fwp advised 130-year old Loacker Recycling GmbH in connection with the increase of its shareholding in Häusle GmbH, specialising in the reduction of residual waste, which was founded in 1964, has 279 employees and an operating area of 314,000 m². The motive behind this transaction was to effectively deal with a legacy of the past.
‘The superb execution of the transaction in compliance with all legal requirements was made possible by the excellent cooperation among all parties involved and their advisors. The necessary coordination with authorities and the media reporting made the entire takeover process particularly challenging’, says fwp partner Markus Fellner.
About one year after the beginning of the sales process, the transaction documents by means of which the shares of ‘CETEC’ Beteiligungs GmbH and WHB Hofer GmbH in Häusle GmbH will be sold have been signed recently.The Austrian Competition Authority approved the increase in shares. The decision of the German Competition Authority is still outstanding.
In addition to the partners Markus Fellner (M&A, Corporate), Kurt Wratzfeld (Labour Law) and Lukas Flener (Antitrust Law), fwp’s core team consisted of attorney-at-law Irena Gogl-Hassanin (M&A) and associate Verena Siegel (Corporate).