrene (XPS) insulation material production activities in Romania to HIRSCH Porozell. The production facility near Bucharest became part of AkzoNobel following the acquisition of Fabryo in October 2018. Through this divestment, AkzoNobel plans to focus on its key expertise and streamline its footprint towards a single production site in the local market.
Austria: Schoenherr advises Tello Holding AG on acquisition of majority stake in VA Intertrading
Schoenherr advised Tello Holding AG on the acquisition of the majority stake in VA Intertrading Aktiengesellschaft (VAIT) by taking over Kairos Industrie Holding GmbH.
Austria: Schoenherr enforces rights of well-known brand Jägermeister against discount private label before Supreme Court
Schoenherr has obtained an EU-wide preliminary injunction before the Supreme Court (Oberster Gerichtshof, OGH) against the imitation by a discount private label product on behalf of the manufacturer of the herbal liqueur Jägermeister. The preliminary injunction enforces Jägermeister's rights arising from its well-known trademarks and on the grounds of unfair exploitation of its reputation.
06 July 2023
Austria: Schoenherr advises VERBUND AG on acquisition of Solarpower Holding GmbH and its subsidiaries
Schoenherr advised VERBUND AG, via its subsidiaries VERBUND Energy4Business GmbH and VERBUND Thermal Power GmbH, on the acquisition of all shares in Solarpower Holding GmbH and (indirectly) its subsidiaries MSP Solarpower GmbH and IFIX-Solar GmbH from its shareholder.
Romania: Schoenherr advises DDM on acquisition of Intrum's entire NPL portfolio in Romania
Schoenherr Romania advised DDM Holding AG (DDM) on the acquisition of a non-performing loans (NPL) portfolio from Intrum AB (Intrum). The portfolio contains unsecured consumer receivables and has a face value of over EUR 1bln. The servicing of the portfolio will be performed by AxFina, part of the DDM group. With this transaction, Intrum will exit the Romanian market, as part of its strategic priorities to reduce the number of its jurisdictions, and simplify and focus its geographical footprint.
05 July 2023
Austria: Schoenherr advises SanusX GmbH on acquisition of participation in Biome Diagnostics GmbH
Schoenherr advised SanusX GmbH, a UNIQA Group company, on the acquisition of a participation in Biome Diagnostics GmbH in a capital increase transaction.
Romania: Schoenherr advises OMV Petrom on acquisition of 710 MW PV projects
Schoenherr Romania advised OMV Petrom on the acquisition of several photovoltaic (PV) parks under development, with planned installed power of approx. 710 MW. The projects, which are located in Teleorman county, are being developed by the Danish developer Jantzen Renewables and are expected to reach the "ready-to-build" phase in the second quarter of 2024.
30 June 2023
Austria/Slovenia: Schoenherr advises OMV on sale of OMV Slovenija to MOL
Schoenherr advised OMV Downstream GmbH ("OMV") on the sale of its subsidiary OMV Slovenija to a subsidiary of MOL Hungarian Oil and Gas Plc ("MOL"). The initial purchase price received at closing amounts to EUR 311m (for a 92.25 % OMV stake) to be adjusted for the actual net working capital and net financial debt at closing. The sale and transfer encompassed OMV's retail and wholesale business in Slovenia.
Austria: Schoenherr advises Joint Lead Managers on issuance of a EUR 500m mortgage covered bond by Raiffeisen-Landesbank Steiermark
Schoenherr advised the Joint Lead Managers Erste Group Bank AG, Landesbank Baden-Württemberg, Landesbank Hessen-Thüringen Girozentrale, Raiffeisen Bank International AG and UniCredit Bank AG on the successful issuance of a EUR 500m 3.75 % mortgage covered bond (Hypothekenpfandbrief) due 26 June 2026 by Raiffeisen-Landesbank Steiermark AG.
26 June 2023
Austria: Schoenherr advises Audiotonix Group on acquisition of sonible GmbH
Schoenherr advised the Audiotonix Group, a global market leader in the design, engineering and manufacture of professional audio mixing consoles, on the acquisition of sonible GmbH, an Austrian start-up specialised in developing AI-assisted audio plug-ins and 3D audio systems.
22 June 2023
Austria: Schoenherr's IP practice named Austria Trademark Disputes Firm of the Year by Managing IP
Schoenherr's IP team received the Austria Trademark Disputes Firm of the Year 2023 award during the annual awards ceremony held by Managing IP (MIP) on 21 June 2023.
Romania: Schoenherr advises Catalyst on major investment in ESX
Schoenherr Romania advised Catalyst Romania Fund II, a key venture capital fund in Southeast Europe, on a EUR 2m transaction involving a sports subscription start-up by ESX, the largest Romanian sports centre network. The investment allows ESX to strengthen its market position by expanding at a higher rate and opening up new cross-border prospects.
Austria: Schoenherr advises Rhône Capital on public cash offer in RHI Magnesita N.V.
Schoenherr advised Rhône Capital ("Rhône") on a public cash offer for up to 29.9 % of the share capital in RHI Magnesita N.V. ("RHI Magnesita"). The offer document was published on 19 June 2023 following an announcement of the intended transaction on 30 May 2023.
Romania: Schoenherr advises euShipments.com on acquisition of Helpship
Schoenherr Romania advised BlackPeak-backed euShipments.com, one of the fastest-growing ecommerce logistics platforms in the region, on the acquisition of a majority stake in Romanian e-fulfilment provider Helpship.
Hungary: Schoenherr appoints Dániel Gera as managing partner of Schoenherr Hungary from April 2023
Schoenherr appointed partner Dániel Gera as managing partner of Schoenherr Hungary, effective 1 April 2023. He takes over the role from Kinga Hetényi who has led the office in continuous growth for over a decade and will in the future focus on client relationship, lead in legal mandates and the training of the firm's next generation of lawyers.
Austria: Schoenherr advises banks on financing for Wiener Stadtwerke
Schoenherr, together with Linklaters, advised UniCredit Bank Austria as sole coordinator, documentation agent, bookrunner and mandated lead arranger, ING Bank NV as facility agent, bookrunner and mandated lead arranger, Erste Group Bank AG, Raiffeisenbank International AG and Commerzbank AG as bookrunners and mandated lead arrangers as well as other banks on the revolving syndicated facility for Wiener Stadtwerke GmbH. Wiener Stadtwerke's debut in the international syndicated loan market was significantly oversubscribed compared to the target volume of EUR 1.7bln.
Austria: Schoenherr advises Joint Bookrunners on the successful issue of EUR 250m convertible bonds by voestalpine AG
Schoenherr advised BNP PARIBAS and Citigroup Global Markets Europe AG (Joint Global Coordinators and Joint Bookrunners) as well as UniCredit Bank AG (Joint Bookrunner) as to Austrian law in connection with the successful, oversubscribed issue of convertible bonds by voestalpine AG.
02 May 2023
Czech Republic: Schoenherr advises Lindab Group on acquisition of Ventilace EU a.s.'s Czech ventilation business
Schoenherr advised Lindab Group ("Lindab"), a leading European ventilation company, on the acquisition of the ventilation business of Ventilace EU a.s. ("Ventilace EU"), a top Czech HVAC manufacturer and wholesaler. The acquisition of Ventilace EU's ventilation business resulted from the previous successful collaboration between both companies. Ventilace EU's co-owner and managing director, Jiří Chvátal, will continue to run the business as part of Lindab.
Austria: Schoenherr advises sell-side in RHI Magnesita's acquisition of Seven Refractories
Schoenherr advised Seven Refractories GmbH on the sale of its European, Indian and US operations to RHI Magnesita for a cash consideration of approximately EUR 93m. Closing is expected in the second half of 2023 and is subject to the fulfilment of customary regulatory approvals.
