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Baker McKenzie Prague and Warsaw Part of Multi-Jurisdictional Team Advising Arbonia on Sale of Windows Business

Baker McKenzie Prague and Warsaw Part of Multi-Jurisdictional Team Advising Arbonia on Sale of Windows Business

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Lawyers from Baker McKenzie's Prague and Warsaw office formed part of the firm's multi-office team advising Swiss building component supplier Arbonia on the sale of its windows business to Denmark's Dovista Group.

The five companies relating to the windows business that Arbonia sold are Dobroplast, EgoKiefer, Slovaktual, Webcom and Wertbau. With this acquisition, Baker McKenzie reports, the Dovista Group will gain access to the Central European markets of Switzerland, Germany, Poland, and Slovakia, where the Windows Division holds strong market positions.

According to Baker McKenzie, "in 2015, Arbonia initiated a comprehensive restructuring and relocation process in the Windows Division. It invested around CHF 100 million net in new production capacities, including the purchase of the German Wertbau in 2015, and in the modernization and automation of its machinery. As a result, the four autonomously operating companies became an integrated group with three highly automated production competence centers for wood, wood/aluminum, vinyl, and vinyl/aluminum windows with a high degree of vertical integration, which has strong positions in the domestic markets of Switzerland, Slovakia ,and Poland."

Lawyers from Baker McKenzie’s Zurich, Berlin, Frankfurt, Munich, Prague, and Warsaw offices advised Arbonia on the sale. The team was led by Partner Alexander Fischer and included, among many others, in Prague, Partner Tomas Skoumal, Associates Vlastimil Kreysa, Marek Disman, Michal Simcina and Samuel Bodik, and in Warsaw, Partner Tomasz Krzyzowski, Director of Tax Piotr Wysocki, Counsels Mikolaj Piaskowski and Michal Lisawa, and Associates Piotr Szczecinski andPiotr Maksymiuk, Katarzyna Lisiewska, Piotr Ciepiela, Michal Pakosz, and Kamil Matyskiewicz, Junior Associate Jakub Zebrowski, and Trainee Piotr Pawlowski.

Czech Republic Knowledge Partner

HAVEL & PARTNERS, attorneys-at-law, with offices in Prague, Brno, Bratislava, Pilsen, Olomouc, and Ostrava, has a team of 220 lawyers, tax advisors and 500 employees in total, is the largest independent law firm in Central Europe.

Our clients include large international companies, leading Czech and Slovak firms, including strategic state-owned companies and public sector authorities, as well as medium-size businesses, individual entrepreneurs, and investors. We advise approximately 100 of the Fortune 500 companies, and almost 50 of the Czech Top 100 companies. HAVEL & PARTNERS currently provides its services to a total of 2,000 clients. We have the most comprehensive international support available to both Czech and Slovak law firms. We provide legal and tax advice in 12 world languages in more than 90 countries around the globe. Up to 70 % of the transactions we deal with involve an international aspect.

HAVEL & PARTNERS was named the best law firm operating in the Czech Republic by the prestigious British rating agencies Chambers and Partners (2020) and Who’s Who Legal (2018, 2019). It is also the most successful law firm, providing the most comprehensive legal services in the Czech Republic and Slovakia, based on the total number of all nominations and awards in all years of the Law Firm of the Year awards. The firm became the absolute winner of this competition four times in the last six years, receiving the main award Domestic Law Firm of the Year in the Czech Republic (2015, 2017, 2018, 2020) and ranking as one of the most recommended law firms in all categories of law. Our company is also a three-time winner of the Law Firm of the Year award for Best Client Services (2015, 2016, 2019). In the field of M&A, HAVEL & PARTNERS is the best law firm in the Czech Republic based on the annual International Advisory Experts awards (2018, 2019). In Slovakia, it also won the prestigious global M&A Today Awards (2013–2018) for Mergers & Acquisitions six times in a row, and repeatedly won first place in the ranking by Lawyer International Legal 100 (2017, 2018). Prestigious international rating agencies EMIS DealWatch and Mergermarket have ranked HAVEL & PARTNERS among the leading law firms by the number of transactions completed in the entire CEE region since 2009. Based on annual awards of the Acquisition International magazine, HAVEL & PARTNERS has become the Law Firm of the Year 2019 in the M&A category in the CEE region.

Firm's website: https://www.havelpartners.cz/en/

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