Wolf Theiss, working alongside Clifford Chance, has advised Cellnex Telecom on the EUR 803 million sale of its Austrian telecommunications tower assets to a consortium comprising Vauban Infrastructure Partners, EDF Invest, and MEAG. Schoenherr, working with the Paris and London offices of Hogan Lovells, advised the buyers.
Cellnex Telecom is a European operator of telecommunications towers and infrastructure. According to Wolf Theiss, it has been operating in Austria since early 2021, when it finalized the acquisition of CK Hutchison’s sites in the country as part of the agreement to acquire CK Hutchison’s infrastructure portfolio in six European countries, including Austria. Cellnex currently manages 4,600 sites in Austria.
Vauban Infrastructure Partners, headquartered in Paris with subsidiaries in Luxembourg and NYC and a branch in Munich, is an infrastructure asset manager focused on European core infrastructure investments
EDF Invest is the investment arm of EDF.
MEAG is the asset manager of Munich Re and ERGO.
The Wolf Theiss team included Partners Sarah Wared, Karl Binder, Robert Wagner, Marika Lomashvili, Matthias Unterrieder, Niklas Schmidt, and Roland Marko, Counsels Harald Strahberger, Christopher Juenger, Stefan Horn, and Markus Taufner, Senior Associates Lukas Ploesch, Elisabeth Poetscher, Anna Schwamberger, Phillip Wrabetz, and Sandra Seldte, Consultants Melanie Dimitrov and Karin Spindler-Simader, and Associates Caroline Brunnmayer, Jonathan Gruber, Paul Samonig, Florian Sesztak, Miranda Ellison, Angelika Lange, Dorothea Arlt, Philipp Richter, and Johannes Sekanina.
The Schoenherr team included Partners Maximilian Lang, Christian Herbst, Constantin Benes, Volker Weiss, Guenther Leissler, and Teresa Waidmann, Attorneys at Law Beatrix Schima, Christoph Jirak, Janos Boszormenyi, and Alexander Pabst, and Associates Philipp Staudigl, Hanna Elisabeth Kirschner, Markus Fasching, and Stefan Dietrich.
