11.1.2023
News
M&A
Real estate and construction

JTZE (J&T Agriculture and Ecology) becomes number two on the Czech agricultural market

KSB's team advised JTZE (J&T Zemědělství a Ekologie) on the acquisition of a total of 11 companies under Spearhead Czech and Spearhead Slovakia. The companies, located in the vicinity of Kardašova Řečice, Jihlava, Hradec Králové, Olomouc and Nitra in Slovakia, are primarily active in the field of crop and livestock production.

Thanks to the acquisition, JTZE Group, which started its agricultural business in 2020, became the number two company on the Czech agricultural market in terms of the size of cultivated land (37,000 hectares after the acquisition).

Jiří Horník, Jakub Porod and Zuzana Slabá prepared and negotiated the transaction, while Pavel Dejl, Martin Vráb and Karolina Vosátková represented the company in front of the Czech Competition Authority. In addition, Martin Krejčí, Ivo Průša and Tomáš Trávníček assisted with the acquisition financing provided by the group of banks (led by Komerční banka).         

More details can be found for example here.

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With deep sorrow, we announce the passing of JUDr. Alexandr Kocián, one of the founders of our firm.

e was not only an icon of the legal profession in Karlovy Vary and a respected lawyer, but also an inspiring colleague, a mentor to an entire generation of our attorneys, and, last but not least, a man with a sense of humor who always spread good cheer.