SAXINGER press coverage

SAXINGER has been ranked among the top law firms in Austria for corporate law and M&A in the latest JUVE Ranking. Dr. Gerald Schmidsberger, Dr. Franz Mittendorfer, Dr. Wolfgang Lauss, Dr. Immanuel Gerstner, Mag. Clemens Harsch, and MMag. Sebastian Hütter are highlighted as frequently recommended.

A consortium consisting of Pierer Industrie, Red Bull heir Mark Mateschitz, and two companies of Raiffeisenlandesbank Oberösterreich is pursuing a majority stake in the fire equipment manufacturer Rosenbauer. The seller is the family-owned Rosenbauer Beteiligungsverwaltung (BVG).

The Chinese tech company Luxshare is acquiring a majority stake in the Nuremberg-based automotive supplier Leoni AG. In addition to 50.1 per cent of the shares, the Shenzhen-based group is securing the global group's cable business.

Schoenherr has advised Herba Chemosan Apotheker and its management board on the management buy-out of the company. Herbst Kinsky, working with Linklaters, advised previous majority shareholder McKesson Corporation on the sale of its Austrian business to Quadrifolia Management through the MBO. SAXINGER has advised private equity company Invest AG on participating in the acquisition. Wolf Theiss advised the financing banks led by Raiffeisen Banking Group Upper Austria.

By way of a capital increase MATE GmbH acquired a 30 percent stake of the share capital of System 7 Railholding GmbH.