Schoenherr and PHH Advise on HS Timber and Hat Trick Joint Venture

Schoenherr and PHH Advise on HS Timber and Hat Trick Joint Venture

Austria
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Schoenherr has advised HS Timber Industrieinvest on establishing a joint venture with Hat Trick to build a sawmill in Argentina and produce and trade logs worldwide. PHH advised Hat Trick.

Based in Vienna, the HS Timber Group is a wood processing company. It is active in the timber industry and the bioenergy sector throughout the CEE region, exporting its products to 70 destinations.

Hat Trick is a Belgian investment management company.

According to Schoenherr, “through this joint venture, HS Timber Industrieinvest and Hat Trick will jointly build a sawmill in Argentina and produce and trade logs worldwide.”

Earlier in 2023, Schoenherr advised HS Timber on the sale of HS Timber Productions Sebes to the Ziegler Group (as reported by CEE Legal Matters on April 28, 2023) and, in 2022, on the acquisition of Luvian Saha (as reported by CEE Legal Matters on May 11, 2022) and the sale of the Interfloat Corporation and Glasmanufaktur Brandenburg to Borosil Renewables (as reported by CEE Legal Matters on May 5, 2022).

The Schoenherr team included Partner Maximilian Lang and Associate Markus Fasching.

The PHH team included Partner Rainer Kaspar, Attorney at Law Wolfgang Guggenberger, and Associate Johannes Metzler.