Clifford Chance has advised Ceskoslovenska Obchodni Banka on the financing for the acquisition of Gastro-Menu Express by Oriens Holding. Rowan Legal reportedly advised Oriens.
According to the firm, the transaction strengthens Oriens' position in the food and retail market. Oriens is an independent privately owned holding, with a focus on private equity investments in the Czech Republic, Hungary, Germany, Poland, and Slovakia.
Gastro-Menu Express, founded in 1998 in the Czech Republic, specializes in the production of food products and their subsequent distribution to retail chains and the retail network.
The Clifford Chance team was led by Partner Milos Felgr and Associate Bara Mika and included Junior Lawyer Tomas Kubala and Paralegal Radek Sikora.
Editor's Note: After this article was published, Rowan Legal confirmed it had advised the Oriens Fund III SCSp through Stroga Holding – a subsidiary wholly owned by Deli Holding, which is owned by Oriens – on the acquisition of Gastro-Menu Express. The Rowan Legal team was headed by Partner Martin Subrt and included Partners Jan Frey and Jan Mekota, Associate David Orsulik, and Junior Lawyers Barbora Ungrova and Veronika Kvapilova.