Vienna, 28 February 2025: Fellner Wratzfeld & Partner Rechtsanwälte (fwp) successfully advises an international banking consortium of eight banks on the restructuring and acquisition of MEGATECH Industries GmbH by the Italian SAPA Group. Advice included the transfer of outstanding loans and the related release of collateral in several jurisdictions. By today's closing the transaction was successfully completed.

The Megatech Group, which is a multinational player in the field of automotive parts supplies, was fully taken over by the Italian SAPA Group, which specialises in plastic and light components. In the course of the transaction the outstanding loans of the Megatech Group were transferred to SAPA S.p.A. and the related collateral was released in several jurisdictions. The takeover of the multinational automotive part supplier by the Italian SAPA Group will open new strategic opportunities intended to sustainably strengthen the growth and competitiveness of both companies.

Closing took place on 28 February 2025.

In the course of this complex takeover fwp comprehensively advised a consortium of eight international banks on financial restructuring and transferring of outstanding loans. Legal aspects under German law were coordinated and successfully implemented in cooperation with the business law firm NOERR.

"The successful cooperation once more underlines our competence in providing legal advice on complex financial transactions and we are pleased that our clients have relied on the far-reaching expertise of fwp in this complex international transaction," says fwp partner Markus Fellner, acting as the legal advisor of the deal together with his team.

The fwp advisory team

Markus Fellner (fwp partner)

Peter Stiegler (fwp attorney)

Florian Henöckl (fwp attorney)

Maximilian Heinz (fwp associate)

Claus Wintersteller (fwp associate)

Mark Timar (fwp associate)

Wolfgang Plischnack (fwp associate)