Press Releases

Budapest, 8 August 2024 – Wolf Theiss acted as legal advisor to 4iG Group, the leading telecommunications and IT group in Hungary and the Western Balkans, regarding their acquisition of a 100% stake in PR-Telecom Távközlési Zrt., a regional fixed line telecommunication operator based in Hungary and the acquisition of the Hungarian satellite customer base […]...

Vienna, Prague, Budapest, 7 August 2024 – Wolf Theiss advises American Industrial Partners (AIP), a global industrials investor, on all Austrian, Czech and Hungarian legal and regulatory aspects in relation to its definitive agreement with AGCO Corporation (NYSE: AGCO) for the USD 700 million acquisition of AGCO’s Grain & Protein business, a large precision agriculture technology […]...

Warsaw, 22 July 2024 – Wolf Theiss advised the principal shareholder of ARA Cursus, a developer and operator of anaerobic digestion plants based in Poland, on the formation of a tri-partite joint venture with SUEZ and Eiffel Investment Group Following the transaction, SUEZ will hold a 51 % controlling stake in ARA Cursus (ARA), Eiffel […]...

Bucharest, 18 July 2024 – Wolf Theiss acted as legal advisor to Promontoria Holding 252 B.V., a joint venture between funds managed by Cerberus Capital Management and Revetas Capital, in relation to the sale of Landmark, a 23,700 GLA premium office complex located in Bucharest’s Central Business District to Vectr Holdings. The multidisciplinary M&A, real […]...

Vienna, 17 July 2024 – Wolf Theiss announces the successful closing of Altor Funds’ acquisition of an 80% majority stake in Kommunalkredit Austria AG. This transaction, which received approval from Austrian and European financial supervisory authorities, marks a significant step in advancing Kommunalkredit’s mission to become Europe’s leading green transition bank. Kommunalkredit is known for […]...

Vienna, Budapest, 16 July 2024 – Wolf Theiss acted as legal counsel to Antolin, a leading provider of automotive interior technology in the sale of its trunk trim business in Hungary and Austria to Grupo Cosmos, a Spanish automotive supplier. The transaction, which included the sale of its factory in Kecskemét, Hungary and associated operations […]...

Warsaw, 16 July 2024 – Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, has entered into a definitive agreement to acquire AX V Nissens III APS (“Nissens”) for approximately USD 388 million in cash from Nordic private equity firm Axcel and the Nissen family. The transaction values Nissens at approximately […]...

Vienna, Prague, Budapest, Bratislava, Warsaw, 12 July 2024 – Wolf Theiss provided legal advice to American Industrial Partners (AIP), a global industrials investor, in its strategic investment in Austin Powder, a leading provider of industrial explosives and engineered blasting solutions. The transaction was announced on July 1, 2024. American Industrial Partners is an investment firm […]...

Budapest, 10 July 2024 – The current owners of Kecskeméti Konzerv Kft. have successfully closed the deal to sell their canning factory to Gránit Group. Kecskeméti Konzerv Kft., which was founded in 2005, employs around 250 people and has a turnover of HUF 22 billion (≈ EUR 57 million), has been sold to Agrár-Finance Kft. […]...

Vienna, 10 July 2024 – On 3 July 2024, the Austrian National Council adopted the draft COFAG Consolidation Act, which introduces significant changes to the handling and processing of funding claims and refunds by the COVID-19 Financing Agency of the Federal Government (COFAG). This marks a major step towards the final dissolution of COFAG. Under […]...

Vienna, Sofia, 10 July 2024 – Wolf Theiss provided legal advice to Software AG, a German multinational software corporation majority-owned by private equity firm Silver Lake and specialising in enterprise software solutions, throughout the carve-out and sale of its Super Integration Platform as a Service (Super iPaaS) business to IBM. The transaction valued at EUR […]...

Vienna, 9 July 2024 – Wolf Theiss advised Bob W, a Finnish Tech-powered hospitality provider, on their entry into the Austrian market. Bob W plans to open its first location in Vienna in 2025. Launched in 2019, Bob W is a tech-powered hospitality operator offering a smarter alternative to mainstream hotels and traditional short-term rentals. […]...