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Interlaw’s Czech Republic Firm Advises on Production Plant Deal

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Interlaw’s partner firm in the Czech Republic, DELTA legal, has advised CTP Group on the sale and leaseback purchase of Petainer’s Aš-based beverage packaging production plant.

Under the deal, the firm performed a legal due diligence review for CTP Group and participated in the negotiation of transaction documentation.

Commenting on the news, Pavel Fára, who led the deal for the firm, said:

“We are delighted to have had the opportunity to work with CTP on yet another interesting transaction and it is especially pleasing that proceedings were successfully completed at a time when other M&A transactions in the region were suspended.”

“We are currently seeing sale and leaseback transactions such as this become increasingly popular, both on the part of businesses owning industrial real estate and clients from investment funds.”

Supporting Pavel Fára on the deal from the firm were lawyers Veronika Chrobok, Lýdia Cadete, Renata Hurychová, Libor Vacek and Jiří Absolon.