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Freshfields, CMS, and White & Case Advise on Zentiva’s Acquisition of Alvogen CEE

Freshfields, CMS, and White & Case Advise on Zentiva’s Acquisition of Alvogen CEE

Czech Republic
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Freshfields Bruckhaus Deringer and CMS have advised Advent International and its European medicines producer Zentiva on Zentiva’s acquisition of the Central and Eastern European business of Alvogen. White & Case advised Alvogen on the deal, which is expected to close in the first quarter of 2020.

Zentiva is an international pharmaceutical company that is based in Prague and focuses on developing, manufacturing, and marketing generic pharmaceutical products.

Alvogen CEE markets over 200 generic and over-the-counter products across multiple therapeutic areas in 14 markets, including Russia, Romania, Bulgaria, Hungary, Poland, and the Balkans. 

The Freshfields team included Partners James Scott, Helen Lethaby, Alan Ryan, and Jochen Dieselhorst, Senior Associate Vincent Bergin, and Principal Associate Lutz Dralle.

CMS' Prague-based team included Managing Partner Helen Rodwell, Senior Associates Frances Gerrard and Marketa Frankova, Associates Pavel Drimal and Tristan O’Connor, and Trainee Solicitor Moritz Kopka. The team also had support from Sofia-based Partner Atanas Bangachev, Bucharest-based Partner Horea Popescu and Senior Associate Claudia Popescu, Budapest-based Partner Aniko Kircsi and Senior Associate Peter Toth, Warsaw-based Partner Rafal Zwierz and Senior Associate Gregorz Paczek, Moscow-based Consultant David Cranfield and Senior Associate Maxim Gubanov, and London-based Senior Associate John Markham and Associate Madeeha Anthony.

White & Case's London-based team included Partners Steven Worthington, Lucy Bullock, Lindsey Canning, Martin Forbes, Marc Israel, and Peita Menon, Counsel Paul Harrington, and Associates Katarina Ward, Benjamin Morrison, James Turner, Jean Renaldy, and Oliver Alsop.  

Czech Republic Knowledge Partner

For more than 25 years PRK Partners has been providing top tier, comprehensive legal services in all areas of law – always at the highest professional level. The company’s offices in Prague, Ostrava and Bratislava, as well as its specialised teams of legal practitioners and tax advisors, allow PRK Partners to offer solutions to any kind of legal issues, providing an international point of view and in-depth knowledge of the respective local legal system.

The full-service law firm has worked on many of the region’s largest and most complex transactions. The firm puts emphasis on the highest standards of quality, efficiency and flexibility in its advisory services, which are tailored to the specific requirements of each client. 

Our team is composed of professionals with international education and experience. The firm frequently works on a non-exclusive basis with leading international law firms on large cross-border transactions.

PRK Partners is consistently recognised among the top law firms by leading international and domestic directories and ratings agencies and has been honoured with numerous awards: 

• National Law Firm of the Year 2016 by the Chambers Europe Awards, the most prestigious international law firm competition. This is the fifth award PRK Partners has received since the awards were first given; National Law Firm of the Year 2014, 2013 and 2010 and Law Firm of the Year 2012 for Best Client Service.

• 2018 Best Law Firm of the Year in the category of Banking &Finance and the absolute winner in the main category of the Domestic Law Firm of the Year awards organised by epravo.cz under the auspices of the Czech Bar Association three times since the award's inception (in 2016, 2013 and 2011).

• a finalist of the Central European Law Firm of the Year category in The Lawyer European Awards 2018. 

The firm has a strong commitment to corporate social responsibility and pro bono work.

PRK Partners is the exclusive member firm in the Czech Republic for Lex Mundi, the world’s leading network of independent law firms, with in-depth experience in 100+ countries worldwide. In addition, the firm is a member of Celia Alliance, AFI (Association for Foreign Investment) and CVCA (the Czech Private Equity and Venture Capital Association).

Firm's website: www.prkpartners.com

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