30
Sat, May
98 New Articles

Taylor Wessing Advises Slovak Online Bookseller on Acquisition of Competitor

Taylor Wessing Advises Slovak Online Bookseller on Acquisition of Competitor

Deals and Cases
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Taylor Wessing Bratislava has advised Martinus, s.r.o., the largest online book retailer and the second largest book retailer in Slovakia, on the acquisition of its competitor, the e-shop Gorila.sk, along with the Czech e-shop arara.cz, from Beyond Media, s.r.o. The Nozdrovicky, Suvert & Co. law firm advised the seller on the deal.

Martinus acquired both e-shops in mid-September. Gorila.sk continues to operate under the original brand, while arara.cz has been merged into Martinus' Czech martinus.cz e-shop.

According to Taylor Wessing, Martinus's "intention is to create a more effective and clearly laid-out model of online book retail and delivery, enabling a simpler and faster shopping experience for the customers." The firm reports that, by means of the deal, "Martinus made a big step towards improving the retail and the standards of the book industry in Slovakia and the Czech Republic."

Michal Mesko, the majority shareholder and managing director of Martinus, commented that "the acquisition of the e-shop Gorila.sk was a natural and interesting investment for us. It broadens our book portfolio and allows us to address a bigger group of readers in Slovakia, as well as abroad."

The Taylor Wessing team consisted of Partners Juraj Frindrich and Radovan Pala and Associate Andrea Vancelova.

The NSCo team was led by Peter Nozdrovicky.

Editor's Note: After this article was published Peter Nozdrovicky informed CEE Legal Matters that he had been supported on the deal by Nozdrovicky, Suvert & Co. Partner Peter Suvert and Associate Eva Woloszynova.

 

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

Our Latest Issue