DLA Piper’s Prague office has advised Russia's Trust Union Fund on its acquisition of the Kovosvit machine tool manufacturer from Industry Innovation, which itself is owned by Czech businessman Jaroslav Strnad. NKL Legal reportedly advised the sellers on the deal.
Financial aspects of the deal were not disclosed.
Kovosvit was established in the Czech Republic in 1939. The company currently exports its products to more than 31 countries around the world.
DLA Piper’s Czech team was led by Managing Partner Miroslav Dubovsky and included Associate Marcel Janicek and Junior Associate Pavlina Trchalikova.
NKL Legal’s team was reportedly led by Lawyer Martina Sourkova.