The Krone Group has announced its investment in the Schwarzmüller Group and the resulting industrial partnership in the European commercial vehicle industry. An international CMS expert team advised the Krone Group in the process.
Led by partner Alexander Rakosi in Austria and partner Ernst-Markus Schuberth in Germany, who formed the core transaction team together with senior associates Marie-Christine Lidl in Vienna and Ole Weyand in Germany, the CMS team provided extensive legal advice to the Krone Group on its investment in the Austrian Schwarzmüller Group, a major manufacturer of specialised vehicles in the commercial vehicle sector. The mandate of the CMS team included extensive due diligence, involving numerous legal experts in Austria, Germany, Serbia, Ukraine, Croatia, Bosnia, the Czech Republic and Hungary, as well as advice on transaction documents/negotiations and competition law aspects.
“We are pleased that we were able to advise the Krone Group on this strategically important move and to help successfully close the transaction due to our international expertise in Corporate/M&A and our well-coordinated team,” said lead partners Ernst-Markus Schuberth and Alexander Rakosi, both of them partners in the CMS Corporate Transactions Group.
With their strategic partnership, the two groups are strengthening the joint expansion of production networks and the establishment of comprehensive service environments based on complementary product ranges. After approval of the transaction by the antitrust authorities, which is expected in the near future, Krone and Schwarzmüller will move forward as partners with a consolidated presence across Europe.
The Schwarzmüller Group was advised by Schönherr (Michael Magerl (partner), Miriam Simsa (partner), Marion Schimböck (attorney-at-law), Hannah Lichtenwagner (associate), Michael Marschall (partner), Cvijeta Gavric (associate) and Stefanie Stegbauer (counsel)).
CMS core team
Alexander Rakosi, Lead Partner (CMS Österreich)
Ernst-Markus Schuberth, Lead Partner (CMS Deutschland)
Marie-Christine Lidl, Lead Senior Associate (CMS Österreich)
Katharina Franitza, Counsel (CMS Deutschland)
Ole Weyand, Senior Associate (CMS Deutschland)
Rebecca Herlitz, Associate (CMS Österreich)
Further CMS experts
CMS Austria
Kai Ruckelshausen, Partner
Lejla Tuholjaković, Associate
Wolfgang Hellsberg, Senior Associate
Dieter Zandler, Partner
Robert Keisler, Partner
Stefan Honeder, Senior Associate
Florian Liebetreu, Associate
Mariella Kapoun, Partner
Maximilian Uidl, Associate
Clara Puczynski, Associate
Jens Winter, Partner
Caroline Pavitsits, Associate
Christoph Birner, Senior Associate
Sibylle Novak, Partner
Thomas Aspalter, Senior Associate
Hans Lederer, Partner
Livia Landskron, Associate
Andreas Lichtenberger, Senior Associate
Oliver Werner, Partner
CMS Germany
Benedikt Voss, Associate
CMS Belgium
Michael Bauer, Partner
CMS Croatia
Antonija Kanjer, Senior Associate
CMS Bosnia
Indir Osmic, Partner
Ana Terzic, Senior Associate
CMS Serbia
Ivan Gazdic, Partner
CMS Ukraine
Maria Orlyk, Partner
Oleksandra Prysiazhniuk, Senior Associate
CMS Hungary
Andreas Köhler, Partner
Orsolya Pass, Associate
CMS Czech Republic
Helen Rodwell, Partner
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