JSK has advised Bunzl on its acquisition of VM Footwear. HKR Advokatni Kancelar reportedly advised the sellers.
According to JSK, “Bunzl plc was incorporated in 1940 and listed on the London Stock Exchange in 1957, but its origins date back to 1854 when Moritz Bunzl opened a small haberdashery business in Bratislava. Bunzl provides a one-stop-shop, on-time, and in-full specialist distribution service across more than 30 countries, supplying a broad range of internationally and responsibly sourced non-food products to a variety of market sectors.”
VM Footwear was founded in 2003. According to JSK, “since its establishment, the company has been engaged in the development, import, and distribution of personal protective and work equipment. In 2008 it expanded its operations to Slovakia by building a sales network, since 2016 it has been successfully exporting to the CEE region, and in recent years, it has been exporting to Western EU countries.”
JSK’s team included Partner Tomas Dolezil and Senior Associates Helena Hailichova and Patrik Mueller.