Schoenherr Advises Metro on Acquisition of 25% Stake in Kosik Holding

Schoenherr Advises Metro on Acquisition of 25% Stake in Kosik Holding

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Schoenherr has advised Metro on its acquisition of a 25% stake in Kosik Holding with a 5% option on top if Kosik expands into other CEE markets in collaboration with Metro. White & Case reportedly advised Kosik.

Kosik Holding is the parent company of the Kosik.cz and Kolichka.bg online supermarket, an e-grocery delivery service currently active in the Czech Republic and Bulgaria. The company currently serves 190,000 customers across the Czech Republic and fulfills around 6,000 orders daily.

Metro is a food wholesale company serving approximately 17 million customers in more than 30 countries and employing over 93,000 people worldwide.

Schoenherr’s team included Czech Republic-based Partner Vladimir Cizek, Attorneys at Law Michal Jendzelovsky, Ondrej Havlicek, Stanislav Bednar, Helena Hangler, Jak Kupcik, and Viktor Pakosta, and Associates Natalie Dubska and Sebastian Speta, together with Bulgaria-based Partner Alexandra Doytchinova, Local Partner Stefana Tsekova, Counsel Elena Todorova, and Attorneys at Law Katerina Kaloyanova-Toshkova and Ventsislav Tomov.