MAGNA Group takes over auto plastic parts manufacturer Cadence Innovation
Cadence Innovation is a major Czech manufacturer of plastic parts for the automotive industry with three manufacturing plants in the Czech Republic and one plant in Hungary.
KSB performed a due diligence of the target company and subsequently assisted the client in preparation of the transaction documentation.
Consent from the relevant authorities to the merger of the competitors is also necessary for the realization of the takeover.
Other articles
When Excessive Prevention Does More Harm Than Good
At the end of 2025, the Supreme Court of the Czech Republic ruled that the preventive retention of traffic and location data under the Electronic Communications Act infringes the rights of the persons whose data is concerned.
KŠB Advises on the Establishment of FIDUROCK Retail Parks Fund SICAV
Kocián Šolc Balaštík advised Fidurock on the establishment of FIDUROCK Retail Parks Fund SICAV, an investment fund targeting qualified investors and focused on areal estate portfolio in the Czech Republic and Slovakia.
KŠB Announces Senior Appointments: Ivo Průša Named Partner; Dana Jacková, Jana Guričová and Ján Béreš Promoted to Counsel
Kocián Šolc Balaštík (KŠB) has recently made several senior appointments within its leadership team. Ivo Průša has been named Partner as of 1 January 2026, while Dana Jacková, Jana Guričová and Ján Béreš have been promoted to the position of Counsel.
