Raiffeisen Landesbank Kärnten to acquire a 51.1% stake in WHG from BayWa for €20m.

Synopsis

Raiffeisen Landesbank Kärnten, a commercial bank, agreed to acquire a 51.1% stake in WHG, an agriculture, technology, building materials, house and garden supplier, from BayWa, a trading company, for €20m.

Principals

target

LAGERHAUS

bidder

RAIFFEISENBANK

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Market Context

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Vendor Team (4)

maximilian p. krause

Partner at Jones Day

Lawyer

vendor

Deals

£ 164 M

Total Value

frank hiller

CEO at BAYWA AG

Manager

vendor

Deals

£ 110 M

Total Value

alexander ballmann

Partner at Jones Day

Lawyer

vendor

Deals

£ 202 M

Total Value

frank herkenhoff

Head of Corporate Communications at BAYWA AG

Manager

vendor

Deals

£ 164 M

Total Value

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