The Prague office of CEE Attorneys has advised the AGS Group on the establishment of a joint venture with Spuntik.cz s.r.o. which will operate as MMS Digital a.s. Havel & Partners reportedly advised Spuntik.cz.
The AGS Group consists of nine companies in the Czech Republic, Slovakia, Hungary, and Poland. According to CEE Attorneys, the joint venture is expected to achieve turnover exceeding CZK 1 billion.
According to CEE Attorneys, AGS and Spuntik.cz "specialize in wholesale, retail, and online sales of baby products, merchandise for parents and pregnant women, operation of maternal centers and associated marketing matters within the relevant market in the Czech Republic, Slovakia, and Hungary."
The CEE Attorneys team was led by Partner Lukas Petr and Managing Associate Martina Schutzova.
Editor's Note: The article was updated to correct the spelling of Spuntik.