Wolf Theiss advises Kyocera on its acquisition of 100% ownership of Van Aerden Group

Wolf Theiss advised Kyocera with respect to all legal aspects of the transaction from an Austrian, Hungarian and Slovenian law perspective (due diligence, advice in connection with the SPA and corporate governance topics).

The team was led by Sarah Wared, Vienna, (Corporate/M&A), and included Iris Riepan, Vienna, (Real Estate), Vilma-Reeta Kivilahti, Vienna, (Banking & Finance), Martin Laschan, Vienna, Klemen Radosavljevic, Ljubljana, Janos Toth, Budapest, and Mark Chiovini, Budapest (all Corporate/M&A).

Van Aerden Group manufactures the Aerfast brand of pneumatic tools, including nailers and staplers, with sales operations in more than 10 European countries. In recent years, Kyocera has expanded its tool business by diversifying from its core line of industrial metal processing tools. It entered the pneumatic tool business in Northern Europe and Germany in 2011 through the acquisition of the Unimerco Group (now: Kyocera Unimerco A/S). In 2017, Kyocera acquired Senco Holdings, Inc. (now: Kyocera Senco Industrial Tools, Inc.), known for its broad range of high-quality pneumatic and cordless power tools in the U.S., the world’s largest market for nailers.