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Randa Havel Legal and Mikulas & Partners Advise on Sale of Astratex Stake to Czech Prime Minister

Randa Havel Legal and Mikulas & Partners Advise on Sale of Astratex Stake to Czech Prime Minister

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Randa Havel Legal has represented the owners of Astratex in the sale of the majority of their stake in the company to the Hartenberg Holding investment group, which is owned by Czech Prime Minister Andrej Babis. Hartenberg Holding was advised by Mikulas & Partners. The transaction value was not disclosed. 

Astratex is an on-line seller of lingerie products in the Czech Republic, Slovakia, Poland, Romania, Hungary, Bulgaria, and Austria.

Astratex investors include Tomas Fikar and Roman Oravec, entrepreneurs in the area of e-commerce and online marketing, as well as Jan Svoboda, a partner in the Programia company, which supplies companies with e-shops. Petr Vit, Astratex’s founder, retains more than a quarter share in the company, while the former owners of the company remain active as minority shareholders.

The Randa Havel Legal team was led by Partner Alois Satava and included Senior Associate Michal Palinkas. 

The Mikulas & Partners team included Partner Jan Mikulas and Senior Associate Eliska Piklova.

 

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PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

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