Closing Completed: Binder Grösswang Advised OLMeRO on Acquisition of INFO-TECHNO
Since July, a lot has happened in connection with the acquisition of 100 per cent of the shares in INFO-TECHNO Baudatenbank GmbH (INFO-TECHNO) by the BYGGFAKTA Group subsidiary OLMeRO AG (OLMeRO). The transaction was closed at the beginning of October after being approved by the Austrian Federal Ministry for Digital and Economic Affairs.
The acquisition will increase OLMeRO’s market presence in the e-tendering sector in the DACH region and further expand the presence of the BYGGFAKTA Group in Europe. INFO-TECHNO, with its tendering and product databases AUSSCHREIBUNG.AT and BAUDATENBANK.AT, has built up a reputation as a digital contact point for the Austrian construction sector.
The Binder Grösswang team was led by Partner Florian Khol and Attorney-at-Law Christoph Schober (M&A/corporate), and included Partner Clemens Willvonseder (tax law), Senior Associate Manuel Müllner (employment law), Partner Ivo Runng and Counsel Hellmut Buchroithner (IP/IT), Associate Anian Gruber and Associate Florian Gruber (regulatory law), as well as Partner Markus Uitz and Associate Artan Duraku (real estate law).
Further information on the previous course of the transaction is available here: https://www.bindergroesswang.at/news/2021/binder-groesswang-beriet-olmero-ag-beim-erwerb-der-info-techno-baudatenbank-gmbh-von-der-weka-gruppe/