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Clifford Chance and Eversheds Sutherland Advise on REWE Group Acquisition of Czech Travel Agency

Clifford Chance and Eversheds Sutherland Advise on REWE Group Acquisition of Czech Travel Agency

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Clifford Chance has advised investment group KKCG on the sale of its CK Fischer travel agency in the Czech Republic to German group REWE, the owner of EXIM Tours and Kartago Tours in the Czech Republic and Slovakia. Eversheds Sutherland advised the REWE Group on the deal, which has yet to be approved by the Czech office for the Protection of Competition.

Clifford Chance's team was supervised by Prague Managing Partner Alex Cook and led by Counsel Michal Jasek, working with the assistance of Warsaw-based Counsel Nick Fletcher and Prague-based Associate Jakub Vesely, and Junior Lawyer Tomas Prochazka. The team also included Partner Nicholas Mace and Senior Associate Nicola Hemsley from Clifford Chance's London office.

The Eversheds Sutherland team in the Czech Republic included Partner Stanislav Servus, Principal Associate Jiri Kokes, Senior Associates Tomas Mls and Petra Kratochvilova, and Associates Jakub Verlik and Jirt Koubek.

Editor's note: After this article was published, Eversheds Sutherland informed CEE Legal Matters that the transaction closed on May 4, 2020.

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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