Clifford Chance has advised Ceska Sporitelna and UniCredit Bank Czech Republic and Slovakia on their financing for the Oriens holding's Moravia Containers in relation to the acquisition of Steelmart. Havel & Partners advised the borrower.
Moravia Containers is a European manufacturer in the field of modular buildings and residential, sanitary, and technological containers. It is owned by Oriens, an industrial investment holding active in the Czech Republic, Hungary, Slovakia, Poland, and Germany. According to Clifford Chance, the acquisition "will allow Moravia Containers to establish a new production facility for its business."
According to the firm, the cooperation between Moravia and the lending banks has been ongoing since 2019 and covers several acquisitions in the relevant sector, including the acquisition of Contimade in 2021 (as reported by CEE Legal Matters on March 21, 2021).
The Clifford Chance team was led by Partner Milos Felgr and Counsel Dominik Vojta and included Associate Bara Mika and Junior Lawyer Pavlina Tomeckova.