News and developments
Binder Grösswang advised OLMeRO AG on the acquisition of INFO-TECHNO from WEKA Group
Binder Grosswang advised OLMeRO AG, a BYGGFAKTA Group subsidiary, on the acquisition of INFO-TECHNO Baudatenbank GmbH (“INFO-TECHNO”) from WEKA Group.
The closing of the transaction is subject to a regulatory approval in Austria and is expected to be completed in the second half-year of 2021.
With its online services AUSSCHREIBUNG.AT and BAUDATENBANK.AT, INFO-TECHNO, headquartered in Mondsee, Austria, has been a professionally competent partner to the construction industry in Austria since 1992. With more than 29 years of experience in the development and marketing of digital offerings, INFO- TECHNO is a professional contact for decision-makers at companies and corporations in the Austrian construction industry. INFO-TECHNO is the leading provider for digital management of construction projects in Austria offering professional tendering and product databases.
Byggfakta Group provides for a construction ecosystem connecting all participants and combining data and software led insights to drive sales for customers. Byggfakta Group operates through four business segments, Construction solutions Nordic (Sweden, Denmark, Norway and Finland), Construction solutions UK & International (UK, Australia and Canada), Construction solutions continental Europe (Portugal, Spain, Switzerland, Czech Republic and Slovakia) and Other operations (healthcare sector and niche media in the Nordic region).
With the acquisition of INFO-TECHNO, Byggfakta Group will further expand its geographical footprint in Europe.
The Binder Grösswang team was led by Partner Florian Khol and Senior Associate Christoph Schober (M&A/Corporate), and included Partner Clemens Willvonseder (Tax), Senior Associate Manuel Müllner (Employment), Partner Ivo Runng and Counsel Hellmut Buchroithner (both IP/IT), Associate Anian Gruber and Associate Florian Gruber (both Regulatory), as well as Partner Markus Uitz and Associate Artan Duraku (both Real Estate).