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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.

Czech Republic Knowledge Partner

PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.

Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).

Firm's website: www.prkpartners.com

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