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Allen & Overy advises Bilfinger on sale of MCE Group to Habau

01 Apr 2016

Allen & Overy LLP advised the internationally leading engineering and services group Bilfinger on the sale of the Bilfinger MCE Group to Habau, a company domiciled in Perg in Upper Austria. The parties agreed not to disclose the purchase price. The transaction is still subject to clearance by the German and Austrian cartel authorities and is expected to close in the second quarter of 2016.

The Bilfinger MCE Group, which is domiciled in Austria, supplies complex steel constructions and steel construction facilities for infrastructure and industry and operates in Austria, Germany, Hungary and the Czech Republic. The privately owned construction group Habau offers the full range of services in the fields of construction and civil engineering, prefabricated building components, and pipeline and underground construction, with its main focus of activities on Austria, Germany as well as northern and eastern Europe. Bilfinger had offered its construction business for sale in August 2015.

The Allen & Overy team was led by partner Dr. Astrid Krüger, who was assisted by senior associate Daniel Epe (both Corporate/M&A, Munich).

On matters of Austrian law, Bilfinger was advised by Binder Grösswang Rechtsanwälte GmbH (Dr. Florian Khol, Dr. Christian Wimpissinger, Dr. Hemma Parsché).

Inhouse coordination of the transaction was supervised by Peter Ratz (Corporate Legal).
 
The Allen & Overy team furthermore comprised partners Dr. Heike Weber (Tax, Frankfurt), Dr. Ellen Braun (Antitrust, Hamburg) and Dr. Jens Matthes, senior associate Miray Kavruk (both IP, Düsseldorf), and associates Dr. Lukas Rengier (Antitrust, Hamburg) and Gunnar Harlacher (Tax, Frankfurt).  Partner Zoltán Lengyel and associate Petra Kovacsics (both Corporate, Budapest) advised on matters of Hungarian law, while advice on Czech law was provided by associate Iva Bilinska (Corporate, Prague).

Matter Type
M&A: Seller's Counsel
Industry
Real Estate & Construction
News Category
M&A