Kocián Šolc Balaštík has advised Boels with Czech aspects on over €1 billion financing of Boels' acquisition of Cramo by way of public offer
The financing was used to acquire all shares in Cramo plc (Cramo), a company that is listed on the Nasdaq Helsinki stock exchange. Boels acquired the shares by means of a voluntary recommended public cash tender offer, a subsequent offer, open market purchases and a subsequent squeeze out. Additionally, the loan financing serves to refinance existing indebtedness of both Boels and Cramo.
The voluntary takeover offer valued Cramo at approximately €614 million. The proposed acquisition seeks to create a leading pan-European player in the equipment rental market, with businesses in 17 countries, and a top three position in 12 of those countries. The combined company is expected to have annual revenues of approximately €1.25 billion and one of the largest depot networks in Europe, with more than 750 facilities.
The Kocián Šolc Balaštík team included Martin Krejčí (partner) and Ivo Průša (senior associate).
Other articles
Shortlist Legal 500 Central & Eastern Europe Awards 2026
KŠBand partner Pavel Dejl have been shortlisted for the prestigious Legal 500Central & Eastern Europe Awards 2026.
KŠB achieved a significant victory in one of the most closely watched cases concerning a review of the adequacy of the consideration paid in a squeeze-out of minority shareholders
The Municipal Court in Prague, in the first instance, dismissed the claims of former minority shareholders of PFNonwovens a.s., who challenged the adequacy of the consideration paid during the squeeze-out carried out in March 2021 and sought to have it increased by up to double the amount.
KŠB podpořila letošní SVOČ na Právnické fakultě UK
Advokátní kancelář Kocián Šolc Balaštík se letos stala partnerem Studentské vědecké a odborné činnosti (SVOČ) pořádané Právnickou fakultou Univerzity Karlovy.
