Brandl & Talos and SMP’s Berlin office have advised System Industrie Electronic Holding on the acquisition of a 70.1% stake in Elektromotorenwerk Grunhain.

Former SCWP Schindhelm Partner Alice Meissner and former Skribe lawyer Bernhard Passin have joined forces to launch Meissner & Passin Attorneys, which will open its doors on January 1, 2021.

Schoenherr has advised UBS Europe SE on the sale of its onshore wealth management business in Austria to LGT Bank AG. The transaction remains subject to competition authority clearance.

Cerha Hempel and Hogan Lovells Dusseldorf have advised OMV on the sale of its filling station business in Germany to Britain's EG Group. Latham & Watkins reportedly advised EG Group on the deal, which remains subject to regulatory approval. 

Austria's CHG Czernich Rechtsanwalte has opened a branch in Vienna, led by lawyers Stefan Gutbrunner and Clemens Handl. The firm’s new office is located on the Universitatsring, right next to the Vienna Burgtheater.

Cerha Hempel has helped Germany's COSI Hospitality Group enter the Austrian hotel and apartment market. 

CMS’s Vienna office has advised joint lead managers BofA Securities, BNP Paribas, Erste Group, Goldman Sachs International, JP Morgan, and UBS on Erste Group Bank AG’s EUR 750 million issuance of undated fixed-to-fixed resettable notes. Wolf Theiss advised the issuer on the deal.

Eisenberger & Herzog has advised Krenhof AG on its merger with Pankl Racing Systems AG. Oberhammer advised Pankl Racing Systems on the merger.

Binder Groesswang has advised Lenzing AG on the successful issuance of a EUR 500 million hybrid bond. Linklaters and Wolf Theiss advised joint global coordinators BNP Paribas and Morgan Stanley and joint bookrunners BNP Paribas, Morgan Stanley, and UniCredit.

“I can’t not mention Covid – it’s still making the entire situation quite difficult,” says Dorda Managing Partner Axel Anderl, when asked what’s happening in Austria “The current coalition between the Greens and the Conservatives is facing a lot of challenges.” 

Herbst Kinsky has advised Biogena Group Invest on the initial public offering of its shares and their listing on the Vienna Stock Exchange.

Eisenberger & Herzog has advised German real estate investment and asset manager Hamburg Trust on the acquisition of newly constructed Siemensstrasse residential living project in Vienna from Eyemaxx Real Estate AG.

Binder Groesswang has advised OBB-Technische Services on the establishment of a joint venture with Voestalpine Stahl for the purpose of freight wagon production. Schoenherr’s multi-office team advised the co-venturer on the deal. Gleiss Lutz reportedly acted as a local advisor in Germany to Voestalpine.

Schoenherr and Clifford Chance have advised Hypo Vorarlberg on the synthetic securitization of a EUR 330 million portfolio of loans to small and medium-sized enterprises, corporate borrowers, or certain private individuals, which was provided by the European Investment Fund and European Investment Bank. Linklaters advised the EIF and EIB on the deal.

The Vienna office of CMS has advised A1 Telekom Austria AG on the acquisition of Alcatel-Lucent Voice Business, the classic telephony business of technology service provider NTT Ltd.

Dorda has advised DLH Real Estate Austria on the acquisition of a 30,000-square-meter property in the Future Zone East industrial park from Vienna Airport Business Park and Airport Services VIE Immobilien. PwC Legal reportedly advised the sellers on the deal.

Dorda has advised DLH Real Estate Austria on the sale of a 65,000-square-meter section of the Industrial Campus Vienna East to Deka Immobilien.

Former Contract Partner Klaus Pfeiffer and former Finad Partner Georg Burger-Scheidlin have become equity partners at Austria's Weber & Co.