“Acquisition and sale of family businesses”: Successful event by ScherbaumSeebacher and Spängler M&A
On 16 October, ScherbaumSeebacher hosted an event with Spängler M&A at the law firm’s offices in Vienna. Mag. Helmut Schmidt, LL.M., Partner at ScherbaumSeebacher, and Mag. Veronika Sturm-Haigermoser, Managing Partner at Spängler M&A, spoke on the subject of “Acquisition and sale of family businesses”. Both speakers presented various aspects of the purchase and sale of family businesses as well as the associated legal, economic and cultural challenges. The lectures were followed by a lively discussion and question and answer session on the part of the numerous participants as well as a buffet.
“As always in life, good planning and preparation are essential for a successful transaction process. It is no different when it comes to buying and selling family businesses – it is therefore important to deal with them in a timely manner and to consult experts and consultants,” says Mag. Helmut Schmidt, LL.M., partner at ScherbaumSeebacher.
“Since corporate succession within the family is not always an option, the acquisition and sale of family businesses is becoming increasingly important. Good preparation and a professional approach are essential. This is particularly due to the interdependencies between the entrepreneurial family and the family business and the differing interests of individual family members”, explains Mag. Veronika Sturm-Haigermoser, Managing Partner at Spängler M&A.