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CMS and Dunovska & Partners Advise on Arkance's Acquisition of CAD Studio

CMS and Dunovska & Partners Advise on Arkance's Acquisition of CAD Studio

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CMS has advised Arkance on its acquisition of CAD Studio, a company involved in the digitalization of Manufacturing and Construction industries in the Czech and Slovak Republics and Hungary, from Autocont, a member of the Aricoma Group. Dunovska & Partners advised the sellers on the deal.

Arkance is a subsidiary of the Groupe Monnoyeur. According to CMS, "this acquisition is in line with the Groupe Monnoyeur's [plan] to establish a leading European distribution network to support its clients – Building and Earthmoving Contractors, Design Offices, Infrastructure Owners, Manufacturing Companies, and Mines and Quarry operators – on their digitalization journey.

According to CMS, "historically linked to the Construction business through its Caterpillar dealership activities in Europe, the Groupe Monnoyeur was able to perceive very early on the major impact that digitization would have on its customers in the long term. By acquiring CAD Studio, leader in its markets, Arkance is investing in a company that has grown by forging close relationships with its many loyal customers. Those customers will now have access to a larger network of technical professionals, sometimes operating in territories with advanced market maturity – from which they will take some best practices."

CMS reports that, "after a transition period, the CAD Studio's team will operate under the Arkance Systems banner, the Arkance division dedicated to the implementation of BIM & CAD solutions."

CMS's team included Managing Partner Helen Rodwell, Senior Associates Frances Gerrard and Eliska Copland, and Associates Pavel Kocian and Martin Balaz.

The Dunovksa & Partners team was led by Attorney Michal Koncuh.

Czech Republic Knowledge Partner

PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.

Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).

Firm's website: www.prkpartners.com

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