Kinstellar has advised the Genesis Private Equity Fund IV on the acquisition of a majority stake in Czech specialized metal product manufacturer GAF. Moore Legal advised Ludek Fofonka on the sale.
Headquartered in Zamberk, the Czech Republic, GAF operates in metal fabrication, focusing on the complex custom processing of steel, stainless steel, and aluminum.
According to Kinstellar, "the founder and current 100% owner, Ludek Fofonka, will retain a significant stake in the company. At the same time, key managers who are also investing in the company will take over [his] management role and, together with the new owner, plan to build on the successful development of the company in recent years."
Earlier this year, Kinstellar advised on Genesis Capital's acquisition of the Schulte Group (as reported by CEE Legal Matters on March 20, 2024) and on its sale of Sanborn to Oriens (as reported by CEE Legal Matters on January 17, 2024).
The Kinstellar team included Partners Jan Juroska and Tomas Cihula, Managing Associate Michal Kniz, Senior Associate Martina Mazurkova, Junior Associates Dominik Sevcu and Antonin Seidel, and Research Assistant Jakub Rubas.
The Moore Legal team was led by Attorney at Law Jakub Zuban.
