17. 7. 2023
Press Releases
bpv BRAUN PARTNERS, Arthur Braun, M.A., JUDr. Lucie Kalašová, LL.M., Mgr. Alexandr Pech, Mgr. Evelina Weagová
bpv BRAUN PARTNERS advised the Gebr. Heinemann SE & Co. KG, a leading Hamburg-based distributor and retailer in the international travel market, on the acquisition of a 100 % stake in the Czech company TRAVEL FREE s.r.o. from UNIMEX GROUP a.s. and small related real estate transfers. bpv BRAUN PARTNERS`s services included due diligence, merger control clearance and negotiation of transaction documentation.
Renowned for offering an extensive range of branded products, including tobacco, coffee, spirits, perfume, cosmetics, sweets, and regional specialties, the 20 Czech TRAVEL FREE bordershops have operated as a joint venture between Gebr. Heinemann and UNIMEX since 2004 and have grown to a turnover above 3 billion CZK over the years. The parties decided not to disclose the total price of the transaction.
Legal advice to purchaser was provided by team consisting of managing partner Arthur Braun (team lead), with further support of Of counsel Lucie Kalašová and senior associates Alexandr Pech and Evelina Weagová (competition, real estate).
The long prepared and hotly debated law was passed a few days ago by the Lower chamber in its third reading without opposition and will most likely come into force on 1 July 2023.
bpv BRAUN PARTNERS advised its client, IMMOFINANZ, on the acquisition of 53 retail properties from CPI Property Group (CPIPG).
Our alliance partner's office is the Austrian winner again. Congrats!
