E+H advised a fund managed by SOL Capital Management on the acquisition of 100% of the shares in the SIMPLON Group. The SIMPLON Group, a traditional manufacturer of premium bicycles, is known for its high-quality production, which takes place exclusively in Austria. The transaction aims to restructure and sustainably reorganize the Vorarlberg-based company. The takeover is subject to conditions precedent, in particular merger control approval by the competition authorities and legally binding confirmation of the restructuring plan. The contract signing took place on 11 December 2024. The restructuring plan meeting on the acceptance of the restructuring plan by the creditors took place on 12 December 2024.
SOL Capital Management is an Austrian financial investor specializing in turnaround and restructuring projects. With their extensive expertise in corporate restructuring and development, they will contribute significantly to the long-term stabilization of SIMPLON via their managed funds. With this transaction, SOL Capital Management is pursuing the goal of bolstering SIMPLON’s innovative strength and market leadership and securing the Austrian location in the long term.
Dr. Paul Niederkofler, Managing Partner at SOL Capital Management, emphasizes: “The legal advice provided by E+H was a decisive factor in the success of this transaction. The team supported us admirably with their expertise.”
Johannes Feilmair, Partner at E+H, adds: “We are delighted to have represented SOL Capital Management in this important matter. Such transactions are always characterized by time pressure and complex legal issues, and it is particularly nice to have contributed to a possible successful restart of a traditional Austrian company.”
E+H Team
Lead: Johannes Feilmair (Partner, Corporate + M&A, Real Estate), Marco Steiner (Partner, Corporate + M&A)
Further team members: Clemens Katzenbeisser (Associate, Corporate + M&A), Dieter Thalhammer (Partner, Antitrust), Karoline Hofmann (Partner, Banking + Finance, Restructuring + Insolvency), Jana Eichmeyer (Partner, Employment Law + Dispute Resolution), Karin Köller (Permanent Substitute / Attorney at Law, Employment Law), William Redl (Permanent Substitute / Attorney at Law, Antitrust), Alexandra Stadlober (Associate, Restructuring + Insolvency), Gabriel Straßer (Associate, Corporate + M&A, Real Estate), Matthias Pallisch (Associate, Corporate + M&A, Real Estate), Julia König (Associate, Antitrust Law), Paul Rois (Associate, Antitrust Law)
Press contact
Radostina Reiter
Head of Marketing & Communication
E+H Rechtsanwälte GmbH
+43 676 8364 359 | r.reiter@eh.at