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Schoenherr, BPV Grigorescu Stefanica, and BPV Huegel Advise on HS Timber Group’s Sale of HS Timber Productions Sebes to Ziegler Group

Schoenherr, BPV Grigorescu Stefanica, and BPV Huegel Advise on HS Timber Group’s Sale of HS Timber Productions Sebes to Ziegler Group

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Schoenherr has advised HS Timber Group on its sale of HS Timber Productions Sebes to Ziegler Group. BPV Grigorescu Stefanica and BPV Huegel advised the buyer.

Closing is expected in mid-2023, pending regulatory approval.

With more than 600 employees, HS Timber Productions Sebes operates a sawmill and other industrial wood processing activities at the Sebes site.

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

Founded in 1948, Ziegler Group specializes in wood processing. The company originates from the northern Upper Palatinate in Bavaria and has locations in Europe.

The Schoenherr team was led by Partners Christian Herbst and Maximilian Lang and included Partners Volker Weiss, Madalina Neagu, and Narcisa Oprea, Senior Attorney-at-Law Claudiu Stan, Attorney-at-Law Silviu Lazar, and Associate Markus Fasching.

The BPV Grigorescu Stefanica included Managing Partner Catalin Grigorescu, Partner Anca Albulescu, and Managing Associates Nicolae Ursu, Iulia Dragomir, and Cristina de Jonge.

The BPV Huegel team was led by Partner Elke Napokoj and included Partners Stefan Gaug and Gerhard Fussenegger.

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Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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