In Austria, economic challenges confronting businesses keep lawyers busy, according to Fellner Wratzfeld & Partner Partner Florian Kranebitter. Financial difficulties, compounded by post-COVID-19 financial strains and challenges in the supply chain are at the top of the agenda alongside a drive to nurture startups and an increasing emphasis on sustainability.

Schoenherr has advised the Schwarzmueller Group on a partnership with the Krone Group. CMS reportedly advised the Krone Group.

E+H, working with Latham & Watkins, has advised Nexspace on entering the Austrian market via the acquisition of data centers from COOLtec. AWZ advised COOLtec.

Former Counsels Robert Wippel, Desiree Prantl, and Claudia Fochtmann-Tischler and former Senior Associate Daniel Orosz were promoted to Partners at Baker McKenzie as part of the firm's 2024 promotions round.

Former Freshfields Bruckhaus Deringer Attorney at Law Sabine Prossinger has joined E+H as a Partner in the dispute resolution practice of the firm.

Brandl Talos, working with Cooley, has advised Tipico Group on the sale of its U.S. sportsbook and online casino platform to the LeoVegas Group. Wilson Sonsini Goodrich & Rosati reportedly advised the sellers.

Nestor Nestor Diculescu Kingston Petersen and Dorda, working with Heuking and Wenger Vieli, have advised Inner Mongolia Mengtai Group on the acquisition of the Alu Menziken Group from Montana Aerospace.

BPV Huegel has advised Zentrasport Austria on the sale of its operating business to ANWR Sports. Thurnher Wittwer Pfefferkorn & Partner reportedly advised the sellers.

CMS has advised Alpla Group on its acquisition of Heinlein Plastik-Technik. Noerr reportedly advised Heinlein Plastik-Technik.

EY Law has advised Rohto on its acquisition of the Austrian Sigmapharm/MoNo chem-pharm group.

Schoenherr has advised the B&C Group on the sale of a 15% stake in Lenzing to Suzano and on the establishment of a long-term shareholder syndicate. Freshfields advised Suzano.

Cerha Hempel, working with Linklaters, has advised Hamburger Hafen und Logistik on its acquisition of Roland Spedition. Taylor Wessing reportedly advised the sellers.

Schoenherr, working with Wenger Vieli and CCA Law Firm, has advised Ascent Group on the acquisition of Parkside Informationstechnologie, with subsidiaries in Switzerland and Portugal. Herbst Kinsky advised the sellers.

Wardynski & Partners, working alongside E+H, has advised Coveris Group, backed by Sun Capital Partners on the acquisition of Hadepol Flexo. Grant Thornton reportedly advised the sellers.

Schoenherr, working with Legance and Ypog, has advised Verdane on its investment in Fiskaly. Herbst Kinsky advised Fiskaly.

Baker McKenzie has advised Worthington Enterprises on the USD 10 million sale of 49% of Worthington’s Sustainability Energy Solutions business segment to Hexagon Composites forming a joint venture with Hexagon Composites. Saxinger, Chalupsky & Partner reportedly advised Hexagon.

Schoenherr has advised Storyblok on its USD 80 million Series C financing led by US investment firm Brighton Park Capital. Wolf Theiss, working with Paul, Weiss, Rifkind, Wharton & Garrison, advised Brighton Park Capital.

E+H has advised LongRange Capital affiliate Alpin Unlimited on its acquisition of a 31.85% stake in Bergbahn Aktiengesellschaft Kitzbuehel – KitzSki. CHG Czernich advised the sellers. Eberl, Hubner, Krivanec, Ramsauer & Partner was the escrow agent. Gasser Partner reportedly advised Alpin Unlimited and LongRange Capital as well.