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News

Clifford Chance advises Česká spořitelna on Oriens Group's successful acquisition of Znojemské strojírny

9.07.2024
Company: Clifford Chance Prague LLP, organizační složka

The Prague office of Clifford Chance has supported Česká spořitelna, a major Czech bank and subsidiary of Erste Group, in the financing of the acquisition of ZNOJEMSKÉ STROJÍRNY, s.r.o. This transaction represents another successful acquisition executed by Oriens Group, with the legal support of Clifford Chance and financing by Česká spořitelna.

Znojemské strojírny is a Czech engineering company specializing in precision-machined components and machine assembly subgroups. They manufacture CNC-machined parts for leading machine manufacturers in Europe and the USA, serving industries such as aerospace, textiles, printing, machining, rail vehicles, diesel engines, compressors, and pumps.

Operating as an independent privately-owned industrial holding, Oriens focuses on private equity investments in the Czech Republic, Hungary, Germany, Poland, and Slovakia. The company excels in acquiring medium-sized firms and effectively transforming them into successful, sizable entities.

The Clifford Chance team was led by associate Tomáš Kubala with support of junior associate Pavlína Tomečková and supervision of managing partner Miloš Felgr.

Tags: Law | Finance | Business Development | Awards & Achievements |

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