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Glatzova & Co Advises PFC on Acquisition of Majority Stake in Aukro

Glatzova & Co Advises PFC on Acquisition of Majority Stake in Aukro

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Glatzova & Co has advised the Pale Fire Capital investment group on its acquisition of 55 percent of shares in the Czech Aukro.cz business portal from Agora Development, Equity Partners, and Ladislav Chodak for an undisclosed price. The sellers were reportedly advised by Kubica Zajic & Partners. The remaining 45 percent of Aukro.cz is owned by Leverage Technology, reportedly advised by solo-practitioner Ondrej Kolar.

Aukro.cz is a commercial auction site in the Czech Republic that was launched in 2003. Its business model combines the sale of new and used goods at a fixed price or at auction. 

The Glatzova & Co team was led by Partner Jan Vesely.

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