Clifford Chance has advised Komercni Banka on financing J&T Agriculture and Ecology Holding's acquisition of agricultural holding Farma Neznasovy (formerly Cesky Real). Kocian Solc Balastik advised J&T on the deal.
According to Clifford Chance, “Farma Neznasovy is an agricultural holding specializing in crop production and livestock farming. The company manages 1,200 hectares of land and 1,000 head of cattle. This acquisition is another part of the building of a new agricultural leg within the J&T Real Estate group, which started with the acquisition of agricultural holdings Statek Sobetice and Zdar Chudenice.”
Clifford Chance's team was led by Senior Associate Dominik Vojta and supervised by Partner Milos Felgr.
KSB's team included Partner Martin Krejci, Counsel Ivo Prusa, and Junior Associate Filip Sperl.
Editor's Note: After this article was published, KSB announced that it had also advised J&T Real Estate on the acquisition transaction, in addition to financing. The firm's team additionally included Partner Jiri Hornik, Lawyer Jakub Porod, and Junior Lawyer Zuzana Slaba.