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Schoenherr Advises Caverion on Sale of Czech Subsidiary to CEZ Group

Schoenherr Advises Caverion on Sale of Czech Subsidiary to CEZ Group

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Schoenherr Prague has advised Finland's Caverion Emerging Markets Oy on the disposal of its Czech subsidiary, Caverion Ceska Republika s.r.o., to KART spol. s r.o., a member of the CEZ Group. The Nemec, Blaha & Navratilova law firm reportedly advised KART on the deal.

Caverion provides smart technical solutions and services for buildings, industrial processes, and infrastructure. The company operates in 12 countries in Central Europe, Scandinavia, the Baltics, and Russia. Established in 1991, the company's Czech subsidiary provides services mainly in the building maintenance sector, covering design, projects, supply and installation of technical solutions for buildings, including their maintenance and final removal.

KART spol. s r. o., part of the CEZ Group, was established in 1992 and provides operations and services for building technical equipment. It also supplies and installs air-conditioning, heating, and cooling equipment, measurement and control systems, and high-voltage appliances and distribution systems. In addition, it designs and inspects electrical equipment, pressure vessels, and boiler rooms.

The Schoenherr team was led by Partner Vladimir Cizek, supported by Attorney-at-Law Jitka Kadlcikova.

Czech Republic Knowledge Partner

JŠK, advokátní kancelář, s.r.o. (JŠK) is a medium-sized law firm based in Prague providing a comprehensive range of commercial legal advisory services in the Czech Republic. Our team consists of almost 30 lawyers, five of whom are partners with many years of experience from leading international law firms. We advise local and international clients from banking, insurance and various industry sectors, boast a respected projects practice, and work for the public sector at the federal and municipal level.

Ever since it was founded in 2004, JŠK has striven for the epitome of professionalism, expertise and ethical integrity. We continuously seek to surpass what large global law firms can offer and to give our clients a personal approach. All mandates are equally important to us regardless of size as we guide clients through both complex and seemingly routine matters.

Our clients turn to us for advice when implementing their business plans across all areas of commercial law. We are proud members of PONTES: the CEE lawyers, a unique network of law firms through which we provide services not only in the Czech Republic but also in Austria, Bulgaria, Hungary, Poland, Romania and Slovakia.

Firm's website: http://www.jsk.cz

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