{"id":34056,"date":"2025-06-04T13:36:46","date_gmt":"2025-06-04T11:36:46","guid":{"rendered":"https:\/\/www.kern-unternehmensnachfolge.com\/?p=34056"},"modified":"2026-07-04T13:57:39","modified_gmt":"2026-07-04T11:57:39","slug":"cessione-di-attivi","status":"publish","type":"post","link":"https:\/\/staging.kern.partners\/it\/asset-deal\/","title":{"rendered":"Acquis\u00adto di asset: aspet\u00adti importan\u00adti per un acquis\u00adto d\u2019azi\u00aden\u00adda sicuro"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Un <strong>Compra\u00adven\u00addita di azien\u00adda<\/strong> \u00e8 una forma speci\u00adfi\u00adca di acqui\u00adsi\u00adzio\u00adne aziend\u00ada\u00adle in cui si concen\u00adtra\u00adno singo\u00adli beni selezio\u00adna\u00adti. A diffe\u00adren\u00adza della transa\u00adzio\u00adne di azioni, in cui vengo\u00adno acqui\u00adsi\u00adte azioni comple\u00adte della socie\u00adt\u00e0, l\u2019asset deal consen\u00adte una selezio\u00adne mirata di speci\u00adfi\u00adci <strong>Beni econo\u00admici<\/strong> come macchi\u00adne, immobi\u00adli, brevet\u00adti o scorte.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Questa forma di transa\u00adzio\u00adne sta acqui\u00adsen\u00addo parti\u00adco\u00adla\u00adre import\u00adan\u00adza nelle comples\u00adse situa\u00adzio\u00adni di M<span class=\"amp\">&amp;<\/span>A, poich\u00e9 pu\u00f2 offri\u00adre signi\u00adfi\u00adca\u00adti\u00advi vantag\u00adgi strate\u00adgi\u00adci sia agli acqui\u00adren\u00adti che ai vendito\u00adri. In quali\u00adt\u00e0 di esper\u00adti in <a href=\"https:\/\/staging.kern.partners\/it\/m-a-beratung\/\" target=\"_self\" rel=\"noopener noreferrer\"><strong>Consu\u00adlen\u00adza M<span class=\"amp\">&amp;<\/span>A con garan\u00adzia di succes\u00adso<\/strong><\/a> abbia\u00admo gi\u00e0 <strong>oltre 2.500 manda\u00adti di succes\u00adsio\u00adne accom\u00adpa\u00adgna\u00adti con succes\u00adso<\/strong> esegui\u00adto e dispon\u00adgo di <strong>500.000+ acqui\u00adren\u00adti inter\u00ades\u00adsa\u00adti verifi\u00adca\u00adti<\/strong> nel nostro databa\u00adse inter\u00adno. Di segui\u00adto illus\u00adtria\u00admo gli aspet\u00adti essen\u00adzia\u00adli di un asset deal, le diffe\u00adren\u00adze rispet\u00adto a uno share deal e i casi tipici di appli\u00adca\u00adzio\u00adne, al fine di offrir\u00advi, in quali\u00adt\u00e0 di impren\u00addi\u00adto\u00adri o decis\u00ado\u00adri, un orien\u00adta\u00admen\u00adto fondato.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-sie-haben-nicht-viel-zeit-zu-lesen\">Non avete molto tempo per leggere?<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Compra\u00adven\u00addita di azien\u00adda<\/strong> = Acquis\u00adto di singo\u00adli asset invece di parte\u00adci\u00adpa\u00adzio\u00adni comple\u00adte nell\u2019azienda<\/li>\n\n\n\n<li><strong>Minimiz\u00adza\u00adzio\u00adne del rischio<\/strong> per gli acqui\u00adren\u00adti trami\u00adte selezio\u00adne mirata senza passi\u00advi\u00adt\u00e0 esistenti<\/li>\n\n\n\n<li><strong>Passag\u00adgio di gestio\u00adne<\/strong> ai sensi del \u00a7 613a <span class=\"caps\">BGB<\/span>, i rappor\u00adti di lavoro vengo\u00adno trasfe\u00adri\u00adti automaticamente<\/li>\n\n\n\n<li><strong>Succes\u00adsio\u00adne a titolo parti\u00adco\u00adla\u00adre<\/strong> richie\u00adde il trasfe\u00adri\u00admen\u00adto separa\u00adto di tutti i contrat\u00adti e&nbsp;asset<\/li>\n\n\n\n<li><a href=\"https:\/\/staging.kern.partners\/it\/due-diligence\/\" target=\"_self\" rel=\"noopener noreferrer\"><strong>Due Diligence<\/strong><\/a> e asset detta\u00adgli\u00ada\u00adto <a href=\"https:\/\/staging.kern.partners\/it\/contratto-di-acquisto-di-azioni\/\" target=\"_self\" rel=\"noopener noreferrer\">Contrat\u00adto di acquis\u00adto<\/a> (<span class=\"caps\">APA<\/span>) sono essenziali<\/li>\n\n\n\n<li><strong>Proce\u00addu\u00adra concor\u00adsua\u00adle<\/strong> consen\u00adti\u00adre una \u201ebonifi\u00adca per trasfe\u00adri\u00admen\u00adto\u201c senza siti contaminati<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>Indice<\/h2><nav><ul><li class><a href=\"#h-sie-haben-nicht-viel-zeit-zu-lesen\">Non avete molto tempo per leggere?<\/a><\/li><li class><a href=\"#h-grundlagen-was-ist-ein-asset-deal-und-wie-unterscheidet-er-sich-vom-share-deal\">Princi\u00adpi fonda\u00admen\u00adta\u00adli: che cos\u2019\u00e8 un asset deal e in cosa si diffe\u00adren\u00adzia da uno share&nbsp;deal?