27
Fri, Dec
46 New Articles

PwC Legal and Forlex Advise on Orlen Projekt's Acquisition of UNIS Design and Engineering Activities

PwC Legal and Forlex Advise on Orlen Projekt's Acquisition of UNIS Design and Engineering Activities

Czech Republic
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

PwC Legal has advised Orlen Unipetrol Group on Orlen Projekt's acquisition of design and engineering activities from Brno-based UNIS and UNIS Power. Forlex advised the seller.

"With this acquisition, the ORLEN Unipetrol Group will substantially reinforce its possibilities and capacities to implement its extensive investment plan, strategic development, and transformation toward a sustainable future," an Orlen press statement read, adding that the acquisition was scheduled to close on May 2, to be followed by an integration process of several months.

"Each year, we execute billions worth of investments as part of our gradual transformation into a multi-energy group and transition to a sustainable, zero-emission future," commented Orlen Unipetrol Group member of the Board of Directors Maciej Romanow. "The requirements for expert management of our extensive investments keep increasing. That is why we are now expanding the competencies of our engineering and supplier company Orlen Projekt CR. We welcome all of the more than 130 experts from UNIS and UNIS Power to our group. Most of them know our group because they were engaged in preparing our investment projects as external suppliers in the past. Becoming stronger with this acquisition, we will continue to pursue our path toward a sustainable future faster, more flexibly, and more efficiently."

The PwC Legal team was led by Managing Associate Daniel Pikal and supervised by Partners Olga Kaizar and Petr Kincl. It also included Attorneys Martina Stolba Sedlackova, Jiri Brabec, Lenka Michalcova, and Milos Sochor, and a Junior Associate Klara Zikmundova.

The Forlex team included Partner Ivan Barabas, Senior Associate Lukas Marek, and Junior Associate Jiri Vecerka.