7.11.2018
News
Competition
M&A

Czech Competition Authority Approves Karlovarské minerální vody’s Acquisition of PepsiCo’s Operations

KSB advised its long-standing client Karlovarské minerální vody (KMV) on acquiring PepsiCo’s assets and operations on the Czech, Slovak and Hungarian markets

KSB’s team, which was led by Dagmar Dubecká  and included Ján Béreš, Jana Guričová, Pavel Dejl, Martin Vráb and David Línek, helped KMV ensure a smooth acquisition process, coordinated local legal counsels in Slovakia and Hungary and represented KMV in the proceedings before  the Czech Competition Authority.

The transaction was approved by the Competition Authority on 30 October and closed and settled on 31 October. As a result of the acquisition, KMV has become the largest distributor of non-alcoholic beverages in Central Europe.

Details are available here (in Czech only).

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Our team provided legal advice to BigBoard Praha, a leading player in the premium outdoor advertising market in the Czech Republic, in connection with its refinancing. Founded in 1993, the BigBoard Group is the largest provider of premium outdoor advertising in the Czech Republic, with an approximately 70% market share and annual turnover of around CZK 2 billion. Its advertising media cover key locations across the country, including the Prague metro and major transport hubs.

Our team provided legal advice to BigBoard Praha, a leading player in the premium outdoor advertising market in the Czech Republic, in connection with its refinancing. Founded in 1993, the BigBoard Group is the largest provider of premium outdoor advertising in the Czech Republic, with an approximately 70% market share and annual turnover of around CZK 2 billion. Its advertising media cover key locations across the country, including the Prague metro and major transport hubs.

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KŠB Assisted Sandberg Capital with a Majority Investment in HotelTime Solutions

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The KŠB team provided legal advice to the investment group Sandberg Capital on the completion of a majority investment in HotelTime Solutions, one of the leading providers of cloud-based software for hotel operations management.

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KŠB assisted Seyfor with the extension of its financing provided by Raiffeisenbank, Tatra banka and, newly, Slovenská sporiteľňa.

The KŠB team provided legal advice to its long-standing client Seyfor in connection with the continuation and expansion of its syndicated financing. The existing lending banks, Raiffeisenbank Czech Republic and Tatra banka, decided to continue supporting Seyfor’s growth, with Slovenská sporiteľňa joining the financing as a new lender.

The KŠB team provided legal advice to its long-standing client Seyfor in connection with the continuation and expansion of its syndicated financing. The existing lending banks, Raiffeisenbank Czech Republic and Tatra banka, decided to continue supporting Seyfor’s growth, with Slovenská sporiteľňa joining the financing as a new lender.