Renzenbrink & Partner advises HOCHTIEF on the sale of its stake in Olympia Odos
17. December 2024Renzenbrink & Partner advised HOCHTIEF PPP Solutions GmbH on the sale of the interests in the concession and operating companies for the Olympia Odos toll road to the other joint venture partners.
HOCHTIEF is a technically oriented, global infrastructure group with leading positions in the core activities of construction, services and concessions/public-private partnerships (PPP). HOCHTIEF PPP Solutions GmbH acts as a partner to the public sector in the integrated realization of major infrastructure projects and is a subsidiary of HOCHTIEF Solutions AG, which bundles the European core business.
The concession company OLYMPIA ODOS S.A. was founded in 2008 for the development and construction of the Olympia Odos project, the toll road 8 (Athens-Pyrgos). It is one of the most important Greek infrastructure projects for the development of the Peloponnese, Western Greece and Epirus. The regions of Attica, Peloponnese and Western Greece as well as the capital Athens will be connected to the port of Patras, Greece’s gateway to Europe.
Renzenbrink & Partner regularly advises HOCHTIEF on infrastructure projects, most recently on the sale of a stake in the A7 project company to BBGI.
The Renzenbrink & Partner team consisted of Dr. Andreas Stoll, Dr. Ulf Renzenbrink and John Varga (all Corporate/M&A). HOCHTIEF was advised on Greek law issues by the leading Greek law firm Koutalidis (Gregory Logothetis, Ioannis Kaptanis and team).