WKB, together with the Czech law firm Havel & Partners, advised EQOS Energie Holding S.à r.l. on the process of divesting 100% of its shares in subsidiaries EQOS Energie Polska Sp. z o.o. and EQOS Energie Česko spol. s r.o. to Polish-based Avallon MBO Fund II and Czech-based Genesis Private Equity Fund III (GPEF III). The transaction closed on 11 April 2018.
EQOS Energie Group is one of the leading service providers for technical infrastructure networks in Europe, backed by the German-Swedish private equity firm Triton. The decision to exit the Czech and Polish markets is part of a long-term strategy focusing on energy, telecommunications and transport infrastructure activities, while the Czech and Polish subsidiaries specialise in construction and technical services in their home markets which is out of the scope of main business activity of EQOS Energie Holding. Upon transaction closing, the Czech and Polish companies will operate under the new brand Stangl Technik.
WKB advised EQOS Holding on all legal aspects of the transaction, including due diligence and negotiations of the documents with potential investors, as well as coordinating the activities of the Czech legal advisors. The transaction was subject to clearance from the President of the Office of Competition and Consumer Protection in Poland and the Office for the Protection of Competition in the Czech Republic.
(partner) and Adrian Michalak (senior associate) were the key lawyers advising EQOS Energie Holding.