<\/a><ul><li class><a href=\"#h-asset-deal-bedeutung-kauf-einzelner-wirtschaftsguter\">Asset Deal Signi\u00adfi\u00adca\u00adto \u2013 Acquis\u00adto di singo\u00adli beni aziendali<\/a><\/li><li class><a href=\"#h-abgrenzung-zum-share-deal-die-kernunterschiede\">Distin\u00adzio\u00adne dalla cessio\u00adne di azioni \u2013 Le princi\u00adpa\u00adli differenze<\/a><\/li><li class><a href=\"#h-typische-anwendungsfalle-fur-einen-asset-deal\">Tipici scena\u00adri di appli\u00adca\u00adzio\u00adne per un accordo di&nbsp;asset<\/a><\/li><\/ul><\/li><li class><a href=\"#h-vor-und-nachteile-des-asset-deals-fur-kaufer-und-verkaufer\">Vantag\u00adgi e svantag\u00adgi dell\u2019as\u00adset deal per acqui\u00adren\u00adti e venditori<\/a><ul><li class><a href=\"#h-vorteile-fur-den-kaufer\">Vantag\u00adgi per l\u2019acquirente<\/a><\/li><li class><a href=\"#h-nachteile-fur-den-kaufer\">Svantag\u00adgi per l\u2019acquirente<\/a><\/li><li class><a href=\"#h-vor-und-nachteile-fur-den-verkaufer\">Vantag\u00adgi e svantag\u00adgi per il venditore<\/a><\/li><\/ul><\/li><li class><a href=\"#h-rechtliche-rahmenbedingungen-und-fallstricke-beim-asset-deal\">Contes\u00adto norma\u00adtivo ed insidie nell\u2019\u00adope\u00adra\u00adzio\u00adne di acquis\u00adto di&nbsp;asset<\/a><ul><li class><a href=\"#h-der-betriebsubergang-nach-613a-bgb\">Il trasfe\u00adri\u00admen\u00adto d\u2019azi\u00aden\u00adda ai sensi del \u00a7 613a del&nbsp;<span class=\"caps\">BGB<\/span><\/a><\/li><li class><a href=\"#h-ubertragung-von-vertragen-forderungen-und-verbindlichkeiten\">Cessio\u00adne di contrat\u00adti, credi\u00adti e debiti<\/a><\/li><li class><a href=\"#h-haftungsfragen-und-gewahrleistung\">Questio\u00adni di responsa\u00adbi\u00adli\u00adt\u00e0 e garanzia<\/a><\/li><\/ul><\/li><li class><a href=\"#h-der-asset-deal-in-der-praxis-ablauf-und-sonderfalle\">La compra\u00adven\u00addita di asset nella prati\u00adca: proce\u00addu\u00adra e casi speciali<\/a><ul><li class><a href=\"#h-typischer-ablauf-eines-asset-deals\">Tipico svolgi\u00admen\u00adto di una compra\u00adven\u00addita di attivi<\/a><\/li><li class><a href=\"#h-der-asset-deal-im-insolvenzverfahren\">L\u2019asset deal nella proce\u00addu\u00adra fallimentare<\/a><\/li><li class><a href=\"#h-asset-deal-bei-einzelunternehmen-und-immobilien\">Acquis\u00adto di cespi\u00adti da parte di un\u2019im\u00adpre\u00adsa indivi\u00addua\u00adle e immobili<\/a><\/li><\/ul><\/li><li class><a href=\"#fazit-asset-deal-als-strategisches-instrument-im-m-a-bereich\">Conclu\u00adsio\u00adne: Acqui\u00adsi\u00adzio\u00adne di asset come strumen\u00adto strate\u00adgi\u00adco nel setto\u00adre M<span class=\"amp\">&amp;<\/span>A<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-grundlagen-was-ist-ein-asset-deal-und-wie-unterscheidet-er-sich-vom-share-deal\">Princi\u00adpi fonda\u00admen\u00adta\u00adli: che cos\u2019\u00e8 un asset deal e in cosa si diffe\u00adren\u00adzia da uno share&nbsp;deal?<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-asset-deal-bedeutung-kauf-einzelner-wirtschaftsguter\">Asset Deal Signi\u00adfi\u00adca\u00adto \u2013 Acquis\u00adto di singo\u00adli beni aziendali<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Un <strong>Compra\u00adven\u00addita di azien\u00adda<\/strong> sta steht per l\u2019acqui\u00adsi\u00adzio\u00adne mirata di speci\u00adfi\u00adci asset aziend\u00ada\u00adli. Questi includo\u00adno, ad esempio, macchi\u00adna\u00adri, immobi\u00adli, brevet\u00adti o scorte. A diffe\u00adren\u00adza di <a href=\"https:\/\/staging.kern.partners\/it\/transazione-azionaria\/\">Compra\u00adven\u00addita di quote<\/a>, in cui parte\u00adci\u00adpa\u00adzio\u00adni socie\u00adta\u00adrie (come <a href=\"https:\/\/staging.kern.partners\/it\/vendere-quote-di-gmbh\/\" target=\"_self\" rel=\"noopener noreferrer\">Quote di GmbH<\/a> o azioni) acqui\u00adsi\u00adto, l\u2019asset deal si concen\u00adtra su <strong>singo\u00adli beni econo\u00admici<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">questa selezio\u00adne mirata \u2013 nota anche come \u201e<strong>Scelta selet\u00adti\u00adva<\/strong>\u201cnoto \u2013 consen\u00adte all\u2019ac\u00adqui\u00adren\u00adte di defini\u00adre esatta\u00admen\u00adte quali attivi\u00adt\u00e0 e, se del caso, quali passi\u00advi\u00adt\u00e0 devono essere assun\u00adte. Nell\u2019as\u00adset deal, l\u2019azi\u00aden\u00adda venditri\u00adce opera come entit\u00e0 giuri\u00addi\u00adca, mentre i soci non controll\u00adano dirett\u00adamen\u00adte il proces\u00adso di vendita.