GxG Legal advises on cross-border merger within the Frauenthal Group
- Valerie Raquel Biczysko
- 3 days ago
- 1 min read
Updated: 2 days ago
Dr. Nikita Gontschar, Frank Rodenhausen, and Carina Bennek advised on the cross-border merger of the German FT Holding GmbH, as the transferring company, with the Austrian Tridelta GmbH, as the acquiring company. As part of the transaction, 5,954,724 shares – corresponding to approximately 68.83% of the voting rights – in Frauenthal Holding AG were transferred to Tridelta GmbH. Tridelta GmbH now holds a total of 6,322,910 shares, corresponding to 73.08% of the total voting rights in Frauenthal Holding AG.
Frauenthal Holding AG, headquartered in Vienna, is a listed industrial group operating in the automotive and building technology sectors. With its subsidiaries, it is one of the leading suppliers of plumbing and heating products in Austria and Central Europe and is an established supplier to the European commercial vehicle industry.
The intra-group restructuring was carried out based on the new regulations for cross-border corporate restructuring following the implementation of the EU Corporate Transformation Directive (UmRUG) into German law. The project required close integration of German and Austrian corporate and corporate transformation law, as well as precise implementation of EU legal requirements.
GxG Legal provided comprehensive advice from strategic structuring and documentation to legal implementation in Germany, working closely with the team led by Dr. Christoph Nauer, Thomas Lettau, and Dr. Dr. Johannes Mitterecker from bpv Hügel, who managed the transaction from Austria.
