JSK, working in cooperation with solo practitioner Daniel Marousek, has advised TGA Holding on the sale of Znacky Morava and its Grames and Silverton affiliates to CIDEM Invest. Hladky Legal advised CIDEM invest on the deal.
TGA Holding primarily focuses on construction, development, gastronomy, and agriculture, and Znacky Morava operates in the field of transport construction, with primary activity involving the implementation of horizontal traffic signs, the installation of steel road barriers, and the production and installation of vertical traffic signs and other systems ensuring the safe construction of the highway and road network in the Czech Republic and Slovakia.
"We are pleased that the transaction was successfully completed," said Georgios Tavandzis, owner of TGA Holding. "I would like to thank the teams from JSK, TGA Holding, Znacky Morava, Silverton and Grames for their excellent work. I wish the new owner, CIDEM Invest, the best of luck in building on the company's growth to date and much success in the years to come."
The JSK team consisted of Partner Tomas Dolezil, Lawyers Daniel Pospisil and Martin Vlk, and Associate Jan Koprnicky.
The Hladky Legal team was led by Partner Lucie Hladka and included Partner Jan Hladky and Associates Nikola Chalupska and Pavla Stojaspalova.