27 April 2023
Austria/CEE: Schoenherr advises Carrier on EUR 12bln acquisition of Viessmann Climate Solutions
Schoenherr advised the Carrier Global Corporation (Carrier), a provider of intelligent climate and energy solutions, on its acquisition of Viessmann Climate Solutions, alongside Linklaters. The cash and stock transaction is valued at EUR 12bln and is the largest transaction in the German M&A market to date this year.
Austria/Romania: Schoenherr advises HS Timber Group on sale of HS Timber Productions Sebeș SRL to Ziegler Group
Schoenherr advised HS Timber Group on its sale of HS Timber Productions Sebeș SRL as part of a share sale. With more than 600 employees HS Timber Productions Sebeș SRL operates a sawmill and other industrial wood processing activities at the Sebeș site.
Bosnia and Herzegovina: Schoenherr assists UniCredit Bank a.d. Banja Luka in winning a dispute with Bitminer Factory
Moravčević Vojnović and partners in cooperation with Schoenherr assisted UniCredit Bank a.d. Banja Luka in winning a dispute with Bitminer Factory and overturning a EUR 131m first instance judgment.
Austria: Schoenherr advises Joint Lead Managers on issuance of EUR 1bln Hypothekenpfandbriefe (Mortgage Pfandbriefe) by Erste Group Bank AG
Schoenherr advised Joint Lead Managers Erste Group Bank AG, Intesa Sanpaolo S.p.A., Landesbank Baden-Württemberg, Landesbank Hessen-Thüringen Girozentrale, NATIXIS and TD Global Finance unlimited company on the successful issuance of EUR 1bln 3.125% Hypothekenpfandbriefe (Mortgage Pfandbriefe) – due 14 October 2027 – by Erste Group Bank AG.
Serbia: Schoenherr advises on acquisition of Expobank A.D. Belgrade
Moravčević Vojnović and partners in cooperation with Schoenherr advised the owner of Adriatic Bank A.D. Podgorica on the acquisition of 100 % of the shares in Expobank A.D. Belgrade.
Austria: Schoenherr advises shared-mobility start-up UBIQ on seven-figure Series A financing round
Schoenherr advised Austrian shared-mobility start-up UBIQ, a provider of AI-powered solutions for managing fleets in the shared (e-)mobility industry, on its seven-figure Series A financing round.
Romania/Moldova: Schoenherr advises Banca Comercială Română on sale of Chișinău subsidiary
Schoenherr advised Banca Comercială Română (BCR) on the full sale of its shares in its Chișinău subsidiary (BCR Chișinău) to Banca Comercială Victoriabank.
Austria: Schoenherr advises Joint Lead Managers on issuance of EUR 500m Green Ordinary Senior Eligible Notes by VOLKSBANK WIEN AG
Schoenherr advised Joint Lead Managers Danske Bank A/S, DekaBank Deutsche Girozentrale, Erste Group Bank AG, NATIXIS, Raiffeisen Bank International AG and UniCredit Bank AG on the successful issuance of EUR 500m 4.750% Green Ordinary Senior Eligible Notes – due 15 March 2027 – by VOLKSBANK WIEN AG.
Austria: Schoenherr advises OMV on establishment of a geothermal energy joint venture with Wien Energie
Schoenherr advised OMV on the establishment of a geothermal energy joint venture with Wien Energie, the largest regional energy provider in Austria.
Austria: Schoenherr advises Inflexion on acquisition of majority stake in European fintech Nomentia from PSG Equity and Verdane
Schoenherr advised Inflexion, a leading mid-market private equity firm, on the acquisition of a majority stake in the European fintech Nomentia from PSG Equity and Verdane.
Serbia: Schoenherr advises AIK Banka on acquisition of Eurobank Direktna
Moravčević Vojnović and partners in cooperation with Schoenherr advised AIK Banka on signing a share purchase agreement for the acquisition of 100 % ownership in Eurobank Direktna.
Austria: Schoenherr advises América Móvil on extension of its partnership with OBAG as to Telekom Austria including on a spin off by Telekom Austria of its tower business
Schoenherr advised América Móvil as the controlling shareholder of Vienna Stock Exchange listed Telekom Austria on the terms of a ten-year extension of its shareholder agreement with Oesterreichische Beteiligungs AG (OBAG) and on related measures.
Romania: Schoenherr advises Eurobank on sale of Brico Depot Iasi to Radacini Group
Schoenherr Romania advised Eurobank S.A. Greece ("Eurobank") on the sale of a real estate asset in Iasi, Romania. The commercial space, which has a sales area of approx. 8,000 m2 and houses a Brico Depot do-it-yourself ("DIY") store, was sold to the real estate division of Radacini Group.
Austria: Schoenherr advises allmyhomes GmbH on joint venture to enter Austrian market
Schoenherr advised allmyhomes on the establishment of a joint venture in Austria with allmyhomes Venture Partner AT GmbH, a consortium of Austrian real estate experts.
01 February 2023
Austria/CEE: Schoenherr with strong promotion round across offices and practice areas
Schoenherr is further strengthening its leadership ranks by appointing new partners and counsels across CEE, effective 1 February 2023. The promotion round builds up the partner ranks (four new partners, five new local partners) and strengthens the counsel level with two promotions. The new partners and counsels are experienced experts from various practice areas and Schoenherr offices.
Romania: Schoenherr advises Nofar Energy on acquisition of 73 MW solar PV project
Schoenherr Romania advised Nofar Energy on the acquisition of a 73 MW solar photovoltaic (PV) project in Slobozia, Giurgiu county.
Austria: Schoenherr advises proptech scale-up GROPYUS on major Austrian scale-up financing round
Schoenherr advised the Vienna-headquartered property technology scale-up GROPYUS on its ongoing Series B financing round led by Vonovia, Europe's largest residential real estate company. The volume of this financing round is at around EUR 100m, bringing GROPYUS' total funding to date to more than EUR 200m.
Slovenia: Schoenherr advises AMC IV and Accession Capital Partners on mezzanine financing and equity investment into textile division of Fori group
Schoenherr advised AMC Capital IV SCSp, a private-equity (mezzanine) fund (AMC), and Accession Capital Partners (ACP) on mezzanine financing and an investment into Fori group's textile division by AMC. Closing occurred on 5 January 2023.
26 January 2023
Österreich: Schönherr, GBI, Christie & Co und The Urban Land Institute widmen sich aktuellen Trends in der Hotellerie
Am 25. Jänner 2023 fand neuerlich der gemeinsame Neujahrsempfang von Schönherr Rechtsanwälte, GBI-Projektentwicklungs Ges.m.b.H., Christie & Co und The Urban Land Institute (ULI) statt. Im Zentrum des gemeinsamen Abends standen Trends und Entwicklungen in der Hotellerie und bei Betreiberimmobilien nach dem Ende der Pandemie. Rund 80 Gäste nahmen an der Veranstaltung, ausgerichtet in den Räumlichkeiten von Schönherr Rechtsanwälte, teil.
25 January 2023
Czech Republic: Schoenherr advises METRO AG on cooperation with Košík
Schoenherr advised METRO AG ("METRO") on strengthening its successful cooperation with Košík via the acquisition of a 25 % stake in Košík Holding, the parent company of Košík.cz s.r.o. and Kolichka.bg Online Supermarket EOOD (together "Košík"), an eGrocery delivery service currently active in the Czech Republic and Bulgaria, with an option for a further 5 % if Košík expands into other CEE markets in collaboration with METRO.
