JSK Advises KB SmartSolutions on Acquisition of Enviros

JSK Advises KB SmartSolutions on Acquisition of Enviros

Czech Republic
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JSK has advised Komercni Banka group company KB SmartSolutions on the acquisition of Enviros. Hartmann Jelinek Frana and Partners reportedly advised the seller.

According to JSK, the transaction included the full acquisition of Enviros sro in the Czech Republic and the acquisition of a stake in the UK's Enviros Global Limited. "With the acquisition of Enviros, Komercni Banka has expanded its activities in the field of energy and environmental consulting, which will significantly strengthen its existing advisory position in ESG, energy, energy saving projects, and the environment," the firm informed.

Operating since 2004, Enviros is an energy and environmental consulting company. The company also acts as an independent advisor for the financing of energy-saving and renewable energy projects in the Central European market.

"We at Komercni Banka have long been aware that a sustainable and responsible way of doing business is important not only for us but also becomes an essential value for our clients," Komercni Banka Board of Directors Member David Formanek commented. "By integrating Enviros into the KB Group, we will become a clear advisory leader in the field of energy and ESG, as well as the only bank that will be able to provide clients with a complete range of services from consulting to sustainable financing."

The JSK team was led by Partner Roman Kramarik and included Managing Associate Patrik Muller and Junior Associate Tomas Kral.