E+H (E+H Rechtsanwälte) | View firm profile
The law firms E+H and AKELA are pleased to announce the successful execution of a remarkable transaction: The Munich-based investment company VTC,represented by E+H, has acquired a majority stake in the Austrian scaleup Wood_Space. Wood_Space will receive a double-digit million amount of capital as part of the financing round.
The E+H team was led by partner Josef Schmidt, supported by associates Alexander Koschell and Anna Friedrich. Jana Eichmeyer and Karin Köller also provided support in employment law, Clemens Lanschützer and Alexander Moser in real estate, Helmut Liebel and Lukas Weber in IP/IT, and Georg Knafl in public law. Judith Feldner conducted the merger control audit. On the AKELA side, the transaction team was led by partners Christiane Feichter and Martin Kollar.
In a joint statement, E+H and AKELA said: “We are very pleased to have reached this important milestone for our clients. Given the current difficult market conditions, the execution of this significant financing round is all the more impressive. Our congratulations go to VTC and the Wood_Space team on this success.”
The law firms also emphasized their professional and cooperative partnership: “We thank each other for the excellent teamwork, which was always characterized by a high level of professionalism and collegiality, even under considerable time pressure.”
The investment by VTC not only gives Wood_Space a strategically strong partner, but also the financial basis to further drive the company’s innovative growth. Wood_Space is known as a pioneer in the field of sustainable timber construction solutions, and plans to use the newly acquired capital to drive forward both technological development and international expansion.
About Wood_Space: Wood_Space has quickly established itself as an up-and-coming company in Europe in the field of modular timber construction. The company specializes in the prefabrication of timber modules in 2D and 3D, which enables precise and resource-saving construction. With a focus on speed, simplicity, and cost efficiency for new construction projects, the company is revolutionizing the construction industry and making high-quality modular timber construction accessible for a wide range of customers and applications.