Austria/CEE: Schoenherr again on top in Mergermarket M&A rankings
Schoenherr has reaffirmed its strong position as the leading M&A advisor by being ranked number one in the 2022 Mergermarket M&A league tables for Austria in terms of total deal count for the 10th year in a row. The firm was also again top ranked in the league tables for qualifying transactions in CEE, rising to second place in terms of deal count in 2022.
Serbia: Schoenherr advises MaxBet on agreement to acquire El Dorado Slot Clubs in Serbia
Moravčević Vojnović and partners in cooperation with Schoenherr advised MaxBet (Serbia) on reaching an agreement with BARGAME AD, a member of the CT GAMING group (Bulgaria), to acquire its entire ownership stake in El Dorado Slot Clubs in Serbia.
Austria/Hungary: Schoenherr advises Harps Global (Singapore) on acquisition of Semperit's medical division
Schoenherr advised Singapore-based Harps Global PTE. LTD on the acquisition of the medical business division (Sempermed) from Austrian Semperit Group for an enterprise value of EUR 115m.
Romania: Schoenherr advises Enery on acquisition of Jade Power Trust's renewable energy assets in Romania and on attracting bank financing
Schoenherr advised Enery on the acquisition of a Romanian renewable energy multi-technology (wind, solar and hydropower) portfolio with 81 MWP of installed capacity from Jade Power Trust, and on the related financing. With this deal Enery, which has been developing solar greenfield assets in Romania for three years, enters the local green electricity production market as a major player.
07 December 2022
Romania: Schoenherr advises MET Group on first investment in Romanian renewable energy market
Schoenherr advised MET Group on the acquisition of a solar photovoltaic ("PV") project under development in Southern Romania. The project has a planned installed capacity of 52 MWp and is expected to reach ready-to-build status by the first quarter of 2023.
Austria/Romania: Schoenherr advises CA Immo on sale of Romanian platform
Schoenherr advised Vienna-based property company CA Immobilien Anlagen Aktiengesellschaft ("CA Immo") on the sale of its Romanian portfolio to Romanian investment entity Paval Holding.
Serbia: Schoenherr advises Integral on acquisition of controlling stake in Chips Way
Moravčević Vojnović and partners in cooperation with Schoenherr advised Integral Venture Partners (Integral) on all legal aspects of their acquisition of a controlling stake in Chips Way, a leading Serbian salty snacks manufacturer, alongside its co-investor and industrial partner Nelt Group.
Schoenherr advises BHM Group on acquisition of portfolio of 10 Polish retail parks
Schoenherr advised BHM Group, an important investment group on the Czech market, in connection with the acquisition of a portfolio of 10 Polish retail parks worth CZK 1bln. The goal of the newly established retail division is to acquire several dozen retail parks in Central Europe or the Balkans over the next two to three years.
Bulgaria: Schoenherr advises Oiltanking on divestment of liquid storage facility terminal in Bulgaria
Schoenherr advised Oiltanking GmbH ("Oiltanking") on the sale of a 91.1 % stake in a liquid storage terminal at the Black Sea in Devnya, Varna to Astra-Finance AD. The sale is subject to customary third-party approvals and completion is expected by the end of Q1 2023.
Romania: Schoenherr advises Eurobank on sale of Eliade Tower office building in Bucharest to One United Properties
Schoenherr Romania advised Eurobank S.A. Greece ("Eurobank") on the sale of an office building in Bucharest to One United Properties. The 10-floor Eliade Tower office building, located in the city's booming business area Floreasca, has an area of approx. 10,000 m2 and is currently 50 % leased.
Austria: Schoenherr advises Managers on issue of EUR 750m Mortgage Pfandbriefe by Erste Group
Schoenherr advised the Managers on the successful issue of EUR 750m 2.500 % Mortgage Pfandbriefe (Hypothekenpfandbriefe) due 2030 by Erste Group Bank AG.
Austria/Serbia: Schoenherr advises Greiner Packaging on acquisition of ALWAG
Schoenherr in cooperation with Moravčević Vojnović and partners advised Greiner Packaging International GmbH (Greiner) on all legal aspects of its 100 % acquisition of Serbian PET flake producer ALWAG DOO NOVA GAJDOBRA from ALING-CONEL d.o.o. Gajdobra (Serbia) and REIWAG Facility Services GmbH (Austria).
Austria: Schoenherr advises NORD Holding on acquisition of majority stake in Heizkurier Group
Schoenherr advised NORD Holding, together with Noerr, on the acquisition of a majority stake in the Heizkurier Group from Odewald KMU (Heizkurier).
Bulgaria/Poland: Schoenherr advises Alfa Laval on acquisition of Scanjet in Polish and Bulgarian law
Schoenherr advised the Swedish sustainable solutions provider Alfa Laval Corporate AB ("Alfa Laval") on the acquisition of Scanjet Systems AB ("Scanjet"), a global supplier of equipment for marine, offshore and industrial applications.
Austria: Schoenherr advises logistics company Ancla Logistik on merger with Logsta
Schoenherr advised German logistics company Ancla Logistik GmbH (Ancla) on its merger with Austrian logistics scale-up Logsta GmbH (Logsta) and the simultaneous conversion of existing revenue based venture debt provided by Round2 Capital to Logsta.
Bulgaria: Schoenherr advises KKCG and Aricoma Group International on acquisition of Musala Soft
Schoenherr advised the KKCG Group (KKCG) and its portfolio company Aricoma Group International AB (Aricoma) on the acquisition of Musala Soft, a major Bulgarian software company, and its subsidiaries.
11 August 2022
CEE team led by C. Moser
Austria/CEE: Schoenherr advises on the sale of significant parts of Kontron Group’s IT services business in eleven countries for EUR 400m
Schoenherr advised stock exchange listed technology group Kontron AG (formerly S&T AG) on the sale of significant parts of Kontron Group’s IT services business to VINCI Energies S.A. in the course of a competitive auction process for a purchase price of approx. EUR 400m.
Austria: Schoenherr advises Red Bull on joint venture with Marcel Hirscher and Dominic Tritscher (VAN DEER-Red Bull Sports) and on acquisition of Augment Ski GmbH
Schoenherr advised Red Bull GmbH on the establishment of a joint venture with the founding shareholders of VAN DEER-Red Bull Sports Equipment GmbH, Marcel Hirscher and Dominic Tritscher, and on the subsequent acquisition of Augment Ski GmbH by VAN DEER-Red Bull Sports Equipment GmbH.
Schönherr berät ARA bei Kooperation für Errichtung einer Sortieranlage mit Der Grüne Punkt und Bernegger zur Erreichung der EU-Recyclingziele
Schönherr hat die Altstoff Recycling Austria AG (ARA) bei der Verhandlung und dem Abschluss eines Kooperationsvertrags für die Errichtung einer neuen leistungsstarken Hightech-Sortieranlage in Oberösterreich mit DSD - Duales System Deutschland (Der Grüne Punkt) und Bernegger GmbH beraten.
Austria: Schoenherr advises ARA on cooperation agreement for construction of sorting plant with Der Grüne Punkt and Bernegger GmbH
Schoenherr advised Altstoff Recycling Austria AG (ARA) on the negotiation and conclusion of a cooperation agreement for the construction of a new high-performance high-tech sorting plant in Upper Austria with DSD - Duales System Deutschland (Der Grüne Punkt) and Bernegger GmbH.