<\/p>\n\n\n\n<div style=\"height:36px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/06\/APA-Cherry-Picking-Prinzip.jpg\" alt=\"Abbildung zum Cherry Picking beim Asset Deal\" class=\"wp-image-34011\" style=\"width:779px;height:auto\" srcset=\"https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/06\/APA-Cherry-Picking-Prinzip.jpg 1024w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/06\/APA-Cherry-Picking-Prinzip-768x576.jpg 768w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/06\/APA-Cherry-Picking-Prinzip-16x12.jpg 16w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/06\/APA-Cherry-Picking-Prinzip-600x450.jpg 600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><\/figure>\n\n\n\n<div style=\"height:36px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-abgrenzung-zum-share-deal-die-kernunterschiede\">Distin\u00adzio\u00adne dalla cessio\u00adne di azioni \u2013 Le princi\u00adpa\u00adli differenze<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">La diffe\u00adren\u00adza essen\u00adzia\u00adle tra un <strong>Compra\u00adven\u00addita di azien\u00adda<\/strong> e uno <strong>Compra\u00adven\u00addita di quote<\/strong> risie\u00adde nel trasfe\u00adri\u00admen\u00adto della proprie\u00adt\u00e0. Nello Share Deal, si acquis\u00adt\u00ada\u00adno quote socie\u00adta\u00adrie, diven\u00adtan\u00addo cos\u00ec compro\u00adprie\u00adta\u00adri dell\u2019in\u00adte\u00adra impre\u00adsa. In questo caso, la socie\u00adt\u00e0 rimane come sogget\u00adto giurid\u00adico e tutti i dirit\u00adti e obblighi trasfe\u00adri\u00adti con il cambio di propriet\u00e0.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Al contra\u00adrio, con l\u2019asset deal cambia solo il <strong>Proprie\u00adta\u00adri dei singo\u00adli beni<\/strong>, mentre l\u2019azi\u00aden\u00adda acqui\u00adren\u00adte pu\u00f2 defini\u00adre esatta\u00admen\u00adte quali contrat\u00adti e debiti devono essere rileva\u00adti. Questa diffe\u00adren\u00adzia\u00adzio\u00adne non influis\u00adce solo sull\u2019as\u00adsun\u00adzio\u00adne di responsa\u00adbi\u00adli\u00adt\u00e0, ma riguar\u00adda anche la comples\u00adsi\u00adt\u00e0 del trasfe\u00adri\u00admen\u00adto dei contratti.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Un confron\u00adto detta\u00adgli\u00ada\u00adto delle due strut\u00adtu\u00adre di accordo si trova nel nostro artico\u00adlo: <a href=\"https:\/\/staging.kern.partners\/it\/cessione-di-azioni-cessione-di-cespite\/\">Asset Deal contro Share&nbsp;Deal<\/a><\/p>\n\n\n\n<div style=\"height:36px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"697\" height=\"498\" src=\"https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/06\/Share-Deal-vs.-Asset-Deal-1.jpg\" alt=\"Gegen\u00fcberstellung zum Unterschied von Asset Deal &amp; Share Deal\" class=\"wp-image-34059\" style=\"width:623px;height:auto\" srcset=\"https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/06\/Share-Deal-vs.-Asset-Deal-1.jpg 697w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/06\/Share-Deal-vs.-Asset-Deal-1-18x12.jpg 18w\" sizes=\"auto, (max-width: 697px) 100vw, 697px\"><\/figure>\n\n\n\n<div style=\"height:36px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-typische-anwendungsfalle-fur-einen-asset-deal\">Tipici scena\u00adri di appli\u00adca\u00adzio\u00adne per un accordo di&nbsp;asset<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Asset Deals<\/strong> arriva\u00adno in parti\u00adco\u00adla\u00adre in situa\u00adzio\u00adni specia\u00adli. In questo modo un\u2019azi\u00aden\u00adda pu\u00f2 acqui\u00adsi\u00adre in modo mirato singo\u00adli <strong>Aree di attivi\u00adt\u00e0<\/strong> (<a rel=\"noopener noreferrer\" href=\"https:\/\/staging.kern.partners\/it\/ricavare\/\" target=\"_self\">Scissio\u00adne parzia\u00adle<\/a>) cedere, senza trasfer\u00adi\u00adre l\u2019inte\u00adra strut\u00adtu\u00adra aziend\u00ada\u00adle. In scena\u00adri di insol\u00adven\u00adza, un asset deal consen\u00adte spesso una possi\u00adbi\u00adli\u00adt\u00e0 di riscat\u00adto per le parti di un\u2019azi\u00aden\u00adda di valore, senza gravar\u00adsi comple\u00adta\u00admen\u00adte dei passi\u00advi pregressi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Anche nella vendita di <strong>Ditta indivi\u00addua\u00adle<\/strong>, in cui non esisto\u00adno quote socie\u00adta\u00adrie, la compra\u00adven\u00addita di attivi rappre\u00adsen\u00adta la proce\u00addu\u00adra usuale. Inolt\u00adre, questo metodo offre la possi\u00adbi\u00adli\u00adt\u00e0 di acqui\u00adsi\u00adre attivi strate\u00adgi\u00adca\u00admen\u00adte importan\u00adti senza dover assume\u00adre l\u2019inte\u00adra storia e strut\u00adtu\u00adra dell\u2019impresa.