CHSH advised GLV Inc. in connection with the successful reorganisation of the GLV/Ovivo group in Austria

CHSH advised GLV Inc., which is listed on the Toronto Stock Exchange, in connection with the successful reorganisation of Christ Water Technology AG ("CWT") in Austria.

Heinrich Foglar-Deinhardstein

CHSH advised GLV Inc., which is listed on the Toronto Stock Exchange, in connection with the successful reorganisation of Christ Water Technology AG ("CWT") in Austria. CHSH had already advised GLV Inc. on the takeover, squeeze-out and delisting of CWT which had been listed in Vienna. The subsequent reorganisation contributed to the integration of CWT and its subsidiaries in the international GLV/Ovivo group.

The most important components of the reorganisation were inter alia: three parallel mergers – two upstream mergers and one side-stream merger –, a conversion, and the sale of Hinke Tankbau GmbH to Vektor group. Linking the various reorganisation steps which were being implemented simultaneously proved a particular challenge.

GLV Inc. was advised by CHSH partner Heinrich Foglar-Deinhardstein (Corporate, M&A). The team at CHSH also consisted of Mark Krenn (Attorney, M&A), Susanne Molitoris (Attorney, Employment Law) and Stephanie Sauer (Associate, Corporate).