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JSK and Hladky Legal Advise on Znacky Morava Sale

JSK and Hladky Legal Advise on Znacky Morava Sale

Czech Republic
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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.

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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