<\/p>\n\n\n\n<div style=\"height:36px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-7387b849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image aligncenter size-full\"><a href=\"https:\/\/staging.kern.partners\/it\/richiedere-consulenza\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"348\" src=\"https:\/\/staging.kern.partners\/wp-content\/uploads\/2022\/09\/KERN-Firmenuebernahme-Beratung-anfordern.jpg\" alt=\"Fordern Sie eine kostenlose Beratung zum Thema Firmen\u00fcbernahme an\" class=\"wp-image-24195\" srcset=\"https:\/\/staging.kern.partners\/wp-content\/uploads\/2022\/09\/KERN-Firmenuebernahme-Beratung-anfordern.jpg 500w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2022\/09\/KERN-Firmenuebernahme-Beratung-anfordern-300x209.jpg 300w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2022\/09\/KERN-Firmenuebernahme-Beratung-anfordern-18x12.jpg 18w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\"><\/a><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1140\" height=\"700\" src=\"https:\/\/staging.kern.partners\/wp-content\/uploads\/2026\/01\/Standorte-KERN_10.2025.webp\" alt=\"Sedi-KERN_10.2025\" class=\"wp-image-35545\" srcset=\"https:\/\/staging.kern.partners\/wp-content\/uploads\/2026\/01\/Standorte-KERN_10.2025.webp 1140w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2026\/01\/Standorte-KERN_10.2025-768x472.webp 768w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2026\/01\/Standorte-KERN_10.2025-18x12.webp 18w\" sizes=\"auto, (max-width: 1140px) 100vw, 1140px\"><\/figure>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:36px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-vor-und-nachteile-des-asset-deals-fur-kaufer-und-verkaufer\">Vantag\u00adgi e svantag\u00adgi dell\u2019as\u00adset deal per acqui\u00adren\u00adti e venditori<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">La decis\u00adio\u00adne per un asset deal compor\u00adta sia vantag\u00adgi speci\u00adfi\u00adci che svantag\u00adgi per acqui\u00adren\u00adti e vendito\u00adri, in parti\u00adco\u00adla\u00adre per quanto riguar\u00adda <strong>Gestio\u00adne del rischio<\/strong>, aspet\u00adti fisca\u00adli e cessio\u00adni di contratto.<\/p>\n\n\n\n<div style=\"height:36px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"699\" height=\"440\" src=\"https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/06\/Vor-und-Nachteile-Share-Deal.jpg\" alt=\"Vorteile und Nachteile Asset Deal und Share Deal\" class=\"wp-image-34060\" srcset=\"https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/06\/Vor-und-Nachteile-Share-Deal.jpg 699w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/06\/Vor-und-Nachteile-Share-Deal-18x12.jpg 18w\" sizes=\"auto, (max-width: 699px) 100vw, 699px\"><\/figure>\n\n\n\n<div style=\"height:36px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-vorteile-fur-den-kaufer\">Vantag\u00adgi per l\u2019acquirente<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Per gli acqui\u00adren\u00adti, l\u2019asset deal offre princi\u00adpal\u00admen\u00adte il poten\u00adzia\u00adle di <strong>Minimiz\u00adza\u00adzio\u00adne del rischio<\/strong>. Durch den geziel\u00adten Erwerb einzel\u00adner Verm\u00f6\u00adgens\u00adwer\u00adte wird vermie\u00adden, dass unbekann\u00adte Verbind\u00adlich\u00adkei\u00adten oder Rechts\u00adri\u00adsi\u00adken der Zielge\u00adsell\u00adschaft automa\u00adtisch \u00fcbernom\u00admen werden \u2013 ausge\u00adnom\u00admen spezi\u00adel\u00adler gesetz\u00adli\u00adcher Regelun\u00adgen wie etwa \u00a7 25 <span class=\"caps\">HGB<\/span> oder \u00a7 75 <span class=\"caps\">AO<\/span>. Zudem erm\u00f6g\u00adlicht der selek\u00adti\u00adve Ansatz dem K\u00e4ufer eine hohe <strong>Flexi\u00adbi\u00adli\u00adt\u00e4t<\/strong>: Es werden ausschlie\u00df\u00adlich die gew\u00fcnsch\u00adten Wirtschafts\u00adg\u00fc\u00adter erwor\u00adben, was insbe\u00adson\u00adde\u00adre bei strate\u00adgi\u00adschen Entschei\u00addun\u00adgen von Vorteil ist.