Croatia: Schoenherr advises NEXI on signing agreement with Intesa Sanpaolo regarding merchant acquiring business in Croatia
Schoenherr advised NEXI S.p.A. ("NEXI") on reaching an agreement with Privredna banka Zagreb d.d. ("PBZ Bank") and PBZ Card d.o.o. ("PBZ Card"), a Croatian company indirectly controlled by Intesa Sanpaolo S.p.A., to purchase PBZ Card’s merchant acquiring business in the Croatian market, for a consideration of EUR 180m.
30 June 2022
Austria: Schoenherr advises Caverion on acquisition of PORREAL Group
Schoenherr advised Caverion Österreich GmbH on acquiring all shares in PORREAL GmbH in Austria, also including its subsidiary ALEA GmbH (together "PORREAL Group").
Czech Republic: Schoenherr advises Ondřej Zíta on sale of OptimNet Solutions and OptimNet Solutions SK to Hellman Worldwide Logistics group
Schoenherr advised Ondřej Zíta on the sale of OptimNet Solutions s.r.o. and OptimNet Solutions SK s.r.o., a freight forwarding business operating the largest night-time distribution network in the Czech and Slovak Republics, to the Hellman Worldwide Logistics group, one of the largest international logistics providers.
Austria: Schoenherr awarded 2022 Austrian Impact Case of the Year by Managing IP
Schoenherr received the prestigious "2022 Austrian Impact Case of the Year" award from Managing IP, an international IP law magazine, for the successful representation of an Austrian wine cask crafter in groundbreaking Austrian Supreme Court proceedings.
13 June 2022
Croatia: Schoenherr advises Wienerberger on signing agreement to acquire Vargon d.o.o in Croatia
Schoenherr advised Wienerberger on reaching an agreement to acquire Vargon d.o.o, a leading provider of piping solutions in Croatia.
Austria: Schoenherr advises technology service provider ARZ in Austria on acquisition by Accenture
Schoenherr advised ARZ Allgemeines Rechenzentrum GmbH (ARZ), a technology service provider focused on the banking sector in Austria, on its acquisition by Accenture.
Österreich: Schönherr berät Technologiedienstleister ARZ bei Übernahme durch Accenture
Schönherr hat die ARZ Allgemeines Rechenzentrum GmbH (ARZ), einen auf den Bankensektor fokussierten Technologiedienstleister in Österreich, beim Verkauf ihres auf informationstechnologische Unterstützungsleistungen von Kredit- und Finanzinstituten spezialisierten IT-Dienstleistungsunternehmens an Accenture beraten.
Romania: Schoenherr advises Samsung C&T Corporation on sale of 45 MW solar PV park to GreenVolt
Schoenherr Romania advised Samsung C&T Corporation on the sale of its participation in LJG Green Source Energy Alpha, a solar photovoltaic ("PV") project with an installed capacity of 45 MW, located in Giurgiu county. The solar PV park was sold to Greenvolt – Energias Renováveis ("GreenVolt") through its subsidiaries V-Ridium Solar 45 and V-Ridium Renewables.
Austria: Schoenherr advises MedAustron in EIA milestone of fourth treatment room at centre for ion therapy and research and receiving operating permit
Schoenherr advised the Austrian cancer treatment and research centre MedAustron in the environmental impact assessment for the commissioning of a fourth treatment room.
Austria: Schoenherr advises Storyblok on USD 47m Series B financing
Schoenherr advised the Austrian scale-up Storyblok on its Series B financing worth USD 47m, one of several major transactions in the Austrian start-up scene on which Schoenherr has advised in the recent past.
Austria: Schoenherr advises HS Timber Group and Blue Minds on the sale of Interfloat to Borosil Renewables, Limited, India
Schoenherr advised Austrian HS Timber Group and Blue Minds on the sale of Interfloat Corporation and GMB Glasmanufaktur Brandenburg GmbH to Borosil Renewables Ltd, listed on the Indian Stock Exchange.
Austria: Schoenherr advises S&T AG on voluntary partial public takeover offer
Schoenherr advised S&T AG, an Austrian company listed on the Frankfurt Stock Exchange, in connection with the voluntary partial public takeover offer by grosso tec AG (Germany) on issues of Austrian law. Hogan Lovells advised S&T AG on German law issues.
Bulgaria: Schoenherr advises Bulstrad Life on brokerage, outsourcing and reinsurance agreements with GBG and AXA France Vie
Schoenherr advised Bulstrad Life Vienna Insurance Group ("Bulstrad Life"), one of the largest life insurers in Bulgaria, on the brokerage and outsourcing agreements with GBG and the reinsurance agreement with AXA France Vie.
12 April 2022
Austria: Schoenherr advises Vermehrt Group on sale of former TLAPA building
Schoenherr advised Vermehrt Group on its sale of the former TLAPA department store to LLB Semper Real Estate, as well as on a long-term lease agreement with the serviced apartments operator limehome for the building, which is currently under reconstruction.
Austria: Schoenherr wins Austrian Deal of the Year Award from CEE Legal Matters
Schoenherr has won the Austrian Deal of the Year Award at this year's CEE Deal of the Year Awards Gala hosted by the regional legal industry journal CEE Legal Matters in London.
Bulgaria: Schoenherr advises BlackPeak Capital on equity investment in courier and fulfilment provider EUShipments.com
Schoenherr advised BlackPeak Capital in relation to their equity investment of up to EUR 7.5m in EUShipments.com, a courier and fulfilment provider with operations in the EU and the UK and the holding company of InOut Trade.
Austria: Schoenherr advises IMMOFINANZ supervisory board in bidding contest between CPI Property Group and S IMMO
Schoenherr advised the supervisory board of Austrian IMMOFINANZ AG in connection with the two competing takeover bids by CPI Property Group SA and S IMMO AG.
Bulgaria: Schoenherr advises Queisser Pharma on acquisition of new office space in Sofia
Schoenherr advised Queisser Pharma Bulgaria on the asset deal acquisition of its new office space in Sofia from real estate developer Tremont. This acquisition marks one of the first office space asset deals in Bulgaria since the start of the COVID-19 pandemic.
08 February 2022
Austria: Schoenherr advises Herba Chemosan board on management buy-out
Schoenherr has advised the board of the Austrian pharmaceutical wholesaler Herba Chemosan Apotheker-AG (Herba Chemosan) on the recent management buy-out (MBO).
Bulgaria: Schoenherr advises RGREEN INVEST on unique EUR 15m green bond to finance photovoltaic plant in Bulgaria
Schoenherr advised RGreen Invest, a French management company representing a fund for green energy projects, on a EUR 15m bond to finance the construction of a photovoltaic plant near the town of Razlog in southwestern Bulgaria, as well as on a standard security package for it. The bond's issuer is a member of the Renalfa group, a leading Bulgarian clean energy and e-mobility provider with a focus on renewable energy generation assets.
03 February 2022
Bulgaria: Schoenherr advises Chaos on Bulgarian law aspects in merger with Enscape
Schoenherr advised Chaos, a global leader in photorealistic rendering technology, on the Bulgarian law aspects of its merger with Enscape, a leading developer of real-time rendering and design workflow technology for the Architecture, Engineering and Construction (AEC) industries.
01 February 2022
Schoenherr strengthens Austrian team with four additional counsel promotions
Schoenherr recently announced the promotion of three equity partners and two contract partners effective 1 February 2022. This round of promotions has now been extended to include four new counsels: Sara Khalil, Iliyana Sirakova, Marco Thorbauer and Bojana Vareskic.
Austria: Schoenherr advises consortium of six banks led by Raiffeisen Bank International AG on EUR 125m financing for Austrian lighting group Zumtobel
Schoenherr advised a consortium of six banks, led by Raiffeisen Bank International AG, regarding a EUR 125m credit facility for the Austrian lighting group Zumtobel.
