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Press release - 17 April 2024An international team of CMS lawyers has provided comprehensive legal advice to Austrian Airlines AG on the sale of the Slovakian company Austrian Airlines Technik Bratislava (ATB) to the Dutch aircraft maintenance provider SAMCO Aircraft Main­ten­ance. Es­tab­lished in 2006, ATB has been offering first-class maintenance services specifically to regional aircraft operators. Closing the deal in early April, CMS supported the company’s successful sale to SAMCO Aircraft Maintenance, which expands its base maintenance footprint in Europe as a consequence. In the course of the acquisition, the CMS team contributed its international expertise in corporate law/M&A matters and also provided extensive legal advice on financing aspects and competition law. “We are excited to have supported Austrian Airlines on this transaction and are pleased that our expertise in cross-border M&A matters contributed to the smooth execution of the deal,” says Alexander Rakosi, a partner at CMS and a member of the corporate transactions team in Vienna. The CMS core transaction team consisted of partners Alexander Rakosi and Florian Mayer (both Vienna, Corporate/M&A) and attorney-at-law Martina Gavalec (Bratislava, Corporate/M&A), and was supported by partner Dieter Zandler (Vienna, Antitrust), associate Rebecca Herlitz (Vienna, Corporate), associate Ján Ševčík (Bratislava, Dispute Resolution), and legal trainee Matthias Torggler (Vienna, Corporate Transactions). On the buyer side, BarentsKrans (Netherlands) and Kinstellar (Slovakia) were involved in the transaction.

Press release - 22 March 2024

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