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Havel & Partners Advises on HP Tronic and NAY Merger Clearance

Havel & Partners Advises on HP Tronic and NAY Merger Clearance

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Havel & Partners has represented HP Tronic and NAY on merger clearance from the Czech Office for the Protection of Competition and the Slovak Antimonopoly Office for their merger.

Both HP Tronic and NAY are multi-channel retailers in the consumer electronics sector, with more than 25 years of history in the Czech Republic and Slovakia, operating Datart, ETA, Electro World, and NAY store networks. According to Havel & Partners, the granting of approvals in both proceedings before the competition authorities of both countries was a necessary condition for the successful implementation of the planned merger of the two groups into a joint holding.

Earlier, Havel & Partners advised HP Invest on its acquisition of HP Tronic from Genesis Private Equity Fund III (as reported by CEE Legal Matters on May 14, 2024).

The Havel & Partners team included Partner Robert Neruda, Managing Associates Roman Svetnicky and Dusan Valent, and Junior Associates Robert Nersesjan and Monika Jurikova.

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