Clifford Chance has advised Ceskoslovenska Obchodni Banka on the partial refinancing of the purchase price for Emma Alpha Holding's acquisition of a controlling ownership interest in FAVI Online.
Ceskoslovenska Obchodni Banka is a Czech bank and a part of KBC Group.
According to Clifford Chance, “FAVI is a dominant home design and furniture search engine, boasting an expansive presence across numerous European nations. Originating in the Czech Republic, FAVI was founded in 2016 and soon grew into an outstanding enterprise serving Central and Eastern Europe.”
Emma Alpha is a company operating under the umbrella of Emma Capital, a private equity investment group focusing on acquiring customer-oriented companies.
The Clifford Chance team included Partner Milos Felgr, Counsel Dominik Vojta, and Associate Tomas Kubala.