Wolf Theiss, working with Baer & Karrer, has advised Farner International on the transaction that saw The Skills Group becoming part of European agency group Team Farner. Haider Obereder Pilz reportedly advised the sellers.
According to Wolf Theiss, “Vienna-based communications agency The Skills Group, one of Austria's leading PR agencies, as well as its digital subsidiary Datenwerk and marketing agency All Channels Communication Austria, are changing hands. They will become part of Team Farner, a growing, pan-European communications agency group headquartered in Switzerland.”
According to the firm, “Swiss-based Farner, founded in 1951, started a partnership with Waterland Private Equity in January 2022. Under the umbrella brand Team Farner, integrated communications providers from a wide range of European countries will form a joint owner-led agency group with the objective to establish a leading integrated European communications provider as a trusted partner for clients for national as well as international campaigns.”
In 2022, Wolf Theiss and Baer & Karrer also advised Farner on its acquisition of the Vienna-based Kobza Media Group (as reported by CEE Legal Matters on November 23, 2022).
The Wolf Theiss team included Partner Florian Kusznier, Counsel Stefan Wartinger, Consultant Karin Spindler-Simader, Senior Associates Christopher Juenger, Gregor Grablowitz, Anna Schwamberger, and Philipp Wrabetz, and Associates Klemens Kendler, Miranda Ellison, and Pascal Gstoettner.