Havel & Partners has advised the Heluz family business on the acquisition of insulating glass manufacturer Izos. KPMG Legal reportedly advised the seller, Petr Aschenbrenner.
The transaction is still pending regulatory approval. Financial details were not disclosed.
According to Havel & Partners, Heluz is one of the largest manufacturers of masonry systems in the Czech Republic. The company supplies building systems to Czech and Slovak markets, as well as to Germany, Austria, Poland, and Hungary. Founded in 1992, Izos supplies glass for quality plastic, wooden, and aluminum windows and is currently expanding its production to include facade panels.
Havel & Partners’ team included Partner Jan Koval, Senior Associate Silvie Kiraly, and Junior Associate Michal Vik.
Editor's note: After this article was published, KPMG Legal contacted CEE Legal Matters to confirm its involvement. The firm's team included Associate Director Jan Frey, Lawyer Petr Janicek, and Junior Lawyer Tomas Pitra.