29
Fri, Mar
48 New Articles

Wolf Theiss and Garger Spallinger Advise on Sale of Tag Systems to Austriacard

Wolf Theiss and Garger Spallinger Advise on Sale of Tag Systems to Austriacard

Austria
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Wolf Theiss and Garrigues have advised the shareholders of Tag Systems S.A. on the sale of the company to Austriacard and their entrance into a joint venture with Austriacard. The transaction closed on December 4, 2019. The buyers were advised by Garger Spallinger.

Austriacard Holdings is a family-owned holding group of companies that specializes in digital security, information management, and Internet of Things.

Tag Systems S.A. is an Andorran stock corporation payment card specialist, providing personalization and fulfillment services through service offices in Spain, Poland, the UK, and North and South America.

Wolf Theiss advised the TAG shareholders in connection with structuring of the transaction as well as drafting and negotiating all transaction documents governed by Austrian law. The firm's team was led by Partner Sarah Wared and included Partner Hartwig Kienast and Associate Vilma-Reeta Kivilahti.

The Garger Spallinger team was led by Partner Forrest Spallinger.

Wolf Theiss at a Glance

With over 360 lawyers in 13 countries, over 80% of the firm’s work involves cross-border representation of international clients. We have concentrated our energies on a unique part of the world: the complex, fast-developing markets of the CEE/SEE region. Through our international network of offices, we work closely with our clients to develop innovate solutions that integrate legal, financial, and business know-how.

Wolf Theiss provides fully integrated corporate services in mergers and acquisitions, private equity, real estate, banking and finance, tax and insurance, employment law, competition law, energy law, privatisation, restructuring, public procurement and litigation. At Wolf Theiss, we measure our success by the success of our clients. We align our goals with yours to ensure that your needs are being met in even the most complex of cross-border matters. This means that we know how to listen to you and help you use the assets you already have while finding opportunities.

Firm's website:

Wolf Theiss – Leading Lawyers in CEE/SEE