26.6.2024
News
M&A

KSB Represents Dagmar Havlová in Entry of New Investor into Lucerna Palace

We are proud to have been at the beginning of a new chapter in the history of Lucerna Palace, an iconic place at the heart of Prague's cultural and social life. This transaction is not just an ordinary deal; it is a fusion of tradition with modernity, history with vision. Lucerna Palace, with its rich cultural heritage and unmistakable Art Nouveau style, opens the door to new opportunities and experiences.

Dagmar Dubecká, Martin Šolc and Ota Mach advised Dáša Havlová (the wife of the late Ivan Havel, brother of former President Václav Havel) on transferring Lucerna Palace and assisted her with involving a new investor, BTL Healthcare Technologies, a Czech manufacturing company engaged in the production of medical and cosmetic products.

As part of the newly created structure, Lucerna Palace was incorporated into Palác PL, in which BTL now holds a 75% stake, with the remaining quarter owned by Ms. Havlová. Thanks to BTL's investment and Dáša Havlová's unwavering enthusiasm and passion, Lucerna is set to continue the renovation work already underway, including the restoration of the historic balustrades on the roof terraces, which will be used for social events, and the restoration of the part facing Štěpánská Street.

More details can be found 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

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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.