18.9.2007
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News
M&A
KSB assists Saudi Basic Industries Corporation (acquisition of GE Plastics)
Kocián Šolc Balaštík advised <a href="http://www.sabic.com/" title="Saudi Basic Industries Corporation" >Saudi Basic Industries Corporation (SABIC) on the Czech involvement in the world-wide acquisition of the plastics division from General Electric. The acquisition was completed on 31 August 2007. The deal is worth more than 11 billion USD.

The new plastics division – to be known as SABIC Innovative Plastics – will makea significant contribution to SABIC's existing plastic products portfolio andprovide access to new markets. SABIC's aim is to continue development ofthermoplastics and engineering plastics for the automobile, electronic andbuilding industries, as well as the health sector.
Other articles
28.5.2025
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News
Advising GRIDARCH a.s. on the Sale of Land in the Ostrava Airport Multimodal Park
KSB’s team (Jiří Horník, Jakub Porod, Jakub Mehl) provided legal counsel to GRIDARCH a.s. in connection with the sale of land located in the Ostrava Airport Multimodal Park (OAMP), which is being developed into an industrial zone with logistics facilities. The purchaser of the 110,000 sqm of commercial land was EQT Exeter.
20.5.2025
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News
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.