Austria/CEE: Schoenherr recognised as leading Austrian M&A Legal Advisor for 2021 by Mergermarket
Schoenherr has, yet again, been named top M&A legal advisor in the Austrian market by Mergermarket. For over a decade, Schoenherr has been leading the Austrian Mergermarket M&A league tables.
Austria: Schoenherr advises e-mobility start-up Easelink on EUR 8.3m financing round (Series A)
Schoenherr advised the Austrian high-tech company Easelink, a provider of automated electric vehicle charging solutions, on its EUR 8.3m Series A financing round.
Austria: Schoenherr advises Austrian unicorn Bitpanda on expansion of its product portfolio to include exchange traded cryptocurrencies
Schoenherr advised the Austrian fintech Bitpanda on the expansion of its product portfolio to include exchange traded cryptocurrencies. This product provides investors with easy access to crypto assets via a liquid financial instrument traded on a regulated exchange.
Croatia: Schoenherr advises Mirova and RP Global on sale and refinancing of onshore wind farms in Croatia
Schoenherr advised Mirova and RP Global on the sale of two onshore wind farms in Dalmatia, Danilo (44MW) and Rudine (34MW), to Professio Energia d.d. (DLPR, Zagreb Stock Exchange).
Austria: Schoenherr advises Managers on issue of EUR 1.5bln Mortgage Pfandbriefe by Erste Group
Schoenherr advised the Managers on the successful issue of EUR 750m 0.01 % Mortgage Pfandbriefe due 2028 (AT0000A2UXM1) and EUR 750m 0.50 % Mortgage Pfandbriefe due 2037 (AT0000A2UXN9) by Erste Group Bank AG.
Austria: Schoenherr wins "Law Firm of the Year: Austria" award from The Lawyer
Schoenherr was recognised as "Law Firm of the Year: Austria" for 2021 by the renowned legal publisher The Lawyer. The winners were announced in the digital awards ceremony held on 1 December.
02 December 2021
Austria: Schoenherr advises Sanofi on acquisition of Origimm Biotechnology GmbH
Schoenherr advised Sanofi, a global leader in healthcare, on the acquisition of 100 % of the shares in Origimm Biotechnology GmbH, a private Austrian biotechnology company.
04 November 2021
Austria/CEE: Schoenherr to strengthen leadership across Austria and CEE by appointing new equity and contract partners
Schoenherr will substantially strengthen its leadership by appointing new equity and contract partners across Austria and CEE effective 1 February 2022.
Austria: Schoenherr advises Nice & Green S.A. on innovative convertible notes funding programme with Marinomed Biotech AG
Schoenherr advised Swiss investment firm Nice & Green S.A. on an innovative convertible notes funding programme (CNFP) with Vienna Stock Exchange listed Marinomed Biotech AG.
Poland: Schoenherr brings in Katarzyna Sulimierska as new head of local real estate practice
Schoenherr is strengthening its real estate practice in Poland and the region by welcoming Katarzyna Sulimierska as new partner and head of real estate in Warsaw as of 11 October 2021.
Austria: Schoenherr advises Joint Lead Managers on issue of EUR 250m covered bank bonds by Kommunalkredit Austria AG
Schoenherr advised the Joint Lead Managers on the successful issue of EUR 250m 0.01 % covered bank bonds due 2028 by Kommunalkredit Austria AG.
24 September 2021
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.
Austria: Schoenherr advises Wienerberger AG on the successful placement of 2.5 million treasury shares through accelerated bookbuilding
Schoenherr advised Vienna Stock Exchange listed Wienerberger AG, a leading international supplier of building materials and infrastructure solutions, on the EUR 81.25m placement of treasury shares with institutional investors.
Austria: Schoenherr advises on the sale of the oral hygiene start-up Playbrush to the Sunstar Group
Schoenherr advised the shareholders of the Austrian oral hygiene start-up Playbrush on the sale of the majority shares to the international health care company Sunstar Group.
30 July 2021
Austria: Schoenherr advises Cerba HealthCare on acquisition of Lifebrain from Investindustrial
Schoenherr advised French diagnostic centre group Cerba HealthCare on the acquisition of the Lifebrain Group from Investindustrial. Lifebrain owns and operates diagnostic laboratory centres throughout Italy and in Austria. The signing of the transaction took place on 18 July 2021 and closing is subject to regulatory clearances expected in Q4 2021.
Austria: Schoenherr's Venture Capital team advises on multi-million venture capital deals in HY 1
Schoenherr's Venture Capital team advised on a significant number of multi-million Euro financing rounds in the first six months of 2021, in what is expected to be a record year for venture capital in Austria.
Austria: Schoenherr advises Joint Lead Managers on issue of EUR 250m green mortgage covered bonds by Oberbank AG
Schoenherr advised the Joint Lead Managers Crédit Agricole Corporate and Investment Bank, DekaBank, Erste Group and Raiffeisen Bank International on the successful green mortgage covered bank bond issue by Oberbank AG.
Bulgaria: Schoenherr advises Ringier on the acquisition of Sportal Media Group and Digital Ventures
Schoenherr advised Swiss-based media company Ringier on the acquisition of a majority stake in the leading Bulgarian sports news portal – Sportal Media Group – and an affiliated IT company behind the leading international Sports Content Management System, Sportal365 – Digital Ventures OOD.
Austria: Schoenherr advises on the sale of Czipin Produktivitätssteigerungs-GmbH to ROI-EFESO
Schoenherr advised Czipin Privatstiftung and Alois Czipin on the sale of all shares (100 %) in Czipin Produktivitätssteigerungs-GmbH (CZIPIN) to EFESO Consulting France SAS. CZIPIN will thus become a part of the global consulting specialist ROI-EFESO. The signing took place on 24 June. The closing of the transaction is subject to merger control clearance.
Romania: Schoenherr advises ENGIE Romania on the acquisition of an operational PV park
Schoenherr Romania advised ENGIE Romania ("ENGIE") on the acquisition of a fully operational photovoltaic ("PV") project with an installed capacity of 5.46 megawatt (MW), located in Teleorman county, Romania from two German investors.
Austria: Schoenherr advises managers on issue of EUR 300m Ordinary Senior Eligible Notes by Kommunalkredit Austria AG
Schoenherr advised the Joint Lead Managers and the Co-Lead Manager on the successful issue of EUR 300m 0.25 % Ordinary Senior Eligible (fixed rate) Notes due 2024 by Kommunalkredit Austria AG.
Romania: Schoenherr advises Risen Energy Solar Project GmbH on the sale of 20 MW PV park to Alternus Energy Group plc.
Schoenherr Romania advised Risen Energy Solar Project GmbH on the sale of a photovoltaic ("PV") project with an installed capacity of 20 MW, located in Giurgiu county, Romania to Alternus Energy Group plc.
Austria: Schoenherr advises BASF on transaction with Novartis/Sandoz at major industrial site in Kundl, Tyrol
Schoenherr advised BASF SE (BASF) on a major investment project at the Kundl/Schaftenau Campus in Tyrol, Austria. On 26 April 2021, BASF entered into an agreement with Sandoz GmbH, a subsidiary of the Novartis Group, which is already operating various biotech production facilities in Kundl and Schaftenau.
Austria: Schoenherr and Museum Francisco Carolinum clarify NFT Art
Schoenherr's IP & Technology practice group has set itself the goal of providing clarity on Non-Fungible Tokens (NFTs) in the art and culture industry. In collaboration with the Museum Francisco Carolinum Linz in Upper Austria, the questions preoccupying artists, collectors and museums will be addressed at one of the world's first art exhibitions on NFTs in art. An important milestone for this has already been reached: The museum recently acquired their first NFT artwork – a work of art by conceptual artist and Schoenherr partner Guido Kucsko, that was also used in a Schoenherr team's self-experiment.
