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Randa Havel Legal and Mikulas & Partners Advise on Sale of Astratex Stake to Czech Prime Minister

Randa Havel Legal and Mikulas & Partners Advise on Sale of Astratex Stake to Czech Prime Minister

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Randa Havel Legal has represented the owners of Astratex in the sale of the majority of their stake in the company to the Hartenberg Holding investment group, which is owned by Czech Prime Minister Andrej Babis. Hartenberg Holding was advised by Mikulas & Partners. The transaction value was not disclosed. 

Astratex is an on-line seller of lingerie products in the Czech Republic, Slovakia, Poland, Romania, Hungary, Bulgaria, and Austria.

Astratex investors include Tomas Fikar and Roman Oravec, entrepreneurs in the area of e-commerce and online marketing, as well as Jan Svoboda, a partner in the Programia company, which supplies companies with e-shops. Petr Vit, Astratex’s founder, retains more than a quarter share in the company, while the former owners of the company remain active as minority shareholders.

The Randa Havel Legal team was led by Partner Alois Satava and included Senior Associate Michal Palinkas. 

The Mikulas & Partners team included Partner Jan Mikulas and Senior Associate Eliska Piklova.

 

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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