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).
"This is a matter of survival for law firms. They will become more digital, or they will disappear." Arthur Braun M.A.- MANAGING PARTNER
On October 6, 2022 the European Council issued Regulation (EU) 2022/1854 stipulating the framework for a levy on excessive revenues from electricity sales. The individual member states are to determine the details regarding the Levy, including its final amount and the conditions under which it will apply to electricity.
Arthur Braun: "This is a matter of survival for law firms. They will become more digital, or they will disappear."
