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Freshfields, CMS, and White & Case Advise on Zentiva’s Acquisition of Alvogen CEE

Freshfields, CMS, and White & Case Advise on Zentiva’s Acquisition of Alvogen CEE

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Freshfields Bruckhaus Deringer and CMS have advised Advent International and its European medicines producer Zentiva on Zentiva’s acquisition of the Central and Eastern European business of Alvogen. White & Case advised Alvogen on the deal, which is expected to close in the first quarter of 2020.

Zentiva is an international pharmaceutical company that is based in Prague and focuses on developing, manufacturing, and marketing generic pharmaceutical products.

Alvogen CEE markets over 200 generic and over-the-counter products across multiple therapeutic areas in 14 markets, including Russia, Romania, Bulgaria, Hungary, Poland, and the Balkans. 

The Freshfields team included Partners James Scott, Helen Lethaby, Alan Ryan, and Jochen Dieselhorst, Senior Associate Vincent Bergin, and Principal Associate Lutz Dralle.

CMS' Prague-based team included Managing Partner Helen Rodwell, Senior Associates Frances Gerrard and Marketa Frankova, Associates Pavel Drimal and Tristan O’Connor, and Trainee Solicitor Moritz Kopka. The team also had support from Sofia-based Partner Atanas Bangachev, Bucharest-based Partner Horea Popescu and Senior Associate Claudia Popescu, Budapest-based Partner Aniko Kircsi and Senior Associate Peter Toth, Warsaw-based Partner Rafal Zwierz and Senior Associate Gregorz Paczek, Moscow-based Consultant David Cranfield and Senior Associate Maxim Gubanov, and London-based Senior Associate John Markham and Associate Madeeha Anthony.

White & Case's London-based team included Partners Steven Worthington, Lucy Bullock, Lindsey Canning, Martin Forbes, Marc Israel, and Peita Menon, Counsel Paul Harrington, and Associates Katarina Ward, Benjamin Morrison, James Turner, Jean Renaldy, and Oliver Alsop.  

Editor's Note: After this article was published Romania's Bondoc si Asociatii announced that it had worked alongside White & Case in advising Alvogen on the sale of its CEE business to the Zentiva group.

Czech Republic Knowledge Partner

HAVEL & PARTNERS, attorneys-at-law, with offices in Prague, Brno, Bratislava, Pilsen, Olomouc, and Ostrava, has a team of 220 lawyers, tax advisors and 500 employees in total, is the largest independent law firm in Central Europe.

Our clients include large international companies, leading Czech and Slovak firms, including strategic state-owned companies and public sector authorities, as well as medium-size businesses, individual entrepreneurs, and investors. We advise approximately 100 of the Fortune 500 companies, and almost 50 of the Czech Top 100 companies. HAVEL & PARTNERS currently provides its services to a total of 2,000 clients. We have the most comprehensive international support available to both Czech and Slovak law firms. We provide legal and tax advice in 12 world languages in more than 90 countries around the globe. Up to 70 % of the transactions we deal with involve an international aspect.

HAVEL & PARTNERS was named the best law firm operating in the Czech Republic by the prestigious British rating agencies Chambers and Partners (2020) and Who’s Who Legal (2018, 2019). It is also the most successful law firm, providing the most comprehensive legal services in the Czech Republic and Slovakia, based on the total number of all nominations and awards in all years of the Law Firm of the Year awards. The firm became the absolute winner of this competition four times in the last six years, receiving the main award Domestic Law Firm of the Year in the Czech Republic (2015, 2017, 2018, 2020) and ranking as one of the most recommended law firms in all categories of law. Our company is also a three-time winner of the Law Firm of the Year award for Best Client Services (2015, 2016, 2019). In the field of M&A, HAVEL & PARTNERS is the best law firm in the Czech Republic based on the annual International Advisory Experts awards (2018, 2019). In Slovakia, it also won the prestigious global M&A Today Awards (2013–2018) for Mergers & Acquisitions six times in a row, and repeatedly won first place in the ranking by Lawyer International Legal 100 (2017, 2018). Prestigious international rating agencies EMIS DealWatch and Mergermarket have ranked HAVEL & PARTNERS among the leading law firms by the number of transactions completed in the entire CEE region since 2009. Based on annual awards of the Acquisition International magazine, HAVEL & PARTNERS has become the Law Firm of the Year 2019 in the M&A category in the CEE region.

Firm's website: https://www.havelpartners.cz/en/

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