CERHA HEMPEL acted as Austrian legal counsel to KKR on its agreement to acquire the Explosion Protection and Static Control segments from HOERBIGER, a diversified technology company headquartered in Switzerland with operations worldwide. CERHA HEMPEL advised on Austrian legal aspects of this transaction which includes IEP Technologies Austria (HOERBIGER’s Austrian explosion protection and services business unit).
The transaction is expected to close in the first quarter of 2027, subject to customary closing conditions.
The CERHA HEMPEL team was led by Clemens Hasenauer (Managing Partner; Corporate, M&A) and Harald Stingl (Partner; Corporate, M&A) and also comprised Johannes Prinz (Partner, Corporate, M&A, Tax), Sonam Schima (Senior Associate, Corporate, M&A), Caroline Pribassnig and Alexander Kainz (both Associates, Corporate, M&A) and Anna Wolf-Posch (Partner, Regulatory/FDI) and Philipp Schaubach (Senior Associate, Regulatory/FDI).