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Z/C/H Legal Advises CEM VISION on Acquisition of CEMOD-CZ from 3SI Group

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Z/C/H Legal has advised CEM VISION, a Czech investment company, on its acquisition of a 100% ownership interest in CEMOD-CZ s.r.o., the former home and fashion subsidiary of the 3SI Group in the Czech Republic and Slovakia. The seller was advised by Kinstellar in the Czech Republic and Linklaters in France.

The 3SI Group is one of the largest distance selling companies in France and Europe. The business activities of the group, which has its headquarters in Croix, in northern France, include multi-channel retail and services to third-party business customers in 16 countries.

According to Z/C/H Legal, CEMOD-CZ — based in Pardubice, Czech Republic — was founded in 1967 and has since "become the leading website for home accessories and furnishings in the Czech Republic and Slovakia, operating under the banner of Magnet-3Pagen.” According to the firm, “it has also established a market position in these countries as a major online player in the fashion clothing sector, with the Modino.cz website and its distribution of Blancheporte and Venca products.”

Editor's Note: After this article was published, Kinstellar informed CEE Legal Matters that its team consisted of Partner Jan Juroska and Associate Michal Kniz.

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