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Eisenberger & Herzog Advises Allianz Capital Partners on Investment in Broadband Expansion

Eisenberger & Herzog Advises Allianz Capital Partners on Investment in Broadband Expansion

Austria
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Eisenberger & Herzog has advised Allianz Capital Partners on the acquisition of a 75% stake in Niederosterreichische Glasfaserinfrastruktur from Breitband Holding, controlled by the Province of Lower Austria. The investment is approximately EUR 300 million. CMS advised NoGIG on the deal.

The transaction is expected to close before the end of this year. Construction is scheduled to start in 2020.

NoGIG builds and operates a new fiber-to-the-home optical fiber network in rural regions of Lower Austria, with a focus on municipalities with less than 5,000 inhabitants. 

The Eisenberger & Herzogteam included Partners Michael Strenitz, Ulrike Sehrschon, and Clemens Lanschutzer, and Associates Mathias Eberle and Isolde Klinger.

The CMS team was led by Partners Thomas Hamerl and Clemens Grossmayer.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.