BPV Huegel has advised RWA Raiffeisen Ware Austria Handel und Vermoegensverwaltung eGen and its acquisition holding on the financing and completion of the purchase of approximately 47.53% of RWA Raiffeisen Ware Austria AG shares from BayWa AG for EUR 176 million. Schoenherr advised RBI as the financing bank. FPS Fritze Wicke Seeling reportedly advised RWA eGen as well. Jones Day's Munich office reportedly advised BayWa AG.
According to BPV Huegel, the acquisition financing was structured and provided by Raiffeisen Bank International AG. With this acquisition, RWA eGen now holds full control over RWA AG in Austria, consolidating its position as a key player in the region’s agricultural and commercial sectors. RWA AG acts as a central service and trading hub for Austria’s Lagerhaus cooperatives, with business interests spanning agriculture, technology, energy, building materials, and home & garden. It also maintains a portfolio of subsidiaries and participations in Austria and select Eastern European markets. In parallel, RWA eGen holds a majority stake in Raiffeisen Agrar Invest AG, the second-largest shareholder of BayWa AG with approximately 28.3%.
The BPV Huegel team included Partners Christoph Nauer, Ingo Braun, Astrid Ablasser-Neuhuber, and Johannes Mitterecker, Attorneys at Law Barbara Valente and Roland Juill, and Associates Daniel Maurer, Patrick Nutz-Fallheier, Stefan Holzweber, and Philipp Stengg.
The Schoenherr team included Partner Martin Ebner, Attorneys at Law Christian Cacic, Gabriel Ebner, and Viktoria Carranza-Berg, and Associates Kristina Petz and Nikolaus Fruehwirth.