Acquisition of w&p Baustoffe GmbH by Baumit Beteiligungen GmbH

Baumit Beteiligungen GmbH, part of the Schmid Industrieholding GmbH/Wopfinger Group, acquired 100 % of the shares in w&p Baustoff GmbH from the Wietersdorfer Group and thus took over the entire building materials division including the Baumit and KEMA brands as well as the foreign investments. In this context, SAXINGER provided the Wopfinger Group with comprehensive legal advice on structuring and acquisition.

Dr. Thomas Ruhm
Lawyer

"Baumit is one of the market leaders in the building materials industry and is active throughout CEE. In this respect, it was particularly gratifying for SAXINGER to provide the Wopfinger Group with legal support in this international transaction."

Project details

Schmid Industrieholding GmbH /Wopfinger Group

Conglomerate of the building materials industry

Number of employees: approx. 5,000

Turnover p. a: EUR 1.4 billion

Completion of the project: 2016