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Steuer\u00adlich bieten sich oft positi\u00adve Perspek\u00adti\u00adven, da erwor\u00adbe\u00adne Assets in der Regel mit ihren Anschaf\u00adfungs\u00adkos\u00adten abgeschrie\u00adben werden k\u00f6nnen \u2013 ein sogenann\u00adter <strong>\u201eStep-up\u201c-Effekt<\/strong> kann hier die steuer\u00adli\u00adche Belas\u00adtung sp\u00fcrbar reduzie\u00adren. Nicht zuletzt schafft der Asset Deal Klarheit \u00fcber den exakten Umfang der erwor\u00adbe\u00adnen Verm\u00f6genswerte.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-nachteile-fur-den-kaufer\">Svantag\u00adgi per l\u2019acquirente<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Trotz der zahlrei\u00adchen Vortei\u00adle ist ein Asset Deal in der Praxis oft mit einem h\u00f6heren <strong>adminis\u00adtra\u00adti\u00adven Aufwand<\/strong> verbun\u00adden. Jedes einzel\u00adne Asset muss detail\u00adliert identi\u00adfi\u00adziert, bewer\u00adtet und vertrag\u00adlich pr\u00e4zi\u00adse \u00fcbertra\u00adgen werden. Diese Indivi\u00addua\u00adli\u00adsie\u00adrung f\u00fchrt zu komple\u00adxen Kaufver\u00adtr\u00e4\u00adgen (<strong>Asset Purcha\u00adse Agree\u00adment<\/strong> \u2013 <span class=\"caps\">APA<\/span>), in denen s\u00e4mtli\u00adche Beson\u00adder\u00adhei\u00adten festzu\u00adhal\u00adten&nbsp;sind.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ein weite\u00adrer kriti\u00adscher Punkt sind die <a rel=\"noopener noreferrer\" href=\"https:\/\/staging.kern.partners\/en\/gmbh-kaufen\/\" target=\"_self\">bestehen\u00adden<\/a> <strong>Contrat\u00adti<\/strong>: Kunden-, Liefe\u00adran\u00adten- oder Mietver\u00adtr\u00e4\u00adge gehen nicht automa\u00adtisch \u00fcber und erfor\u00addern h\u00e4ufig die Zustim\u00admung der jewei\u00adli\u00adgen Vertrags\u00adpart\u00adner \u2013 ein Umstand, der insbe\u00adson\u00adde\u00adre nach \u00a7 415 <span class=\"caps\">BGB<\/span> relevant ist. Au\u00dfer\u00addem k\u00f6nnen Arbeits\u00adver\u00adtr\u00e4\u00adge im Rahmen eines Betriebs\u00ad\u00fcber\u00adgangs nach <a rel=\"noopener noreferrer\" href=\"https:\/\/www.gesetze-im-internet.de\/bgb\/__613a.html\" target=\"_blank\"><strong>\u00a7 613a <span class=\"caps\">BGB<\/span><\/strong><\/a> automa\u00adtisch auf den Erwer\u00adber \u00fcberge\u00adhen, was zus\u00e4tz\u00adli\u00adche Abstim\u00admungs- und Infor\u00adma\u00adti\u00adons\u00adpflich\u00adten mit sich bringt.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-vor-und-nachteile-fur-den-verkaufer\">Vantag\u00adgi e svantag\u00adgi per il venditore<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Auch f\u00fcr den Verk\u00e4u\u00adfer birgt der Asset Deal <strong>Vantag\u00adgi<\/strong>. Er kann gezielt nur bestimm\u00adte Teile des Unter\u00adneh\u00admens ver\u00e4u\u00ad\u00dfern, w\u00e4hrend verblei\u00adben\u00adde Assets und Verbind\u00adlich\u00adkei\u00adten beim Unter\u00adneh\u00admen verblei\u00adben. Dies erm\u00f6g\u00adlicht eine fokus\u00adsier\u00adte <strong>Umstruk\u00adtu\u00adrie\u00adrung<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Aller\u00addings weist der Asset Deal h\u00e4ufig <strong>steuer\u00adli\u00adche Nachtei\u00adle<\/strong> auf. Auf Unter\u00adneh\u00admens\u00adebe\u00adne k\u00f6nnen stille Reser\u00adven aufge\u00addeckt und entspre\u00adchend besteu\u00adert werden \u2013 ein Aspekt, der den gesam\u00adten Trans\u00adak\u00adti\u00adons\u00adpro\u00adzess komple\u00adxer und kostspie\u00adli\u00adger macht. Zudem entsteht nach dem Verkauf oft eine \u201eleere H\u00fclle\u201c, deren weite\u00adre Verwal\u00adtung oder gegebe\u00adnen\u00adfalls Liqui\u00adda\u00adti\u00adon zus\u00e4tz\u00adli\u00adchen Aufwand verursacht.