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News

Weinhold Legal advises RENOMIA on the largest acquisition in its twenty-five-year history (IMG)

11.01.2019
Company: Weinhold Legal, v.o.s. advokátní kancelář

Weinhold Legal has advised RENOMIA, a.s., the market leader amongst Czech insurance brokers, in connection with the largest acquisition in its twenty-five-year history on the Czech market, by acquiring a majority stake in the IMG a.s. This key merger will give rise to the creation of the first insurance brokerage firm in the Czech Republic that will surpass 10 billion Czech crowns in terms of administered premiums. A total of 1,500 financial experts are expected to work for the brokerage firm. Presently, IMG a.s. is in charge of administrating a product volume of 400 million Czech crowns.
 
The Weinhold Legal team was led by partner Martin Lukáš in cooperation with managing attorney-at-law Václav Štraser.
 
(For further information on the transaction, please go to: Ihned.cz).

 

About Weinhold Legal
 
Ever since the establishment of its Prague office in 1996, the legal practice of Weinhold Legal has maintained a strong presence on the Czech market. The law firm currently boasts a team of more than forty highly-qualified experts. Weinhold Legal has been selected in the LAW FIRM OF THE YEAR 2018 awards, held under the auspices of the Minister of Justice of the Czech Republic and the Czech Bar Association as "Highly recommended law firm" in the category of Czech Firm on the International Markets, Restructuring & Insolvency, Capital Markets, Intellectual Property, and as a "Recommended law firm" in the categories of Competition Law, Mergers & Acquisitions, Banking & Finance, Labour Law. Weinhold Legal has been highly ranked in international client guides to the best law firms on the market today, among them Legal 500, Chambers and Partners, and IFLR. For more information, please visit our website at http://www.weinholdlegal.com

Tags: Law |

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