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PwC Legal Advises Switzerland's IBSA on Acquisition of Czech Distributor

PwC Legal Advises Switzerland's IBSA on Acquisition of Czech Distributor

Czech Republic
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PwC Legal has advised IBSA Group on the acquisition of its long-term distributor on the Czech market, IBI spol. s r.o. IBI was advised by Solo Practitioners Violeta Jirackova and Rostislav Zak.

IBSA is a multinational pharmaceutical company, headquartered in Lugano, Switzerland, that was founded in 1945 by a group of Swiss biologists. As a result of the transaction, IBSA becomes the sole shareholder of IBI, and the company's name will be changed to IBSA Pharma.

“The acquisition is part of the IBSA Group’s project to enlarge its commercial operations through its subsidiaries,” stated Arturo Licenziati, President of IBSA. IBI has distributed pharmaceutical products manufactured by IBSA on the Czech market for more than 24 years.

PwC Legal’s team included Attorneys Daniel Pikal, Vendelin Balog, and Andrea Lancovova.

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COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

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COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

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