JŠK and Kavčič, Bračun & Partners successfully provided legal advice to TCCM in relation to the aquisition of 100% shares in Slovanian company TELERAY.
TCCM, s.r.o. was founded in 2007 with a management team background in Samsung Mobile distribution. They are specialists for the telecom channels and business development of premium mobile phone brands. They are actively working with 52 mobile operators and 150 consumer electronics and telco retailers in 23 countries. Their team of more than 60 people is located in 12 countries. They have launched successfully Samsung, HTC, Beats, Meizu, Honor, CAT Phones and Coolpad in CEE. They sell more than 2’5 million phones per year.
TELERAY, founded in 1990, is a distributor of Nokia mobile phones for Slovenia, Croatia, Bosnia and Herzegovina.
"Together with our lawyers we managed to mitigate most of the risks coming from the specifics of mobile phone distribution business", said managing partner of TCCM, Kamil Vacek.
Partner Tomáš Doležil headed up the JŠK team for the transaction, consisting of Michal Jenželovský, senior lawyer, and Michaela Krajíčková, junior lawyer. The Slovenian team was led by Simon Bračun, partner in Kavčič, Bračun & Partners, assisted by Špela Juratovec, associate.
Commenting on the deal, Tomáš Doležil said: “We could once again demonstrate our cross-border capabilities in regional deals. We knew from the very beginning that the transaction was very important for TCCM from a business perspective and are pleased that it has been completed.”
Simon Bračun noted: “It has been a successful transaction as a result of effective work and excellent cooperation between TCCM, JŠK and our firm as a local legal advisor.”
JŠK is a mid-sized law firm delivering services for clients in all areas of commercial law, with particular experience in M&A, finance and banking, insurance, construction, real estate and energy regulation. The firm has been operating on the Czech market since 2004 and among its clients are respected banks, insurance companies, private equity funds and corporations as well as mid-sized enterprises and investors.
JŠK is a member of a unique network of commercial law firms called PONTES, which includes law firms from most of the Central and Eastern European countries.