Fellner Wratzfeld & Partner has advised Loacker Recycling GmbH on its acquisition of Hausle GmbH from CETEC Beteiligungs GmbH and WHB Hofer GmbH. The Austrian Federal Competition Authority has approved the increase in share capital. The decision by the German Federal Cartel Office is still pending.
Loacker Recycling, which was founded in 1886 and is based in Gotzis, Austria, provides recycling services that include collecting, sorting, and processing recyclable waste. The company also engages in international trading and sales operations. It serves industrial companies, builders, local authorities, and local waste collection companies across Europe. The company has locations in Austria, Germany, Switzerland, Hungary, Liechtenstein, Slovakia, and Singapore.
Hausle, which set up its business in 1958 as a haulage company, opened its first landfill in 1964. High-quality sorting equipment was gradually introduced., and it opened Austria’s first composting plant, in Lustenau, in 1973. Subsequently the company acquired stakes in a number of waste disposal companies in Austria and Switzerland.
The FWP team was led by Partners Markus Fellner and Kurt Wratzfeld and included lawyers Lukas Flener, Irena Gogl-Hassanin, and Verena Siegel.
Hans-Jorg Vogl from the Vogl law firm in Feldkirch, Austria, advised CETEC.
Manfred Umlauft from Manfred Umlauft & Partner in Dornbirn, Austria, advised EHB Hofer.