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Noerr and Havel & Partners Advise on ISS's Divestment in Eastern Europe

Noerr and Havel & Partners Advise on ISS's Divestment in Eastern Europe

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Noerr has advised facility services provider ISS on the divestment of its main subsidiaries in the Czech Republic, Slovakia, Romania, and Hungary to Hungarian facility management company B+N Referencia Zrt. Havel & Partners advised B+N Referencia on the transaction, which remains contingent on regulatory approval.

According to Noerr, “the four subsidiaries represent an annual turnover of EUR 67 million, with approximately 4,000 employees currently working in the four [countries]. The divestments are in line with ISS’s strategy to simplify and focus its business towards key account customers.”

Noerr’s team included Partner Barbara Kusak, Counsel Akos Mates-Lanyi, Senior Associate Martin Tupek, and Associates Michal Janicek, Lucia Luptakova, Barbora Safarikova, Anezka Vecerova, Catalina Oancea, Adam Pichler, and Ildiko Angeli.

Havel & Partners' team included Partner Jan Koval, Managing Associate Robert Porubsky, and Senior Associate Ivo Skolil.

Editor's Note: After this article was published, Romania's RTPR announced that it also advised B+N Referencia on the deal. The firm's team was supervised by Partner Mihai Ristici, coordinated by Associate Marina Fecheta-Giurgica, and included Counsel Roxana Ionescu, Associates Ioana Ilie, Andrei Tosa, Cezara Urzica, Petrus Partene, Codrina Simionescu, and Lia Ilie and Junior Associates Raluca Marcu and Iustina Nastasa.