Austria: Schoenherr 's IP practice takes two prestigious IP awards
Schoenherr's IP practice has been honoured in two categories at the Managing IP Awards 2021 which were announced at the virtual award ceremony on 30 March 2021.
Czech Republic: Schoenherr advises APS on refinancing of public bonds issue
Schoenherr advised APS, a leading group in non-performing loan portfolio servicing and NPL investment advisory activities in the CEE and SEE region, on the refinancing of the existing indebtedness under CZK 620m (approx. EUR 24m) public bonds traded on the Prague Stock Exchange, by way of a loan facility from UniCredit Bank Czech Republic and Slovakia, a.s.
Austria: Schoenherr advises Joint Lead Managers on the issue of EUR 300 million Mortgage Covered Notes by Raiffeisenlandesbank Vorarlberg
Schoenherr advised the Joint Lead Managers DekaBank, DZ BANK, Erste Group, Raiffeisen Bank International and UniCredit in connection with the successful issue of covered notes by Raiffeisenlandesbank Vorarlberg Waren- und Revisionsverband registrierte Genossenschaft mit beschränkter Haftung.
Romania: Schoenherr advises Agricover on EUR 40m corporate bonds issuance
Schoenherr Romania advised Agricover on the issuance of corporate bonds worth EUR 40m, which will be admitted to trading on the regulated market of the Bucharest Stock Exchange ("BSE"). This is the first time that the group has attracted financing on the BSE, and the largest corporate bonds issuance ever to run on the BSE.
Austria: Schoenherr advises Joint Bookrunner on the successful issue of EUR 100m convertible bonds by DO & CO Aktiengesellschaft
Schoenherr advised Jefferies (Sole Global Coordinator and Joint Bookrunner), Erste Group and Hauck & Aufhäuser (each as a Joint Bookrunner) as to Austrian law in connection with the successful, oversubscribed issue of convertible bonds by DO & CO Aktiengesellschaft ("DO & CO").
Austria: Schoenherr advises Joint Lead Managers on the issue of EUR 250 million Non-Preferred Senior Eligible Notes by Oberbank Aktiengesellschaft
Schoenherr successfully advised the Joint Lead Managers DZ BANK, Erste Group, Helaba, and Raiffeisen Bank International in connection with the successful issue of notes by Upper Austrian-based Oberbank Aktiengesellschaft.
13 January 2021
Austria/CEE: Schoenherr boosts leadership by promoting new equity partners, contract partners, local partners and counsels
Schoenherr is further strengthening its leadership by promoting new equity partners, contract partners, local partners and counsels across the firm as of 1 February 2021.
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.
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.
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.
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.
Austria: Schoenherr advises voestalpine on foundation of technology joint venture for production of TransAnt
Schoenherr successfully advised voestalpine Stahl GmbH on the establishment of a joint venture with the ÖBB Rail Cargo Group for the production of the TransAnt – an innovative platform car. The 50/50 joint venture which aims to further combine the activities of both companies to additionally enhance the jointly developed TransAnt platform car is now entering a preparatory phase.
Austria: Schoenherr advises Hypo Vorarlberg on EUR 330m synthetic securitisation to boost energy-efficient buildings
Schoenherr advised Hypo Vorarlberg on the synthetic securitisation of a EUR 330m portfolio of loans to small and medium-sized enterprises, corporate borrowers or certain private individuals. The transaction is designed to achieve regulatory capital relief under CRR (II) / CRD IV (V). The transaction builds upon a similar securitisation completed with Schoenherr's support at the end of 2017. It is a part of the European Investment Bank's response to support the Austrian economy following the COVID-19 pandemic.
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.
Schoenherr wins in multi hundred million pharma arbitration
Schoenherr's arbitration team led AOP Orphan Pharmaceuticals AG (Austria) to victory in a Frankfurt-seated arbitration against PharmaEssentia Corporation (Taiwan). The tribunal awarded AOP declaratory relief, damages, costs, and interest, and dismissed all counterclaims. This marks one of Schoenherr's largest victories in commercial arbitration to date.
Schoenherr advises OMV on merger control and FDI proceedings i.r.o. acquisition of additional 39 % stake in Borealis from Mubadala
Schoenherr advised OMV Aktiengesellschaft ("OMV") on multi-jurisdictional merger control and foreign direct investment proceedings following OMV's acquisition of an additional 39 % stake in Borealis AG from Mubadala Investment Company PJSC.
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.
Austria: Schoenherr advises Austrian start-up Carbomed on multi-million euro financing round
After Schoenherr recently advised the Austrian fintech company Bitpanda on the largest European Series A financing round in 2020, the firm successfully advised on another start-up financing: Under the leadership of partner Thomas Kulnigg, the Schoenherr team advised Carbomed Medical Solutions, an Austrian FemTech start-up, on a EUR 3m financing. The financing round was led by aws Gründerfonds.
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.
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.
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.
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.
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.
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.
Another promotion at Schoenherr: Matthias Pressler becomes Counsel
Matthias Pressler, member of Schoenherr's banking, finance and capital markets practice in Vienna, was promoted to counsel as of 1 October 2020. Pressler joined Schoenherr in 2015, and is an expert in financial services regulation, covering both transactional work as well as contentious and non-contentious regulatory advisory matters and administrative (criminal) proceedings.
Austria: Schoenherr advises Bitpanda on its USD 52 million Series A financing round
Schoenherr advised Austrian fintech Bitpanda, on the largest European Series A financing round in 2020 led by Valar Ventures, and including other fintech investors such as Speedinvest. The funding secures USD 52 million to further drive Bitpanda's expansion.
Romania: Schoenherr advises OMV Petrom on strategic partnership with Auchan to open 400 MyAuchan proximity stores in Petrom filling stations
Schoenherr Romania advised OMV Petrom on all legal matters regarding the extension of an existing partnership with Auchan Retail Romania, to open 400 MyAuchan proximity stores in Petrom filling stations over the next five years. Depending on the square meterage of the station, up to 2,500 products will be available on the shelves of MyAuchan proximity stores, allowing Petrom customers to do their grocery shopping while fuelling their cars.
Bulgaria: Schoenherr advised major multinational banks on a EUR 90m syndicated credit facility to leading Bulgarian agribusiness company Oliva
Schoenherr advised BNP PARIBAS (Suisse) S.A. ("BNP") as a facility agent and lender; Citibank NA, London Branch as a lender; and Black Sea Trade and Development Bank as a lender, on the Bulgarian legal aspects of a EUR 90m syndicated credit facility extended to Oliva AD ("Oliva") and Buildcom EOOD ("Buildcom"), as well as on the establishment of a Bulgarian security package for the facility.
Austria: Schoenherr gains transaction specialist Michael Magerl in expansion of its Linz office
Schoenherr continues to expand its presence in Upper Austria by bringing in Michael Magerl as Office Managing Partner for the office in Linz as of 1 September 2020. Magerl is a transaction specialist with many years of experience in the Upper Austrian market.
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.
Austria: Schoenherr further strengthens dispute resolution practice and promotes Victoria Pernt to counsel
Schoenherr has further strengthened its dispute resolution practice by promoting arbitration expert Victoria Pernt to counsel as of 1 August 2020. Pernt joined Schoenherr in 2015 and has a stellar track record in commercial and investment arbitrations.
