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bpv Huegel advises The Specialist Group International B.V. on the acquisition of the personnel leasing division of Stadlmann Tec GmbH and the incorporation of STAR Stadlmann GmbH

bpv Huegel supported the Dutch The Specialist Group International B.V., a leading personnel service provider specialized in highly qualified personnel, in the incorporation of STAR Stadlmann GmbH and the acquisition of the personnel leasing division of the Austrian Stadlmann Tec GmbH.

  The bpv Huegel team led by Elke Napokoj advised the Dutch The Specialist Group International B.V. on the incorporation of STAR Stadlmann GmbH and the acquisition of the personnel leasing division of Stadlmann Tec GmbH. The advice of the bpv Huegel team included deal structuring, contract drafting, contract negotiations and all steps up to the closing and post-closing advice.

The Specialist Group International B.V., with its headquarters in Rotterdam, the Netherlands, is a leading personnel services provider that focuses on the provision of highly qualified personnel and supports clients in the chemical, infrastructure and renewable energy sectors. The Specialist Group International B.V. plays a key role in supporting their clients' energy transition and improving the security of Europe's energy infrastructure. With around 2,500 engineers, the group of companies around The Specialist Group International B.V. supports its clients in reducing the carbon footprint of operational facilities by promoting the expansion of renewable energy and the modernization of existing supply infrastructure.

Stadlmann Tec GmbH is an innovative engineering office and engineering service provider in the specialist fields of mechanical and plant engineering, technical informatics, electrical engineering and building services.

The Specialist Group International B.V. has recognized the enormous potential of Stadlmann Tec GmbH's personnel leasing business. Therefore, they joined forces with Ing. Ferdinand Stadlmann (Managing Director) and Mr Christoph Lang (Shareholder, Key Employee) to incorporate STAR Stadlmann GmbH and to acquire the personnel leasing division of Stadlmann Tec GmbH. Through this cooperation, it is expected to grow within Austria and to expand into new sectors in order to further ensure the future success of STAR Stadlmann GmbH.

The transaction was closed at the beginning of January 2023.

Advisors to The Specialist Group International B.V.: bpv Huegel Rechtsanwälte GmbH - Elke Napokoj (Lead, Corporate/M&A), Walter Niedermüller (Labour Law), Michaela Pelinka (M&A/Real Estate), Christian Klein (Corporate/M&A). Seite 2 von 2

Advisors to Stadlmann Tec GmbH: CERHA HEMPEL Rechtsanwälte GmbH – Dr. Thomas Trettnak, LL.M./CM, Mag. Wolfgang Schreiner and Mag. Bogdan Ilie Capra.