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Crystalite Bohemia bought by Crystal BOHEMIA a.s.
February 7, 2020
HOLEC, ZUSKA & PARTNERS advised the owner of CRYSTALITE BOHEMIA a.s., Světlá nad Sázavou a leading Czech manufacturer and exporter of lead-free beverage and decorative glass in connection with the sale of 100% shares and related concentration with Crystal BOHEMIA a.s., Poděbrady the largest Czech manufacturer and exporter of lead crystal glass.
The transaction was executed on January 17, 2020, with closing on February 6, 2020. The financial terms of the transaction remain confidential. HOLEC, ZUSKA & PARTNERS organized a due diligence review at CRYSTALITE BOHEMIA a.s. and provided the owner of the glassworks in Světlá nad Sázavou with comprehensive legal support in the preparation and execution of the transaction from the perspective of the Czech law. HOLEC, ZUSKA & PARTNERS team was led by Pavel Holec, partner of the office, together with Iva Valová, another partner. The Buyer – Crystal BOHEMIA a.s. was represented in the transaction by attorneys from the law firm of Petr Voříšek led by František Povolný and František Šustr.