VGP leases warehouse space to Hella Autotechnik
The tenant is Hella Autotechnik Nova, one of the largest Czech employers in the automotive industry specializing in the development and production of headlights for Volkswagen, Audi and BMW.
We have advised VGP Group on a long-term basis on purchasing, selling, operating and leasing out warehouses, production halls and office buildings. In 2021 we advised the group on negotiating leases for nearly 180,000 sqm in the Czech Republic and over 141,000 sqm abroad (Slovakia, Hungary, Latvia) - more information here.
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KŠB achieved a significant victory in one of the most closely watched cases concerning a review of the adequacy of the consideration paid in a squeeze-out of minority shareholders
The Municipal Court in Prague, in the first instance, dismissed the claims of former minority shareholders of PFNonwovens a.s., who challenged the adequacy of the consideration paid during the squeeze-out carried out in March 2021 and sought to have it increased by up to double the amount.
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