The Prague office of Dentons has advised the shareholders of VUK, spol. s.r.o., on the sale of the company to global automotive supplier Continental via a share deal. Deloitte Legal advised Continental on the acquisition. The transaction value was not disclosed.
VUK is a Czech company owned by five families. With history dating back to 1936 when it was a part of the company Baťa, VUK was established as a private company in 1993, designing and manufacturing tire production machinery.
The Dentons team was led by Partner Petr Zakoucky, supported by Associate Vojtech Novak. The team also included Associates Barbora Safarikova, Michal Pelikan, and Filip Svoboda.
Deloitte Legal did not reply to our inquiries about the deal.