Strabag: Strabag Group Acquires Czech Republic's B2 Assets

Deal News | Dec 16, 2024 | CEE Legal Matters

Austrian company Strabag Property and Facility Services has expanded its portfolio by acquiring the Czech Republic-based B2 Assets. Strabag, known for managing a variety of property types, aims to enhance its foothold in Central and Eastern Europe with this acquisition. B2 Assets manages an impressive portfolio of approximately 1.4 million square meters of building assets. Wolf Theiss, with a team led by Counsels Tomas Kren, Kamila Seberova, and Ondrej Benes, served as legal advisors to Strabag. The seller, Dusan Bocek, was advised by Dolezal & Partners, with partners Eva Mayerova and Martin Winter taking the lead.

Sectors

Real Estate & Property Management
Legal Services

Geography

Austria – Strabag Group is based in Austria, making it a relevant geography for this article.
Czech Republic – B2 Assets is located in the Czech Republic, and the acquisition pertains directly to this geography.

Industry

Real Estate & Property Management – Strabag Group is involved in managing real estate and property assets, and B2 Assets is a building management company, indicating the transaction falls within Real Estate & Property Management.
Legal Services – Both Wolf Theiss and Dolezal & Partners are legal advisors involved in this deal, reflecting the Legal Services industry.

Financials

Participants

Name	Role	Type	Description
Strabag Property and Facility Services	Bidding Company	Company	An Austrian property services company involved in the acquisition of B2 Assets
B2 Assets	Target Company	Company	A Czech Republic-based building management company being acquired.
Dusan Bocek	Selling Company	Person	Seller of B2 Assets.
Wolf Theiss	Legal Advisor for Buyer	Company	Provided legal advisory services to Strabag during the acquisition.
Dolezal & Partners	Legal Advisor for Seller	Company	Provided legal advisory services to the seller, Dusan Bocek.