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/webinare.kern-unternehmensnachfolge.com\/13054\/8235\/unternehmensverkauf_ohne_risiko_und_wertverlust.html?mode=N&amp;v=4\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"2048\" height=\"700\" src=\"https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/05\/Webinar-Unternehmensverkauf.jpg\" alt=\"Banner per webinar: cessione d'azienda\" class=\"wp-image-33948\" srcset=\"https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/05\/Webinar-Unternehmensverkauf.jpg 2048w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/05\/Webinar-Unternehmensverkauf-768x263.jpg 768w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/05\/Webinar-Unternehmensverkauf-1536x525.jpg 1536w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/05\/Webinar-Unternehmensverkauf-18x6.jpg 18w\" sizes=\"auto, (max-width: 2048px) 100vw, 2048px\"><\/a><\/figure>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-rechtliche-rahmenbedingungen-und-fallstricke-beim-asset-deal\">Contes\u00adto norma\u00adtivo ed insidie nell\u2019\u00adope\u00adra\u00adzio\u00adne di acquis\u00adto di&nbsp;asset<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Ein Asset Deal ist recht\u00adlich anspruchs\u00advoll und birgt insbe\u00adson\u00adde\u00adre beim <strong>Passag\u00adgio di gestio\u00adne<\/strong> und bei der \u00dcbertra\u00adgung von Vertr\u00e4\u00adgen gewis\u00adse Fallstri\u00adcke, die es zu beach\u00adten&nbsp;gilt.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-der-betriebsubergang-nach-613a-bgb\">Il trasfe\u00adri\u00admen\u00adto d\u2019azi\u00aden\u00adda ai sensi del \u00a7 613a del&nbsp;<span class=\"caps\">BGB<\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Ein zentra\u00adler recht\u00adli\u00adcher Aspekt im Rahmen eines Asset Deals ist der <strong>Passag\u00adgio di gestio\u00adne<\/strong>. Dieser liegt vor, wenn eine wirtschaft\u00adli\u00adche Einheit ganz oder teilwei\u00adse an den Erwer\u00adber \u00fcbergeht. Alle Arbeits\u00adver\u00adh\u00e4lt\u00adnis\u00adse, die diesem Betrieb zugeord\u00adnet sind, gehen dann <strong>automa\u00adtisch<\/strong> auf den neuen Inhaber \u00fcber.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dies verpflich\u00adtet den alten wie auch den neuen Arbeit\u00adge\u00adber zu umfas\u00adsen\u00adden <strong>Infor\u00adma\u00adti\u00adons\u00adpflich\u00adten<\/strong> gegen\u00ad\u00fcber den betrof\u00adfe\u00adnen Arbeitnehmer:innen. Ferner besteht ein Wider\u00adspruchs\u00adrecht: Betrof\u00adfe\u00adne Mitarbeiter:innen k\u00f6nnen inner\u00adhalb eines Monats, nachdem sie \u00fcber den \u00dcbergang infor\u00admiert wurden, diesem widersprechen.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-ubertragung-von-vertragen-forderungen-und-verbindlichkeiten\">Cessio\u00adne di contrat\u00adti, credi\u00adti e debiti<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Im Rahmen eines Asset Deals gilt der Grund\u00adsatz der <strong>Succes\u00adsio\u00adne a titolo parti\u00adco\u00adla\u00adre<\/strong>: Jeder Verm\u00f6\u00adgens\u00adge\u00adgen\u00adstand und jede Verbind\u00adlich\u00adkeit muss separat \u00fcbertra\u00adgen werden. Dies betrifft beispiels\u00adwei\u00adse bestehen\u00adde Vertr\u00e4\u00adge, welche in der Regel nicht ohne <strong>Zustim\u00admung<\/strong> des jewei\u00adli\u00adgen Vertrags\u00adpart\u00adners \u00fcbergehen.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Auch die Abtre\u00adtung von Forde\u00adrun\u00adgen erfolgt in Einzel\u00adf\u00e4l\u00adlen \u2013 oft als <strong>stille Abtre\u00adtung<\/strong>, um den Fortgang der Gesch\u00e4fts\u00adbe\u00adzie\u00adhun\u00adgen nicht zu st\u00f6ren. Beson\u00adders zu beach\u00adten sind dabei auch Daten\u00adschutz\u00adaspek\u00adte, wenn etwa Kunden\u00adda\u00adten \u00fcbertra\u00adgen werden. Die <strong><span class=\"caps\">DSGVO<\/span><\/strong> schreibt vor, dass entwe\u00adder eine expli\u00adzi\u00adte Einwil\u00adli\u00adgung der Betrof\u00adfe\u00adnen oder ein \u00fcberwie\u00adgen\u00addes berech\u00adtig\u00adtes Inter\u00ades\u00adse des \u00dcberneh\u00admers vorlie\u00adgen&nbsp;muss.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-haftungsfragen-und-gewahrleistung\">Questio\u00adni di responsa\u00adbi\u00adli\u00adt\u00e0 e garanzia<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Grund\u00ads\u00e4tz\u00adlich \u00fcbernimmt der K\u00e4ufer im Rahmen eines Asset Deals <strong>keine Haftung<\/strong> f\u00fcr Altver\u00adbind\u00adlich\u00adkei\u00adten des Verk\u00e4u\u00adfers. Aller\u00addings bestehen gesetz\u00adli\u00adche Ausnah\u00admen: So kann beispiels\u00adwei\u00adse bei einer Firmen\u00adfort\u00adf\u00fch\u00adrung nach <strong>\u00a7 25 <span class=\"caps\">HGB<\/span><\/strong> eine Haftung eintre\u00adten, sofern diese nicht ausdr\u00fcck\u00adlich ausge\u00adschlos\u00adsen und im Handels\u00adre\u00adgis\u00adter vermerkt wurde.