Austria: Schoenherr advises Auer-Blaschke on the registration of the first ever pattern trademark in Austria
Schönherr hat die Auer-Blaschke GmbH & Co KG erfolgreich bei der Eintragung ihres neuen AUER Markendesigns als Mustermarke beim Österreichischen Patentamt beraten und vertreten.
Austria: Schoenherr advises UNIQA on successful placement of EUR 600m senior and EUR 200m tier 2 green notes
Schoenherr advised UNIQA Insurance Group AG, one of the leading insurance groups in Austria and CEE, on its EUR 800m in aggregate notes issuances that closed on 9 July 2020.
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.
Österreich: Schönherr erreicht für TIWAG finalen Durchbruch beim Vorhaben "Speicherkraftwerk Kühtai"
Schönherr hat für die TIWAG-Tiroler Wasserkraft AG ("TIWAG") die letzte rechtliche Hürde auf dem Weg zur Umsetzung des Vorhabens "Speicherkraftwerk Kühtai" genommen: Nachdem der Verfassungsgerichtshof (VfGH) bereits im September 2019 die Behandlung des Rechtsmittels einer Bürgerinitiative abgelehnt hat, wurden mit der nun zugestellten Entscheidung des Verwaltungsgerichtshofs (VwGH) auch die letzten Rechtsmittel von Projektgegnern gegen die Genehmigung dieses Vorhabens zurückgewiesen.
22 June 2020
Schönherr berät Union Investment beim Erwerb einer Grazer Wohnanlage
Schönherr hat die Union Investment Real Estate GmbH erfolgreich beim Erwerb einer projektierten Wohnanlage für immofonds 1 im Grazer Lendviertel beraten. Als Verkäufer und Entwickler des Neubauprojekts fungierte die IMMOLA-Gruppe.
Schoenherr advises European Commission on legislative options for upgrading European gas markets
Schoenherr (as leader of a consortium of European law firms) has conducted a comprehensive study on the regulatory and administrative requirements for entry and trade on the gas wholesale market in the EU for the European Commission, Directorate General Energy (DG ENER).
Österreich: Schönherr berät Invester United Benefits beim Verkauf des Wohnbauprojekts "Wohngarten" an ZBI Zentral Boden Immobilien Gruppe
Schönherr hat eine weitere Immobilien-Großtransaktion begleitet: Die Praxisgruppe Real Estate & Construction beriet Invester United Benefits beim Verkauf eines der aktuell größten Wohnbauprojekte in Wien.
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.
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
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.
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.
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.
12 February 2020
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.
Schoenherr advises UniCredit Bank Austria on the establishment of UniCredit's Social Impact Banking initiative in Austria
Schoenherr advised UniCredit Bank Austria on all legal aspects concerning the establishment of UniCredit Group's Social Impact Banking initiative in Austria.
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.
Austria: Lawyer vs. Robot: Is there a future without human lawyers?
On 10 December, experts from both legal practice and academia spent the evening at the "Lawyer vs. Robot: A lost cause?" event which is part of the event series TECHNOLOGYLEGAL, a collaboration between Professor Christian Piska from the University of Vienna, and Christian Schmelz, partner at Schoenherr Vienna.
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.
Fifth Schoenherr Construction Conference: Digitalisation brings more transparency to the construction industry
The Schoenherr Construction Conference took place for the fifth consecutive year on 29 November in Vienna. The conference was initiated in 2015 by the Schoenherr real estate & construction team.
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.
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.
Second Tech Night @ Schoenherr: Digital adaptability as a prerequisite for success
Am 21. November fand die zweite "Tech Night @ Schönherr" statt. Die von der Schönherr Technology & Digitalisation Gruppe ins Leben gerufene Eventreihe befasst sich mit rechtlichen Rahmenbedingungen und Herausforderungen im Kontext aktueller digitaler und technologischer Entwicklungen.
Schoenherr advises Black Toro Capital, the owner of the Spanish motorcycle manufacturer GasGas on a joint venture with KTM
Schoenherr, together with the Spanish law firm Pastor & M.Monche Abogados, have advised the owner of the Spanish motorcycle manufacturer GasGas, Black Toro Capital, on a joint venture with the Upper Austrian motorcycle specialist KTM Industries AG.
Schoenherr digitally founds LLC for the first time in Austria
Am 8. Oktober 2019 haben Schönherr Rechtsanwälte GmbH und die Notare MMag. Dr. Philipp Nierlich LL.M. und Dr. Christoph Pfaffenberger vom Notariat NHP - Notare Huppmann, Poindl, Pfaffenberger, Nierlich erstmals in Österreich eine GmbH auf digitalem Weg gegründet.
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.
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.
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.
Schoenherr advises Spanish manufacturer Torrot on delivery of electric scooters and related technology to ŠKODA AUTO DigiLab
Schoenherr Prague advised Spanish manufacturer Torrot Electric Europa, S.A. ("Torrot") on the delivery of complex technology solutions for scooter sharing (including also electric scooters, advanced IT technologies and IT services) to ŠKODA AUTO DigiLab s.r.o. ("ŠKODA AUTO DigiLab"), which will use them for its new e-scooter sharing service BeRider in Prague.
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.
13 August 2019
Austria: Schoenherr advises owners of Hotel Weismayr on a lease with Selina
Schoenherr advised the Tscherne family, owner of the famous Hotel Weismayr in Bad Gastein, Austria on the negotiation and conclusion of a 20-year lease with hospitality group Selina.
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.
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").
Czech Republic: Schoenherr advises BNP PARIBAS on EUR 345m SNOP Dunois S.A. acquisition financing
Schoenherr Czech Republic advised BNP PARIBAS ("BNPP") on the EUR 345m term and revolving facilities agreement for Financiere SNOP Dunois S.A. in relation to its acquisition of manufacturing facilities from Tower International, Inc. Schoenherr acted as local counsel to BNPP.
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
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.
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.
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.
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.
Third runway Vienna International Airport: Schoenherr succeeds at High Administrative Court, confirming the permit
Schoenherr has successfully advised Vienna International Airport (VIE) and the province of Lower Austria in the approval procedures for the construction of the third runway at Vienna International Airport.
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).
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).
Schoenherr registers first ever certification mark for Styria vitalis' "Grüner Teller"
Schoenherr advised the Styrian association Styria vitalis on the registration of its quality seal "Grüner Teller", Austria's first registered certification mark.
Schoenherr announces new firm-wide heads of banking, finance & capital markets and real estate practice groups
Schoenherr promotes Sebastian Gutiu (managing partner, Romania) and Matei Florea (partner, Romania) to new firm-wide heads for real estate, and banking, finance & capital markets, respectively.
Poland/CEE: Schoenherr boosts dispute resolution practice with arbitration and litigation heavyweights
Schoenherr is expanding its CEE wide dispute resolution practice by adding a team of three arbitration and litigation lawyers to its Warsaw office.
Romania: Schoenherr Bucharest wins two Client Choice Awards 2019
Schoenherr Bucharest received two Client Choice Awards from the International Law Office ("ILO") and Lexology. Georgiana Badescu (partner, Bucharest, competition) won the exclusive award for Romania in the competition & antitrust category, and Emeric Domokos-Hancu (partner, Bucharest, dispute resolution and insolvency & restructuring) was recognised as exclusive winner for Romania in the insolvency & restructuring category.
Austria: Schoenherr advises bsurance on its Series-A financing
Schoenherr has advised Austrian insurtech start-up bsurance on its Series-A financing round. The investment totals EUR 4 million and was provided by UNIQA Ventures GmbH and an additional investor.
