20.1.2015
News
M&A

KŠB Advises on Sale of AWT

The BMM Group, which manages Zdeněk and Michaela Bakalas’s Czech assets, agreed with the other shareholders at the end of the year to sell a majority stake in AWT to PKP Cargo, the largest Polish railway cargo carrier. The deal is expected to be completed in the first half of 2015 following regulator approval. KŠB advised the seller.

The majority owner of AWT, investor Zdeněk Bakala and his family, sold an 80% stake in Advanced World Transport B.V. to the Polish carrier.

The remaining stake continues to be held by Minezit SE, controlled by René Holeček, which with KŠB’s assistance entered into a shareholder agreement with PKP Cargo.

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Kocián Šolc Balaštík provided comprehensive legal counsel to the PPF Group in connection with the cross-border conversion of its holding structure from the Netherlands to the Czech Republic. KŠB’s team, led by partner Jan Lasák, played a central role with structuring the reorganisation and preparing the key documentation.

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KŠB ranked among the largest law firms in the Czech Republic by Forbes

Kocián Šolc Balaštík has been ranked among the largest law firms in the Czech Republic in the Forbes overview of leading legal practices, based on revenues over the past three years.

Kocián Šolc Balaštík has been ranked among the largest law firms in the Czech Republic in the Forbes overview of leading legal practices, based on revenues over the past three years.