Eversheds Sutherland has advised Remondis Group company TSR Czech Republic on its acquisition of Barko. Tovarek, Horky and Partners advised the sellers.
"This is the largest acquisition in the field of purchasing and waste management of metal and non-metallic waste in the last ten years," Eversheds Sutherland informed. "The acquisition will further enhance TSR's position in the recycling industry and expand its services in the scrap metal recycling sector. The acquisition will bring together two established players in the industry, creating synergies and opportunities for growth."
TSR specializes in metal recycling and processes scrap metal in the Czech Republic. Barko is a Czech private company that collects non-ferrous and ferrous metals, cables, batteries, electrical waste, paper, car wrecks, catalytic converters, and precious metals.
The Eversheds Sutherland team included Counsel Petra Kratochvilova and Associate Jakub Verlik.
The Tovarek, Horky and Partners team was led by Managing Partner Tomas Horky and included Counsel Milan Michl.