Advising Yeong Chin Machinery on Acquisition of Stake in TRIMILL
Our assistance included comprehensive transactional advice. We also assisted the client in drafting the application for approval of the acquisition as a foreign investment and were the client’s legal counsel in the relevant proceedings – one of the first in the Czech Republic. The system for controlling investments from non-EU countries in strategic assets relevant to the security and internal order of the Czech Republic has been in force since 1 May 2021, and certain foreign investments in Czech assets (including private ones) are thus subject to prior approval by the Ministry of Industry and Trade.
More information is available in the companies' press releases here and here.
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KŠB Assisted with the Refinancing of the BigBoard Group, a leading player in the premium outdoor advertising market
Our team provided legal advice to BigBoard Praha, a leading player in the premium outdoor advertising market in the Czech Republic, in connection with its refinancing. Founded in 1993, the BigBoard Group is the largest provider of premium outdoor advertising in the Czech Republic, with an approximately 70% market share and annual turnover of around CZK 2 billion. Its advertising media cover key locations across the country, including the Prague metro and major transport hubs.
KŠB Assisted Sandberg Capital with a Majority Investment in HotelTime Solutions
The KŠB team provided legal advice to the investment group Sandberg Capital on the completion of a majority investment in HotelTime Solutions, one of the leading providers of cloud-based software for hotel operations management.
KŠB assisted Seyfor with the extension of its financing provided by Raiffeisenbank, Tatra banka and, newly, Slovenská sporiteľňa.
The KŠB team provided legal advice to its long-standing client Seyfor in connection with the continuation and expansion of its syndicated financing. The existing lending banks, Raiffeisenbank Czech Republic and Tatra banka, decided to continue supporting Seyfor’s growth, with Slovenská sporiteľňa joining the financing as a new lender.
