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.