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Taylor Wessing and Zachveja & Partneri Advise on Hectas Sale of Czech Subsidiary

Taylor Wessing and Zachveja & Partneri Advise on Hectas Sale of Czech Subsidiary

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Taylor Wessing Prague has advised Hectas Facility Services Stiftung & Co. KG, from Germany, on the disposal of its subsidiary Hectas Facility Services, s.r.o., which supplies cleaning and technical services in the Czech Republic, to Ostrava-based MW-Dias, a.s. Ostrava's Zachveja & Partneri firm advised the buyers.

Taylor Wessing describes MW-Dias as "the market leader in cleaning services in the region of Moravia-Silesia, and one of the major operators in this segment on the national level."

The Taylor Wessing team was led by Partner Thilo Hoffmann, who commented that: “It was interesting to assist with the whole process of the disposal and take-over of Hectas, the Czech daughter of a leading European provider of cleaning, facility management and security services to industrial clients, to Czech hands. The transaction lasted approximately half a year to prepare, and became effective in February.”

The Zachveja & Partneri team was led by Zbynek Matula.

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