Vienna, 09. October 2023 – Wolf Theiss is providing legal advice to Ballingslöv International in connection with the acquisition of 100 % of the shares of family-owned Dan-Küchen Möbelfabrik M. Danzer Gesellschaft m.b.H (“DANKÜCHEN”) by a subsidiary of Ballingslöv International. Completion of the transaction is subject to merger control clearance. The parties have agreed to keep other terms and conditions of the transaction confidential.
DANKÜCHEN is one of the leading kitchen manufacturers in Austria. Last year, the family-owned company generated sales of approximately EUR 120 million with around 450 employees.
Ballingslöv International is a major kitchen furniture manufacturer in Europe with brands such as Ballingslöv, Kvik, JKE Design, Drømmekjøkkenet, Multiform, Paula Rosa Manhattan and the worktop manufacturer DFI-Geisler, currently employing around 1,300 people and generating sales of approximately EUR 480 million in the last financial year. Ballingslöv International is part of the family-owned Stena Group, which had a turnover of around EUR 5 billion in 2022 and employs around 17,000 people.
The Wolf Theiss team advising Ballingslöv International is co-led by Florian Kusznier (Partner and Co-Head Corporate/M&A) and Martina Edlinger (Senior Associate, Corporate/M&A) and further includes Christopher Juenger (Senior Associate), Carolina Brunnmayr (Associate), Klemens Kendler (Associate), Nikolaus Wollner (Associate, all Corporate/M&A), Stefan Wartinger (Partner), Sophie Weber (Associate, both Competition Law), Paulina Pomorski (Counsel), Pascal Gstöttner (Associate, both Intellectual Property/IT), Ralf Peschek (Partner), Anna Schwamberger (Senior Associate), Julia Hoser (Associate, all Employment), Stefan Horn (Counsel), Dominik Mayrhofer (Associate), Julia Moser (Associate, all Real Estate) and Georg Knafl (Senior Associate, Public Law).
The sellers are advised by BINDER GRÖSSWANG Rechtsanwälte GmbH (Lead Dr. Michael Kutschera, Dr. Philipp Kapl).
Download PDF in English
Download PDF in German
Wolf Theiss advises Ballingslöv International on the acquisition of DANKÜCHEN
Vienna, 09. October 2023 – Wolf Theiss is providing legal advice to Ballingslöv International in connection with the acquisition of 100 % of the shares of family-owned Dan-Küchen Möbelfabrik M. Danzer Gesellschaft m.b.H (“DANKÜCHEN”) by a subsidiary of Ballingslöv International. Completion of the transaction is subject to merger control clearance. The parties have agreed to […]...
Wolf Theiss Energy Summit in Bucharest
Our Wolf Theiss event Romania’s Move towards a Decarbonized Future will bring together important players in the domestic energy power generation market. We cordially invite you to the Wolf Theiss Energy Summit and look forward to seeing you on Wednesday, 25 October 2023. The event will begin at 14:30 and will focus on the hot […]...
Wolf Theiss advised on the issue of bonds by the Federal State of Lower Austria
Vienna, 05. October 2023 – Wolf Theiss advised Erste Group Bank AG, HYPO-BANK BURGENLAND Aktiengesellschaft, HYPO NOE Landesbank für Niederösterreich and Wien AG, Raiffeisen Bank International AG and UniCredit Bank AG as Joint Lead Managers of the issue of EUR 500,000,000 3.625 per cent Bearer Bonds 2023-2033 (AT0000A377E6). The Federal State of Lower Austria (Land Niederösterreich) successfully closed […]...
Wolf Theiss advises bank syndicate on Wienerberger’s debut Sustainability-Linked Bonds
Vienna, 05. October 2023 – Wolf Theiss advised Commerzbank Aktiengesellschaft, Danske Bank A/S, Erste Group Bank AG and UniCredit Bank AG as Joint Lead Managers and Bookrunners on the subscription and placement of the inaugural issue of EUR 350,000,000 4.875 per cent Sustainability-Linked Bonds 2023-2028 by Wienerberger AG (with closing on 4 October), which were placed […]...
Can housing be affordable?
Inflation and high interest rates have increased the pressure on residential developers and investors to create product that’s profitable (for them) and affordable (for clients). Prague’s future depends on their success. The hurdles to more affordable housing in Prague include a well-documented cocktail of chronic undersupply, overly-bureaucratic planning, and a poorly appreciated demographic explosion. The […]...
2023 Romanian Chapter Update: WT Guide for RES Electricity in CEE & SEE
Since 2020, the ambitious targets adopted by the EU Member States for 2030 have proven to be a significant catalyst for the development of renewable energy projects in Central, Eastern and Southeastern Europe (CEE/SEE). Meanwhile, the ongoing conflict in Ukraine emphasizes the increased urgency and need for energy security for all European nations as they […]...
Wolf Theiss advises DTEK Renewables International on the acquisition of a 60MW wind energy project in Romania
Bucharest, 2 October 2023 – DTEK Renewables International, a growing investor and operator in the renewable energy sector in Romania and the EU, has acquired a 60MW installed capacity wind power plant located in Ruginoasa village, Iaşi county, with legal assistance from Wolf Theiss. This wind farm project was acquired from local entrepreneurs that are […]...
Merger Control 2024 – Getting The Deal Through – Lexology
A thorough look at what you need to know in terms of legal details and market trends for each country Our lawyers have leveraged their local expertise to provide you with detailed insight into legislation, including scope, thresholds, triggers and approvals, notification and clearance timetables, substantive assessment, remedies and ancillary restraints, involvement of other parties […]...
Updated EBA report on monitoring Additional Tier 1, Tier 2 and TLAC/MREL eligible liabilities instruments
On 21 July 2023, the European Banking Authority (“EBA”) published its “EBA Report on the monitoring of Additional Tier 1 (AT1), Tier 2 and TLAC/MREL eligible liabilities instruments of European Union (EU) institutions – Update” (EBA/Rep/2023/23) (the “EBA Report”). The EBA Report merges and updates the content of the two previous separate reports of the […]...
Wolf Theiss advises LongWing Energy Group on the sale of a wind farm in the Warmian-Masurian Voivodeship with a capacity of nearly 25 MW to PGE Group
Warsaw, 27 September 2023 – LongWing Energy Group relied on the legal expertise of Wolf Theiss in the sale of Zalesie Wind Farm to PGE Energia Odnawialna, a subsidiary of the PGE Group. The Wolf Theiss team advised LongWing Energy Group on the transaction with PGE Energia Odnawialna, which is currently the largest producer of […]...
Beyond VLOPs and Gatekeepers: Countdown to the full application of the EU Digital Services Act (DSA)
The Digital Services Act (DSA) is set to overhaul and expand the EU’s regulatory framework for online intermediary services. While very large online platforms and search engines (VLOPS / VLOSES), such as Amazon Store, Facebook or Google Search, have been subject to the new rules since August 2023, the DSA will become fully applicable for […]...
Wolf Theiss at the IBA Annual Conference 2023 in Paris
In 2023, the city of lights beckons us! While Paris is renowned for its iconic landmarks, it stands equally strong as a forward-thinking business nucleus. This makes it a perfect backdrop for the IBA Annual Conference. Our team is eagerly anticipating connecting with peers and colleagues from across the globe in this historic city. Wolf […]...