HAKI acquires EKRO Bausystem with legal assistance from Wolf Theiss

Vienna, 2 November 2022 – Wolf Theiss advised Swedish-listed conglomerate Midway Holding on the acquisition of Austrian construction supplier EKRO Bausystem through Midway’s wholly-owned subsidiary, HAKI.

Transaction/M&A Counsel Zeno Grabmayr together with a multidisciplinary team of Wolf Theiss lawyers advised Midway Holding on all relevant legal aspects of the transaction.

The Wolf Theiss team included Partners Andrea Gritsch (Transaction/M&A), Matthias Unterrieder (Employment), Birgit Kraml (Real Estate), Roland Marko (Data Protection/IP & TMT), Robert Wagner (Competition/Anti-Trust), Senior Associates Harald Strahberger (Regulatory & Procurement), Marion Schimböck (Real Estate) as well as Associates Angela Liu (Banking & Finance), Pascal Gstöttner (IP & TMT) and Miranda Ellison (Competition/Anti-Trust).

The acquisition of EKRO Bausystem by Midway Holding became effective on 4 October 2022 and complements Midway Holding’s “Safe Access Solutions” business area, enabling a geographic expansion in the German-speaking – primarily Austrian – market.

“We see good synergies on the cost side, primarily through opportunities for a common supply chain with other operations in the Safe Access Solutions business area. It is with great pleasure that we welcome the employees of EKRO Bausystem into the HAKI family.”

Sverker Lindberg, Midway Holding’s President and CEO

“The acquisition of EKRO Bausystem by Midway Holding showcases our wide-ranging know-how as a full-service law firm and underpins our leading position when it comes to tapping into the markets of Central and Eastern Europe. We are very pleased to have assisted Midway Holding and are thankful for the excellent cooperation of all parties in this transaction”.

Zeno Grabmayr, Wolf Theiss Transaction/M&A Counsel, Vienna