BMWC advises Croatian construction companies AMM d.o.o. and VODOPRIVREDA VINKOVCI d.d. on the due diligence and subsequent hive-down of Croatian assets of Ludwig Pfeiffer Hoch- und Tiefbau GmbH & Co. KG and the acquisition of Ludwig Pfeiffer Adria GmbH from Ludwig Pfeiffer Hoch- und Tiefbau GmbH & Co. KG

BMWC has advised a consortium of Croatian construction companies comprising of AMM d.o.o. and VODOPRIVREDA VINKOVCI d.d., construction companies with extensive experience of working on public and other construction projects, inter alia with a focus on civil engineering works, on the due diligence and subsequent hive-down of all Croatian assets of Ludwig Pfeiffer Hoch- und Tiefbau GmbH & Co. KG, a German civil engineering company specializing in the construction of water supply and wastewater networks to the newly established Ludwig Pfeiffer Adria GmbH and the acquisition of all shares in Ludwig Pfeiffer Adria GmbH from Ludwig Pfeiffer Hoch- und Tiefbau GmbH & Co. KG.

The hive-down under the German transformation act was preceded by an insolvency plan, extensive coordination with the registry and insolvency court as well as the local Croatian contractors (water authorities in Zadar, Nin and Sinj) in order to maintain the public tenders in the context of the hive-down and the sale.

About Croatian buyer consortium

The Croatian buyer consortium comprising of AMM d.o.o. and VODOPRIVREDA VINKOVCI d.d. will continue the construction projects in Croatia and develop the business line construction of water supply and wastewater networks further.

About Ludwig Pfeiffer Hoch- und Tiefbau GmbH

The insolvent Ludwig Pfeiffer Hoch- und Tiefbau GmbH & Co. KG, which is under debtor-in-possession management, focussed on the construction of water supply and wastewater networks with regional and national construction projects for public clients, industrial and private customers.

Legal advisers of AMM d.o.o. and VODOPRIVREDA VINKOVCI d.d.:

BMWC (BRADVICA MARIĆ WAHL CESAREC SKERLEV d.o.o.):

Dr. Matthias Wahl (Lead Partner, Corporate/M&A, Restructuring & Insolvency),

Gabriele Wahl Cesarec (Partner, Public Procurement),

Jan Gebauer (Junior Partner, Corporate/M&A)

(all Zagreb, Croatia).

Legal advisers of Ludwig Pfeiffer Hoch- und Tiefbau GmbH & Co. KG:

Taylor Wessing:
Dr. Philip Cavaillès (Lead Partner, Corporate/M&A),together with a team of specialised colleagues of Taylor Wessingꞌs Corporate/M&A, Restructuring & Insolvency and tax practices.

General representative:

Thomas Rittmeister (Reimer Rechtsanwälte, Partner, Restructuring and Insolvency, Frankfurt a.M.)