17.3.2015
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News
M&A

KŠB advises in connection with the acquisition of Kékkúti Ásványvíz

Karlovarské minerální vody (KMV) successfully signed the contract for the acquisition of the Hungarian bottled water number one Kékkúti Ásványvíz, which up to now belonged to Nestlé Waters. The negotiations on the sale of the Hungarian division of Nestlé Waters bottled water took more than one year.

KMV launched its European expansion in 2008 when it purchased the Austrian company Waldquelle, which under KMV’s management has become the second largest drink company on the local market. In addition to the Czech Republic, KMV now also operates in Slovakia, Austria, Germany, Poland and Ukraine .

KMV is the largest producer of mineral and spring water in Central and Eastern Europe with a long tradition of, in particular, its main Mattoni brand. KMV’s wide experience in the field of bottling and sale of mineral and spring water together with the offer of a wide soft drink portfolio will strengthen Kékkúti Ásványvíz’s position on the Hungarian market. This acquisition project also includes KMV’s   other investments into the purchased drink company.

Karlovarské minerální vody, a.s. is the largest producer of mineral and spring water in the Czech Republic and the Central and Eastern Europe.

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KŠB is continuing its previous legal advisory work for J&T, Unicredit and Česká spořitelna on the bond programme of the investment group EMMA Capital, which is recording strong investor interest on the market again in the second half of the year.

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Kocián Šolc Balaštík (KŠB) has obtained a significant victory before the Czech Supreme Court in a dispute over the fairness of the consideration paid to minority shareholders in Léčebné lázně Mariánské Lázně a.s. In its judgment in case no. 27 Cdo 1678/2025, the Court dismissed the claimants’ appeal and upheld the lower courts’ decisions. KŠB lawyers Radka Felgrová and Vlastimil Pihera represented the company and its majority shareholder.

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KŠB provided legal advice on the sale of a 75% stake in Znakon, Znakon Asfalt and Znakon Servis to enteria, a Pardubice-based group and one of the Czech Republic’s largest construction holdings.

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