JSK has advised Cresco&Finance a.s. on the sale of Krnovska Skrobarna spol. s r.o. and Krnovsky Lihovar spol. s r.o. to Reticulum Holding. Solo practitioner Marek Prchlik reportedly advised the buyer.
According to JSK, Krnov-based Cresco&Finance focuses on investment and acquisition projects in the areas of construction, real estate, and agricultural and food production. Krnovska Skrobarna is a Czech company dealing with the complete processing of wheat. It consists of three separate divisions: a starch factory, a mill, and a silo. Krnovsky Lihovar is an interconnected refined alcohol distillery.
The JSK team was led by Partner and Head of M&A Tomas Dolezil and included Senior Associate Helena Hailichova and Junior Lawyer Jan Koprnicky.