23
Sat, Nov
57 New Articles

Clifford Chance and NKA Advise on CSOB and Ceska Sporitelna Financing for Kofola's Acquisition of Pivovary

Clifford Chance and NKA Advise on CSOB and Ceska Sporitelna Financing for Kofola's Acquisition of Pivovary

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

Clifford Chance has advised Ceskoslovenska Obchodni Banka and Ceska Sporitelna on the financing for Kofola Group's joint acquisition of the Pivovary CZ Group together with the RSJ investment group and the Usovsko agricultural group. Nedelka Kubac Advokati advised Kofola on the acquisition.

According to Clifford Chance, the Pivovary CZ Group is the fifth-largest brewing group in the Czech Republic, with annual production exceeding 800,000 hectoliters, of which more than a third is exported. The acquisition included "renowned beer brands such as Holba, Zubr, and Litovel. The transaction also includes the purchase of Fontana PCZG, whose main focus is the wholesale of beer and soft drinks."

The Kofola Group is a producer and distributor of non-alcoholic beverages in Central and Eastern Europe.

The Clifford Chance team included Partner Milos Felgr, Senior Associate Hana Cekalova, and Junior Lawyers Ondrej Steco and Sara Bartlova.

The Nedelka Kubac Advokati team included Partner Radovan Kubac and Senior Associate Ondrej Cizek.