Wolf Theiss Rechtsanwaelte GmbH, a Vienna-based law firm specializing in central and eastern Europe, agreed to buy the Polish unit of Beiten Burkhardt Rechtsanwaltsgesellschaft mbH, marking the Austrian firm’s biggest acquisition as it expands in the region.
Wolf Theiss will add about 37 lawyers including 6 partners by acquiring the Warsaw office with effect from Jan. 1, the firm said in an e-mailed statement. Under the agreement, the two firms will cooperate in Poland on a project-by-project basis, according to the statement. A price wasn’t disclosed.
Wolf Theiss will have 14 offices and 340 lawyers in central, eastern and south eastern Europe after the acquisition, making it the largest integrated law firm in the region, Managing Partner Erik Steger said. The law firm aims tap rising demand for legal advice on takeovers and initial public offerings in Poland, which was the only country in the European Union to avoid a recession in 2009.
“We see Warsaw as a strategic location given the growth prospects of the Polish economy and believe it will provide significant opportunities and services,” he said.