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Transaction News Transaction News

Wolf Theiss advises Hueck Folien on the acquisition of WaveFront Technology

Vienna, 28 January 2026 – Wolf Theiss has acted as legal counsel to Hueck Folien Gesellschaft m.b.H in connection with the acquisition of WaveFront Technology LLC, a specialist in nano- and microstructured optical features. The transaction reinforces Hueck Folien’s technological independence and marks a significant step in strengthening its position in the global security market.

Hueck Folien is a global specialist in visually sophisticated and functional surface coatings in the security, labeling and design markets, headquartered in Baumgartenberg, Austria. The company supplies high-quality films with complex security features for banknotes and various security documents worldwide. Through the acquisition of WaveFront Technology, Hueck Folien is expanding its technological capabilities across its Austrian and US sites to support long-term growth in the global security and banknote market.

WaveFront Technology LLC is a US-based provider with more than 30 years of experience in the development and production of nano‑ and microstructured optical features for security, packaging, lighting, aerospace and display applications. The company’s facility in Paramount, California will be integrated into the Hueck Folien Group as a development and production location.

Wolf Theiss advised Hueck Folien Gesellschaft m.b.H. as lead counsel on all legal aspects of the transaction, including the structuring of the acquisition, drafting and negotiation of the transaction documentation and coordination with local counsels and commercial and financial advisors to the client.

The Wolf Theiss team was led by Partner Zeno Grabmayr (Banking & Finance, Corporate), supported by Associate Nikolaus Wollner (Corporate/M&A), Partner Bryan Jardine (Regulatory), Partner Stefan Wartinger, Associate Sophie Weber (both Competition), Associate Felix Wejrowsky (Corporate/M&A) and Oliver Kraus (Banking & Finance).

“This transaction was particularly special as it marked Hueck Folien’s first acquisition in the United States, representing a significant strategic step in the company’s international expansion. Given the delicacy and complexity of the matter, the project required a high degree of trust, alignment and persistence and we worked hand in hand with Hueck to address challenges as they arose. It is particularly gratifying to see this transaction conclude in a way that enabled all parties to achieve their objectives by way of close cooperation and careful coordination.”

Zeno Grabmayr, Partner

“The acquisition of WaveFront Technology marks a decisive move to expand our global value creation and reinforce our long-term competitive position. The close and highly professional collaboration with Wolf Theiss was instrumental in executing this strategically important project efficiently and with clear economic focus.”

– Hartmuth Pelger, CFO Hueck Folien

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