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Randa Havel and DRV Legal Advise on Bronswerk Sale of Czech Subsidiary to PBS Industry

Randa Havel and DRV Legal Advise on Bronswerk Sale of Czech Subsidiary to PBS Industry

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Randa Havel Legal has represented the Dutch company Bronswerk Heat Transfer Holding B.V. in the sale of its Czech subsidiary Bronswerk Heat Transfer spol. s.r.o. to PBS Industry. The DRV Legal firm advised PBS — which is owned by the Jet Investment investment fund — on the deal.

Randa Havel describes the Bronswerk Group as "a leading supplier of technology for heat exchange, with a focus on air coolers, condensers, depth exchangers and cooling towers," and says that "its products and services are widely used by energy and petrochemical companies operating worldwide."

The Randa Havel team was led by Partner Alois Satava and Senior Associate Michal Palinkas. 

The DRV Legal team was led by Partner Tomas Rada.

Czech Republic Knowledge Partner

HAVEL & PARTNERS, attorneys-at-law, with offices in Prague, Brno, Bratislava, Pilsen, Olomouc, and Ostrava, has a team of 250 lawyers, tax advisors and 500 employees in total, is the largest independent law firm in Central Europe.

Our clients include large international companies, leading Czech and Slovak firms, including strategic state-owned companies and public sector authorities, as well as medium-size businesses, individual entrepreneurs, and investors. We advise approximately  150 of the Fortune 500 companies, almost 50 of the Czech Top 100 companies and 20 of the TOP 100 Slovak companies. HAVEL & PARTNERS currently provides its services to a total of 2,500 clients. We have the most comprehensive international support available to both Czech and Slovak law firms. We provide legal and tax advice in 12 languages in more than 110 countries around the globe. Up to 70 % of the transactions we deal with involve an international aspect.

HAVEL & PARTNERS was named the best law firm operating in the Czech Republic by the prestigious global rating agencies Chambers and Partners (2020, 2021) and Who’s Who Legal (2018, 2019). It is also the most successful law firm, providing the most comprehensive legal services in the Czech Republic and Slovakia, based on the total number of all nominations and awards in all years of the Law Firm of the Year awards. The firm became the absolute winner of this competition four times in the last six years, receiving the main award Domestic Law Firm of the Year in the Czech Republic (2015, 2017, 2018, 2020) and ranking as one of the most recommended law firms in all categories of law. Our company is also a four -time winner of the Law Firm of the Year award for Best Client Services (2015, 2016, 2019, 2020). In the field of M&A, HAVEL & PARTNERS is the best law firm in the Czech Republic based on the annual International Advisory Experts awards (2018, 2019). Prestigious international rating agencies EMIS DealWatch and Mergermarket have ranked HAVEL & PARTNERS among the leading law firms by the number of transactions completed in the Czech Republic since 2010. Based on annual awards of the Acquisition International magazine, HAVEL & PARTNERS has become the Law Firm of the Year 2019 in the M&A category in the CEE region.

Firm's website: https://www.havelpartners.cz/en/

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