Havel & Partners has advised the Premium Design Group on its acquisition of 100% of the shares in the manufacturing cooperative Javorina.
Financial details of the transaction were not disclosed.
Javorina is a Slovakia-based manufacturer of wooden furniture and Premium Design Group is a producer and distributor of equipment for interior and exterior decoration.
According to Havel & Partners, “by acquiring Javorina ... Premium Design Group wants to help the company fulfill its potential and by 2025 expand its current largely diverse export portfolio beyond its deliveries to Austria, Belgium, Germany and Dubai, building a franchise network in CEE countries within two to three years.”
Havel & Partners’ team included Partner Vaclav Audes and Senior Associate Juraj Petro.
Havel & Partners could not disclose additional info about the transaction.