Schoenherr has advised Austrian Post on its acquisition of a share of In Time Spedice. CEE Attorneys advised the selling shareholder on the deal. The transaction closed in August 2017, and financial terms were not disclosed.
In Time Spedice was founded in 1990 as the first Czech private courier and forwarding service. In 2016, it delivered more than four million packages and had a turnover of over EUR 10 million.
The Schoenherr team consisted of Vienna-based Partner Robert Bachner and Prague-based Partner Martin Kubanek, and Prague-based Attorneys at Law Natalie Rosova and Pavlína Tejralova.
