Trio of TELFA firms support M&A deal

Oberhammer Rechtsanwälte (Austria), Delsol Avocats (Belgium and France) and Dirkzwager (The Netherlands) assist PBS Holding AG in the acquisition of ADVEO Benelux.

Oberhammer Rechtsanwälte together with its co-members of TELFA – Trans European Law Firms Alliance, Delsol Avocats and Dirkzwager have assisted PBS Holding AG in the cross-border M&A transaction pursuant to which PBS Holding AG acquired 100% of the share capital of Adveo Belgium, including its subsidiary Adveo Netherlands (together Adveo Benelux) from the seller Adveo France.

PBS Holding AG and Adveo Benelux operate in the trade and distribution of stationery materials. PBS Holding AG is the Austrian parent company of an international group of companies (together PBS). PBS is one of the leading office supplies distributors and resellers in Central and Eastern Europe. Local sales and logistics teams in 10 countries serve more than 200,000 customers. More than 1,400 employees generated an annual turnover of more than EUR 430 million in 2023. PBS is multi-channel, which means taking a leading role in wholesale and direct sales in the respective countries.

The buyer, PBS Holding AG, was assisted by (lead): Oberhammer Rechtsanwälte with Christian Pindeus (Partner) and Moritz Pöttinger (Associate); Delsol Avocats with Sébastien Popijn and David Lohisse; Dirkzwager with Claudia van der Most and Mike van de Graaf, as well as further team members.