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Baker McKenzie and White & Case Advise on Sika Acquisition of KVK Holding

Baker McKenzie and White & Case Advise on Sika Acquisition of KVK Holding

Czech Republic
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Baker McKenzie has advised Sika, a manufacturer of speciality chemicals, on its acquisition of Prague-based KVK Holding from private equity firm Arx Equity Partners. White & Case advised the sellers on the deal.

According to Baker McKenzie "Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and automotive industry. Sika has subsidiaries in 99 countries around the world and manufactures in over 190 factories. Its more than 17,000 employees generated annual sales of CHF 5.75 billion in 2016."

KVK is a prominent manufacturer of waterproofing and roofing systems and mortar products with 2016 revenues of EUR 40 million. The company operates six production sites in the Czech Republic: three for the manufacture of mortar products, two for bituminous membranes, and one for expanded polystyrene insulation. 

The Baker McKenzie team advising Sika was led by Prague-based Partner Tomas Skoumal and consisted of Prague-based Partner Pavel Fekar, Associate Michal Simcina, and several junior associates.

The White & Case team advising Arx Equity Partners was led by Partner Jan Andrusko and included Associates Jan Stejskal, Jan Jakoubek, and Veronika Merjava.

Czech Republic Knowledge Partner

JŠK, advokátní kancelář, s.r.o. (JŠK) is a medium-sized law firm based in Prague providing a comprehensive range of commercial legal advisory services in the Czech Republic. Our team consists of almost 30 lawyers, five of whom are partners with many years of experience from leading international law firms. We advise local and international clients from banking, insurance and various industry sectors, boast a respected projects practice, and work for the public sector at the federal and municipal level.

Ever since it was founded in 2004, JŠK has striven for the epitome of professionalism, expertise and ethical integrity. We continuously seek to surpass what large global law firms can offer and to give our clients a personal approach. All mandates are equally important to us regardless of size as we guide clients through both complex and seemingly routine matters.

Our clients turn to us for advice when implementing their business plans across all areas of commercial law. We are proud members of PONTES: the CEE lawyers, a unique network of law firms through which we provide services not only in the Czech Republic but also in Austria, Bulgaria, Hungary, Poland, Romania and Slovakia.

Firm's website: http://www.jsk.cz

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