Lawyers from Baker McKenzie's Prague and Warsaw office formed part of the firm's multi-office team advising Swiss building component supplier Arbonia on the sale of its windows business to Denmark's Dovista Group.
The five companies relating to the windows business that Arbonia sold are Dobroplast, EgoKiefer, Slovaktual, Webcom and Wertbau. With this acquisition, Baker McKenzie reports, the Dovista Group will gain access to the Central European markets of Switzerland, Germany, Poland, and Slovakia, where the Windows Division holds strong market positions.
According to Baker McKenzie, "in 2015, Arbonia initiated a comprehensive restructuring and relocation process in the Windows Division. It invested around CHF 100 million net in new production capacities, including the purchase of the German Wertbau in 2015, and in the modernization and automation of its machinery. As a result, the four autonomously operating companies became an integrated group with three highly automated production competence centers for wood, wood/aluminum, vinyl, and vinyl/aluminum windows with a high degree of vertical integration, which has strong positions in the domestic markets of Switzerland, Slovakia ,and Poland."
Lawyers from Baker McKenzie’s Zurich, Berlin, Frankfurt, Munich, Prague, and Warsaw offices advised Arbonia on the sale. The team was led by Partner Alexander Fischer and included, among many others, in Prague, Partner Tomas Skoumal, Associates Vlastimil Kreysa, Marek Disman, Michal Simcina and Samuel Bodik, and in Warsaw, Partner Tomasz Krzyzowski, Director of Tax Piotr Wysocki, Counsels Mikolaj Piaskowski and Michal Lisawa, and Associates Piotr Szczecinski andPiotr Maksymiuk, Katarzyna Lisiewska, Piotr Ciepiela, Michal Pakosz, and Kamil Matyskiewicz, Junior Associate Jakub Zebrowski, and Trainee Piotr Pawlowski.