Press Releases

Warsaw, 16 July 2024 – Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, has entered into a definitive agreement to acquire AX V Nissens III APS (“Nissens”) for approximately USD 388 million in cash from Nordic private equity firm Axcel and the Nissen family. The transaction values Nissens at approximately […]...

Vienna, Prague, Budapest, Bratislava, Warsaw, 12 July 2024 – Wolf Theiss provided legal advice to American Industrial Partners (AIP), a global industrials investor, in its strategic investment in Austin Powder, a leading provider of industrial explosives and engineered blasting solutions. The transaction was announced on July 1, 2024. American Industrial Partners is an investment firm […]...

Budapest, 10 July 2024 – The current owners of Kecskeméti Konzerv Kft. have successfully closed the deal to sell their canning factory to Gránit Group. Kecskeméti Konzerv Kft., which was founded in 2005, employs around 250 people and has a turnover of HUF 22 billion (≈ EUR 57 million), has been sold to Agrár-Finance Kft. […]...

Vienna, 10 July 2024 – On 3 July 2024, the Austrian National Council adopted the draft COFAG Consolidation Act, which introduces significant changes to the handling and processing of funding claims and refunds by the COVID-19 Financing Agency of the Federal Government (COFAG). This marks a major step towards the final dissolution of COFAG. Under […]...

Vienna, Sofia, 10 July 2024 – Wolf Theiss provided legal advice to Software AG, a German multinational software corporation majority-owned by private equity firm Silver Lake and specialising in enterprise software solutions, throughout the carve-out and sale of its Super Integration Platform as a Service (Super iPaaS) business to IBM. The transaction valued at EUR […]...

Vienna, 9 July 2024 – Wolf Theiss advised Bob W, a Finnish Tech-powered hospitality provider, on their entry into the Austrian market. Bob W plans to open its first location in Vienna in 2025. Launched in 2019, Bob W is a tech-powered hospitality operator offering a smarter alternative to mainstream hotels and traditional short-term rentals. […]...

Warsaw, 2 July 2024 – Wolf Theiss acted as local counsel to Schibsted group, a media and marketplace capital group with a leading position in the Nordics, on the Polish aspects involved in the separation of its business into two companies – Schibsted Media and Schibsted Marketplaces. Following the division, as of June 7th, Schibsted […]...

Vienna, 24 June 2024 – Wolf Theiss advised Bulgarian-American Credit Bank AD as issuer on its issue and listing of EUR 15,000,000 8.00% 2024-2034 Subordinated (Tier 2) Notes (BG2100017248). On 3 June 2024, Bulgarian-American Credit Bank AD successfully closed the private placement of Subordinated Notes in the aggregate principal amount of EUR 15 million in order to strengthen […]...

Vienna, 20 June 2024 – Wolf Theiss advised International Finance Corporation (IFC) on the first subscription of MREL bonds in the Serbian capital market issued by Raiffeisen banka a.d. Beograd. Raiffeisen banka a.d. Beograd successfully closed the issue of long-term MREL bonds in the aggregate principal amount of RSD 6,000,000,000. The MREL bonds have a maturity of four […]...

Budapest, 12 June 2024 – Wolf Theiss advised the Lenders involved in the transaction on the financing, M&A and corporate aspects of the sale of Budapest Liszt Ferenc International Airport to French infrastructure group Vinci Airports and the Hungarian state-owned investment fund Corvinus. Wolf Theiss acted as Hungarian counsel to an international syndicate of Lenders […]...

Warsaw, 10 June 2024 – Wolf Theiss acted as legal advisor to NORD/LB, a leading German bank, on financing the purchase of the FORMAT office building in Gdańsk, Poland by Greenstone Format, a Polish real estate company. FORMAT is a modern office and service building situated in Gdańsk-Oliwa, the heart of the Tri-City business district. […]...

Vienna, 5 June 2024 – Wolf Theiss advised private equity investor Brighton Park Capital in the recent €73.6 million Series C financing round of Linz-based Storyblok, provider of a modern content management system (CMS). The round, which was led by Brighton Park Capital, included participation from existing investors HV Capital, Mubadala Capital, 3VC and firstminute […]...