Bulgaria: Schoenherr advises Woodside Energy on a farm-out agreement with Shell International
Schoenherr has advised Woodside Energy, Australia ("Woodside") on the farm-out agreement with Shell International Exploration and Development Italia S.p.A., concerning Block Khan Kubrat 1-14 in the Black Sea.
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").
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
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.
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.
13 December 2018
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.
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.
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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Austria: Schoenherr advises listed German Aves One AG on financing of NACCO/CIT acquisition
Schoenherr, acting as lead counsel for the financing, successfully advised Aves One AG ("Aves") on the financing of the acquisition of the NACCO/CIT Group.
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.
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.
Austria: Schoenherr advises listed German Aves One AG on a EUR 155 million senior facility refinancing
Schoenherr successfully advised Aves One AG ("Aves One") on its EUR 155m senior facility refinancing by entering into a new facility agreement with significantly improved commercial terms arranged by a consortium of leading German banks.
Austria: Schoenherr advises crowdinvesting company CONDA on first-ever digitalisation of shares via blockchain in Austria
Schoenherr and CONDA AG ("CONDA") have succeeded in digitalising the shares of the joint stock company and enabled registered shares to be managed via blockchain technology.
21 August 2018
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.
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.
Schönherr-Arbeitsrechtspraxis: "Paket zur Arbeitszeitflexibilisierung macht Gleitzeit unattraktiver"
"Unternehmen sollten sich jedenfalls überlegen, ob sie die Angebote der Arbeitszeitflexibilisierung in Erwägung ziehen. Es kann zu einer finanziellen Mehrbelastung führen.", so eröffnete Partner Stefan Kühteubl eine überaus gut besuchte Schönherr-Informationsveranstaltung zum neuen Arbeitszeitgesetz.
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").
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.
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").
With Schoenherr, Moldova averts lion's share of US investors' claims in ICSID arbitration
On 28 June 2018, an ICSID Tribunal composed of Prof Philippe Sands, QC (President), The Hon Yves Fortier CC, QC (Claimants' appointee), and Prof Dr Rolf Knieper (Moldova's appointee) dismissed the bulk of damages claimed by a group of US investors against the Republic of Moldova under the state's bilateral investment treaty with the USA.
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.
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)
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.
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.
Austria: Schoenherr boosts its insurance practice with industry expert Marguerita Sedrati-Müller
Schoenherr's insurance law practice group is bolstering its capabilities by welcoming attorney at law Marguerita Sedrati-Müller to the team starting April 2018.
Austria: Schoenherr advises German real estate investor on acquisition of residential properties in Vienna's third district
Schoenherr's real estate transaction team in Vienna has advised German property investor Art-Invest Real Estate ("Art-Invest") on the acquisition of 390 apartments, which will be part of "The Ensemble" development project in Vienna's coveted third district.
Austria: Schoenherr leads Vienna Airport to success in third runway proceedings: Federal Administrative Court gives green light
Schoenherr has secured a significant victory for the Vienna International Airport ("VIE") and the province of Lower Austria in the proceedings for the third runway at the airport.
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.
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.
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.
Austria: Schoenherr successfully steers KIKA/Leiner away from financial distress
Schoenherr has supported the Austrian furniture retail group KIKA/Leiner to stabilise in the face of looming liquidity problems stemming from a crisis at shareholder level.
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.
Schönherr berät SALESIANER MIETTEX beim Erwerb der insolventen Wozabal-Gruppe
Schönherr hat die SALESIANER MIETTEX GmbH ("SALESIANER MIETTEX") beim Erwerb der insolventen oberösterreichischen Wozabal-Unternehmensgruppe, sowie bei der Akquisitionsfinanzierung beraten.
Schönherr berät B&C bei Gewährung einer Hybridkapital-Linie an Semperit AG Holding
Schönherr hat die B&C Holding GmbH ("B&C") bei der Gewährung einer Hybridkapital-Linie an die börsenotierte Semperit AG Holding ("Semperit") von bis zu EUR 150 Mio beraten.
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.
Schoenherr advises Deutsche Private Equity on acquisition of Euro-Druckservice
Schoenherr advised Deutsche Private Equity Management III ("DPE") on its acquisition of leaflet printing business Euro-Druckservice ("EDS") from a consortium of three company shareholders.
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.
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.
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.
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.
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.
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.
Austria/CEE: Schoenherr supports weXelerate and innovators in the region
Schoenherr has partnered with weXelerate, the largest start-up & innovation hub in Central Europe, as an active supporter and channel partner. On Monday 26 September the weXelerate on-boarding week begins for 55 promising international start-ups that will start developing their ideas in the innovation centre of the Nouvel Tower in Vienna.
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.
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").
11 September 2017
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.
Austria: Schoenherr advises Deka Immobilien on acquisition of two office buildings in Vienna
Schoenherr advised real estate investment company Deka Immobilien on the acquisition of two office buildings in Vienna, "Hoch Zwei" and "Plus Zwei", from S IMMO AG. The purchase price was EUR 235m and closing took place today, 31 August 2017.
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.
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.
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.
Österreich: Schönherr erreicht für TIWAG entscheidenden Etappensieg bei Umsetzung des Bauvorhabens "Speicherkraftwerk Kühtai"
Schönherr hat für die TIWAG-Tiroler Wasserkraft AG ("TIWAG") einen wichtigen Erfolg auf dem Weg zur Umsetzung des Vorhabens "Speicherkraftwerk Kühtai" erreicht: Das Bundesverwaltungsgericht ("BVwG") hat das Vorhaben unter Vorschreibung zusätzlicher Maßnahmen rechtskräftig genehmigt.
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.
Österreich: Schönherr berät EVN bei Verkauf ihrer Pensionskasse an VBV-Gruppe
Schönherr hat die börsennotierte EVN AG ("EVN") beim Verkauf ihrer betrieblichen Pensionskasse, der EVN Pensionskasse AG ("EVN Pensionskasse"), an die VBV-Betriebliche Altersvorsorge AG ("VBV") beraten.
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.
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.
07 July 2017
Schoenherr advises Telekom Slovenije on settlement with IZI mobil
Schoenherr has advised TELEKOM SLOVENIJE, d.d. ("Telekom Slovenije") on the settlement of its contractual ties with IZI mobil d.d. ("IZI mobil"). Schoenherr provided due diligence work, transaction support and competition law advice.
Schoenherr leads Vienna Airport to victory in hearing about third runway: Constitutional Court repeals Federal Administrative Court decision
Schoenherr has achieved an important victory on behalf of Vienna International Airport ("VIE") and the province of Lower Austria in the case regarding the construction of a third runway at the airport.
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.
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.
Austria: Schoenherr advises Erste Group on Frauscher Sensortechnik leveraged buyout financing
Schoenherr has advised Erste Group Bank AG ("Erste Group"), one of the leading financial service providers in Central and Eastern Europe, on the financing of the leveraged buyout of Austrian sensor technology manufacturer Frauscher Sensortechnik GmbH ("Frauscher Sensortechnik") by New York-based Greenbriar Equity Group LLC ("Greenbriar").
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.
Austria: Schoenherr advises on first Austrian Equity Capital Markets transaction in 2017
Schoenherr has advised publicly traded, global sugar, starch and fruit processor AGRANA Beteiligungsverwaltungs-Aktiengesellschaft ("AGRANA") as issuer on its successful rights offering of 1,420,204 new shares, combined with a secondary offering of 500,000 existing AGRANA shares held by Südzucker AG, one of AGRANA's core shareholders.
This is the first equity capital market ("ECM") transaction in the Austrian market in 2017, and the first deal of its kind in Austria following the entry into force of the European Market Abuse Regulation. The transaction had an overall deal volume of approximately EUR 192m.