BPV Braun Partners has advised Kappenberger + Braun on the sale of 100% of its shares in K + B Expert to Electro World, a subsidiary of Slovakia’s NAY Group. Liska & Sabolova reportedly advised the buyer on the deal.
Financial details of the transaction, which is still subject to approval of the Czech Antitrust Office, were not disclosed.
BPV Braun Partners describes K + B Expert as a “leading consumer electronics retailer in the Czech Republic with over 20 brick-and-mortar stores and a successful e-shop.”
Electro World is a Prague-based retailer of electronics and accessories. The company, which was founded in 2002, currently operates 19 stores throughout the Czech Republic.
The BPV Braun Partners included Managing Partner Arthur Braun and Managing Associate Ondrej Ponistiak.