Schoenherr is advising OVS S.p.A. ("OVS"), a leading Italian clothing retailer, and Sempione Retail AG ("Sempione Retail") in connection with Sempione Retail's cash tender offer for all publicly held bearer shares of Swiss company Charles Vögele Holding AG ("Charles Vögele") in Austria, Hungary, Slovenia and Poland.
 
If the offer is successful, the Charles Vögele stores in Germany and Charles Vögele's real estate in Switzerland will be sold to a European retailer and a Swiss investor, respectively, and the OVS brand will be rolled out in the Charles Vögele stores in Switzerland, Austria, Hungary and Slovenia.
 
The Schoenherr team advising OVS is led by Florian Kusznier (partner, Vienna; corporate/m&a) and Volker Weiss (partner, Brussels/Vienna; EU & competition). They were supported by a team coordinated by Julia Wasserburger (senior associate, Vienna; corporate/m&a). The local teams were led by Kinga Hetenyi (partner, Budapest; corporate/m&a), Katarzyna Terlecka (partner, Warsaw; corporate/m&a) and Marko Prusnik (partner, Ljubljana; corporate/m&a).
 
Bär & Karrer is lead counsel to OVS and Sempione Retail.