Wolf Theiss is advising Harvia Group Oy in its acquisition of Sentiotec GmbH, the sauna and wellness division of abatec Group.
With the acquisition Harvia becomes a true European one-stop-shop for saunas in both professional and consumer markets. This creates an excellent foundation for Harvia’s growth in Central Europe and for the company’s leadership in the sauna industry, which is facing diversification and digitalization.
Harvia Ltd, Finland’s market leader and the world’s leading sauna heater manufacturer, has acquired Austrian Sentiotec GmbH, which has a net revenue of 8 million euros.
Sentiotec is specialized in sauna interiors, infrared saunas and steam rooms, digital control units, sauna products and electric sauna heaters.
Wolf Theiss is advising Harvia Group on the deal with a team led by Partner Michael Lind (Corporate/M&A, in picture). He is advising in Austria by Günter Bauer (Partner, Antitrust), Roland Marko (Partner, IP/IT), Matthias Unterrieder (Partner, Employment), Jochen Anweiler (Counsel, Antitrust), Katrin Stauber (Senior Associate, Corporate/M&A), Stefan Weishaupt (Senior Associate, Real Estate), Paulina Pomorski (Consultant, IP/IT), Markus Reinfeld (Associate, Corporate/M&A), Iris Riepan (Associate, Real Estate) and Anna Schwamberger (Associate, Employment).
In Romania is acting a team led by Bryan Jardine (Partner), Ileana Glodeanu (Partner), Adrian Ster (Partner), Adelina Iftime-Blagean (Senior Associate), Rodica Cruceru (Associate), Diana Stetiu (Associate), Carmen Apopei (Associate) and Anca Alexandrescu (Associate).
In Serbia are acting Natasa Lalovic Maric (Partner), Katarina Stojakovic (Senior Associate), Milos Andjelkovic (Senior Associate), Marijana Zejakovic (Senior Associate) Maja Stankovic (Senior Associate), Bojana Noskov (Associate), Alexander Ristic (Associate) and Nevana Skocic (Associate).
Involved fees earner: Michael Lind – Wolf Theiss; Katrin Stauber – Wolf Theiss; Markus Reinfeld – Wolf Theiss; Bryan Jardine – Wolf Theiss; Ileana Glodeanu – Wolf Theiss; Adelina Iftime-Blagean – Wolf Theiss; Rodica Cruceru – Wolf Theiss; Diana Stetiu – Wolf Theiss; Natasa Lalovic Maric – Wolf Theiss; Katarina Stojakovic – Wolf Theiss; Marijana Zejakovic – Wolf Theiss; Bojana Noskov – Wolf Theiss; Alexander Ristic – Wolf Theiss; Günter Bauer – Wolf Theiss; Jochen Anweiler – Wolf Theiss; Adrian Ster – Wolf Theiss; Carmen Apopei – Wolf Theiss; Maja Stankovic – Wolf Theiss; Roland Marko – Wolf Theiss; Paulina Pomorski – Wolf Theiss; Matthias Unterrieder – Wolf Theiss; Anna Schwamberger – Wolf Theiss; Stefan Weishaupt – Wolf Theiss; Iris Riepan – Wolf Theiss; Anca Alexandrescu – Wolf Theiss; Milos Andjelkovic – Wolf Theiss; Nevana Skocic – Wolf Theiss;
Law Firms: Wolf Theiss;
Clients: Harvia Group;