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Wichtig ist auch die <strong>Gew\u00e4hr\u00adleis\u00adtung<\/strong> f\u00fcr die erwor\u00adbe\u00adnen Assets. Diese wird \u00fcblicher\u00adwei\u00adse im Asset Purcha\u00adse Agree\u00adment (<span class=\"caps\">APA<\/span>) detail\u00adliert festge\u00adlegt \u2013 hier sind klare Verein\u00adba\u00adrun\u00adgen \u00fcber Garan\u00adtien und Haftungs\u00adaus\u00adschl\u00fcs\u00adse essen\u00adzi\u00adell, um sp\u00e4te\u00adre Strei\u00adtig\u00adkei\u00adten zu vermeiden.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-der-asset-deal-in-der-praxis-ablauf-und-sonderfalle\">La compra\u00adven\u00addita di asset nella prati\u00adca: proce\u00addu\u00adra e casi speciali<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Die Durch\u00adf\u00fch\u00adrung eines Asset Deals erfor\u00addert eine struk\u00adtu\u00adrier\u00adte Vorge\u00adhens\u00adwei\u00adse und beson\u00adde\u00adre Aufmerk\u00adsam\u00adkeit in Sonder\u00adkon\u00adstel\u00adla\u00adtio\u00adnen wie <strong>Insol\u00advenz\u00adf\u00e4l\u00adlen<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-typischer-ablauf-eines-asset-deals\">Tipico svolgi\u00admen\u00adto di una compra\u00adven\u00addita di attivi<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">An erster Stelle steht immer die umfas\u00adsen\u00adde <strong>Vorbe\u00adrei\u00adtung<\/strong>. Eine inten\u00adsi\u00adve Due Diligence sichert die Pr\u00fcfung aller gew\u00fcnsch\u00adten Assets sowie m\u00f6gli\u00adcher wirtschaft\u00adli\u00adcher und recht\u00adli\u00adcher Risiken. Auf dieser Basis werden detail\u00adlier\u00adte Vertrags\u00adver\u00adhand\u00adlun\u00adgen gef\u00fchrt, bei denen das <strong>Asset Purcha\u00adse Agree\u00adment<\/strong> (<span class=\"caps\">APA<\/span>) alle zu \u00fcbertra\u00adgen\u00adden Wirtschafts\u00adg\u00fc\u00adter und eventu\u00adel\u00adle Verbind\u00adlich\u00adkei\u00adten genau spezifiziert.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Der Prozess gliedert sich typischer\u00adwei\u00adse in das <strong>Signing<\/strong> \u2013 die Unter\u00adzeich\u00adnung des Vertrags \u2013 und das anschlie\u00ad\u00dfen\u00adde <a rel=\"noopener noreferrer\" href=\"https:\/\/staging.kern.partners\/it\/chiusura\/\" target=\"_self\"><strong>Chiusu\u00adra<\/strong><\/a>, in dem nach Erf\u00fcl\u00adlung aller vertrag\u00adli\u00adchen Bedin\u00adgun\u00adgen die tats\u00e4ch\u00adli\u00adche \u00dcbertra\u00adgung der Assets erfolgt. Bei bestimm\u00adten Verm\u00f6\u00adgens\u00adwer\u00adten, wie beispiels\u00adwei\u00adse Grund\u00adst\u00fc\u00adcken oder GmbH-Antei\u00adlen, ist zudem eine notari\u00adel\u00adle Beurkun\u00addung erforderlich.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-der-asset-deal-im-insolvenzverfahren\">L\u2019asset deal nella proce\u00addu\u00adra fallimentare<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Im Rahmen von Insol\u00advenz\u00adver\u00adfah\u00adren wird oft die <strong>\u201e\u00fcbertra\u00adgen\u00adde Sanie\u00adrung\u201c<\/strong> prakti\u00adziert. Hierbei erfolgt der Kauf der werthal\u00adti\u00adgen und unbelas\u00adte\u00adten Assets direkt vom <strong>Insol\u00advenz\u00adver\u00adwal\u00adter<\/strong>. Dies bietet K\u00e4ufern die M\u00f6glich\u00adkeit, gezielt \u201eRosinen zu picken\u201c \u2013 also nur jene Verm\u00f6\u00adgens\u00adwer\u00adte zu erwer\u00adben, die frei von Altlas\u00adten&nbsp;sind.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dennoch gilt es, m\u00f6gli\u00adche Risiken wie rufsch\u00e4\u00addi\u00adgen\u00adde Effek\u00adte oder tiefe\u00adre Komple\u00adxi\u00adt\u00e4t im Insol\u00advenz\u00adrecht zu ber\u00fccksichtigen.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-asset-deal-bei-einzelunternehmen-und-immobilien\">Acquis\u00adto di cespi\u00adti da parte di un\u2019im\u00adpre\u00adsa indivi\u00addua\u00adle e immobili<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Beson\u00adders im Verkauf von <strong>Ditta indivi\u00addua\u00adle<\/strong> ist der Asset Deal die vorherr\u00adschen\u00adde Metho\u00adde, da hier keine Gesell\u00adschafts\u00adan\u00adtei\u00adle existie\u00adren, die den \u00dcbertra\u00adgungs\u00adpro\u00adzess verein\u00adfa\u00adchen k\u00f6nnten. Beim <strong>Immobi\u00adli\u00aden\u00adkauf<\/strong> als Asset kommt zudem die notari\u00adel\u00adle Beurkun\u00addung des Kaufver\u00adtrags zum Tragen, und es fallen grund\u00ader\u00adwerb\u00adsteu\u00ader\u00adli\u00adche Verpflich\u00adtun\u00adgen&nbsp;an.