Veroniki Holding Completes Sale of Propangas
Deal News | Nov 08, 2024 | CEE Legal Matters
Veroniki Holding, an Italian investment firm specializing in the distribution of liquefied petroleum gas, has completed the sale of its subsidiary Propangas, a wholesaler of liquid gas. The acquisition was made by Doppler Beteiligungs, which is the Austrian investment division of Doppler Mineralöle. The transaction was facilitated by the legal advisory services of Wolf Theiss, with a team comprising Partners Sarah Wared and Guenter Bauer, as well as senior and associate members Martin Gassler, Sandra Seldte, and Klemens Kendler. No further details have been disclosed by Wolf Theiss.
Sectors
- Energy
- Legal Services
- Investment Management
Geography
- Italy – Veroniki Holding is based in Italy.
- Austria – Doppler Beteiligungs, the acquiring company, is based in Austria.
Industry
- Energy – The transaction involves companies engaged in the distribution and wholesaling of liquefied petroleum gas.
- Legal Services – Wolf Theiss provided legal advisory services for the transaction.
- Investment Management – Veroniki Holding and Doppler Beteiligungs are investment companies managing and acquiring assets for portfolio enhancement.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Veroniki Holding | Selling Company | Company | An Italian investment company involved in the distribution of liquefied petroleum gas. |
| Propangas | Target Company | Company | A wholesaler of liquid gas. |
| Doppler Beteiligungs | Bidding Company | Company | The Austrian investment arm of Doppler Mineralöle. |
| Wolf Theiss | Legal Advisor | Company | A law firm that advised Veroniki Holding on the transaction. |
| Sarah Wared | Partner | Person | Partner at Wolf Theiss involved in the deal. |
| Guenter Bauer | Partner | Person | Partner at Wolf Theiss involved in the deal. |
| Martin Gassler | Senior Associate | Person | Senior Associate at Wolf Theiss involved in the deal. |
| Sandra Seldte | Senior Associate | Person | Senior Associate at Wolf Theiss involved in the deal. |
| Klemens Kendler | Associate | Person | Associate at Wolf Theiss involved in the deal. |