STRABAG Acquires B2 Assets in Czech Republic
Deal News | Dec 09, 2024 | Wolf Theiss
Wolf Theiss has provided legal advising services to STRABAG Property and Facility Services, a subsidiary of STRABAG SE, in its latest acquisition of B2 assets located in the Czech Republic. STRABAG, known for its property services expertise, is expanding its footprint by acquiring these assets as part of its growth strategy in Central Europe. This acquisition is notable as it underscores STRABAG's ambition to enhance its service portfolio and presence in the Czech market. The acquisition deal was executed with the legal guidance of Wolf Theiss, a prominent law firm with extensive experience in property and facility service transactions, further cementing its role as a key advisor to STRABAG.
Sectors
- Property Services
- Legal Advisory
Geography
- Czech Republic – The location of the acquired assets, marking a strategic move for STRABAG in this region.
- Austria – STRABAG SE's base country, indicating the geographical origin of the acquiring company.
Industry
- Property Services – Involves STRABAG's role as a property services provider acquiring assets in the Czech Republic.
- Legal Advisory – Wolf Theiss provided legal advisory services to STRABAG during the acquisition process.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| STRABAG Property and Facility Services | Acquirer | Company | An Austrian property services company acquiring B2 assets in the Czech Republic. |
| Wolf Theiss | Legal Advisor | Company | The law firm advising STRABAG on its asset acquisition. |