Kinstellar has successfully advised on the Czech aspects of the divestment of Xella, a leader in building solutions, to an affiliate of US private equity group Lone Star in a deal valued at €2.2bn.
Other international legal advisers involved in the transaction were Gibson Dunn & Crutcher; Milbank Tweed Hadley & McCloy; Hengeler Mueller and Kirkland & Ellis.
Xella is the world’s largest manufacturer of aerated concrete blocks, calcium-silicate units, and high-performance boards and is the leading producer of lime and limestone on the Czech market.
The company operates 96 production plants in 20 countries and employs over 5,900 employees globally.
Kinstellar advised Xella with regard to its Czech affiliates on the Czech law aspects of the transaction, in particular on general corporate, real estate and employment matters.
The Kinstellar team was led by Kamil Blažek, partner and head of the firm-wide infrastructure and projects sector. Team members from the Prague office included Karla Rundtová (of counsel), Martin Šeda (managing associate), Tereza Naučová (senior associate), and Adam Němec and Barbora Ševčíková (associates).
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