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Kinstellar Advises Max Aicher on Acquisition of Pilsen Steel

Kinstellar Advises Max Aicher on Acquisition of Pilsen Steel

Czech Republic
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Kinstellar has advised Max Aicher GmbH & Co. KG on the acquisition of the enterprises of the bankrupt Czech companies, Pilsen Steel s.r.o. and Pilsen Estates s.r.o., from insolvency administrator Jaroslav Broz. Tarpan Partners were on the insolvency administrator’s team, while Roedl & Partner served as tax advisors to the Max Aicher group.

According to Kinstellar, “the company was considered to be the world's biggest producer of windmill shafts and one of the biggest suppliers of large crankshafts for diesel engines."

“As a result of the deal, Max Aicher Pilsen, s.r.o. – the newly founded Czech subsidiary of Max Aicher GmbH & Co. KG – acquired real estate property and plots of land measuring more than 200,000 square meters, together with all movable and immovable assets pertaining to the business activities of the insolvent companies; this includes machinery, equipment, supplies, and scrap metal”, Kinstellar reports. “The Max Aicher Group is a family business, founded in 1924 in Freilassing, southern Germany, with a turnover of some EUR 1 billion. The group is active in the steel, construction, real estate, and tourism industries, as well as in the environment and recycling sectors, and is one of the largest independent steel companies in Europe.”

Kinstellar’s team was led by Partner Kamil Blazek and included Associate Vaclav Kment and Junior Associate Stepanka Havlikova.

Czech Republic Knowledge Partner

JŠK, advokátní kancelář, s.r.o. (JŠK) is a medium-sized law firm based in Prague providing a comprehensive range of commercial legal advisory services in the Czech Republic. Our team consists of almost 30 lawyers, five of whom are partners with many years of experience from leading international law firms. We advise local and international clients from banking, insurance and various industry sectors, boast a respected projects practice, and work for the public sector at the federal and municipal level.

Ever since it was founded in 2004, JŠK has striven for the epitome of professionalism, expertise and ethical integrity. We continuously seek to surpass what large global law firms can offer and to give our clients a personal approach. All mandates are equally important to us regardless of size as we guide clients through both complex and seemingly routine matters.

Our clients turn to us for advice when implementing their business plans across all areas of commercial law. We are proud members of PONTES: the CEE lawyers, a unique network of law firms through which we provide services not only in the Czech Republic but also in Austria, Bulgaria, Hungary, Poland, Romania and Slovakia.

Firm's website: http://www.jsk.cz

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