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Diese spezi\u00adel\u00adlen Regelun\u00adgen machen deutlich, wie wichtig eine pr\u00e4zi\u00adse vertrag\u00adli\u00adche Ausge\u00adstal\u00adtung im Rahmen eines Asset Deals&nbsp;ist.<\/p>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/staging.kern.partners\/it\/valore-aziendale-calcolare-ecco-come-e-facile\/\"><img loading=\"lazy\" decoding=\"async\" width=\"2048\" height=\"700\" src=\"https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/05\/Unternehmensbewertung-Rechner.jpg\" alt=\"Teaser f\u00fcr den Unternehmenswert Rechner von KERN\" class=\"wp-image-33909\" srcset=\"https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/05\/Unternehmensbewertung-Rechner.jpg 2048w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/05\/Unternehmensbewertung-Rechner-768x263.jpg 768w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/05\/Unternehmensbewertung-Rechner-1536x525.jpg 1536w, https:\/\/staging.kern.partners\/wp-content\/uploads\/2025\/05\/Unternehmensbewertung-Rechner-18x6.jpg 18w\" sizes=\"auto, (max-width: 2048px) 100vw, 2048px\"><\/a><\/figure>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"fazit-asset-deal-als-strategisches-instrument-im-m-a-bereich\">Conclu\u00adsio\u00adne: Acqui\u00adsi\u00adzio\u00adne di asset come strumen\u00adto strate\u00adgi\u00adco nel setto\u00adre M<span class=\"amp\">&amp;<\/span>A<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Il <strong>Compra\u00adven\u00addita di azien\u00adda<\/strong> stellt eine wertvol\u00adle Alter\u00adna\u00adti\u00adve zum Share Deal dar, insbe\u00adson\u00adde\u00adre wenn es um die geziel\u00adte \u00dcbernah\u00adme spezi\u00adfi\u00adscher Verm\u00f6\u00adgens\u00adwer\u00adte geht. W\u00e4hrend K\u00e4ufer von der <strong>Minimiz\u00adza\u00adzio\u00adne del rischio<\/strong> und der Flexi\u00adbi\u00adli\u00adt\u00e4t bei der Asset-Auswahl profi\u00adtie\u00adren, m\u00fcssen sie gleich\u00adzei\u00adtig den erh\u00f6h\u00adten adminis\u00adtra\u00adti\u00adven Aufwand und die Komple\u00adxi\u00adt\u00e4t bei der Vertrags\u00ad\u00fcber\u00adtra\u00adgung ber\u00fccksichtigen.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Beson\u00adders in <strong>Insol\u00advenz\u00adsze\u00adna\u00adri\u00aden<\/strong> oder beim Verkauf von Einzel\u00adun\u00adter\u00adneh\u00admen erweist sich der Asset Deal als prakti\u00adka\u00adble L\u00f6sung. Die recht\u00adli\u00adchen Rahmen\u00adbe\u00addin\u00adgun\u00adgen \u2013 insbe\u00adson\u00adde\u00adre der <strong>Betriebs\u00ad\u00fcber\u00adgang nach \u00a7 613a <span class=\"caps\">BGB<\/span><\/strong> und die Einzel\u00adrechts\u00adnach\u00adfol\u00adge \u2013 erfor\u00addern jedoch eine sorgf\u00e4l\u00adti\u00adge Vorbe\u00adrei\u00adtung und profes\u00adsio\u00adnel\u00adle Begleitung.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Eine umfas\u00adsen\u00adde <strong>Due Diligence<\/strong> und ein detail\u00adliert ausge\u00adar\u00adbei\u00adte\u00adtes Asset Purcha\u00adse Agree\u00adment sind unerl\u00e4ss\u00adlich f\u00fcr den Erfolg der Trans\u00adak\u00adti\u00adon. Angesichts der Komple\u00adxi\u00adt\u00e4t sollten Unter\u00adneh\u00admer auf die Exper\u00adti\u00adse erfah\u00adre\u00adner M<span class=\"amp\">&amp;<\/span>A-Berater setzen, um sowohl recht\u00adli\u00adche Fallstri\u00adcke zu vermei\u00adden als auch die optima\u00adle Struk\u00adtur f\u00fcr ihre spezi\u00adfi\u00adsche Situa\u00adti\u00adon zu finden. Wir beraten Sie&nbsp;gern.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>","protected":false},"excerpt":{"rendered":"<p>Ein Asset Deal ist eine spezifische Form des Unternehmenskaufs, bei der einzelne, ausgew\u00e4hlte Verm\u00f6genswerte im Fokus stehen. Im Gegensatz zum [&hellip;]<\/p>\n","protected":false},"author":57,"featured_media":34058,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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