Clifford Chance has advised Ceskoslovenska Obchodni Banka and Ceska Sporitelna on the financing for Oriens group member Central European Retail Holding's acquisition of the Hruska retail chain through the full acquisition of Hruska and Sempronemo. Clifford Chance also advised Oriens on the acquisition transaction.
According to Clifford Chance, with over 500 stores, Hruska is a "significant player in the Moravian and Eastern Bohemian regions. The acquisition strengthens Oriens group's presence in the Czech retail market."
Previously, Clifford Chance advised Ceska Sporitelna on the financing for Oriens Group's acquisition of S&K Tools (as reported by CEE Legal Matters on March 29, 2024) as well as on the financing for its acquisition of Sanborn (as reported by CEE Legal Matters on December 6, 2023).
The Clifford Chance team included Managing Partner Milos Felgr, Counsels Michal Jasek and Petr Sebesta, Senior Associates Hana Cekalova and Tomas Prochazka, and Junior Lawyers Sara Bartlova, Martin Hrachovina, Jiri Krejca, and Petr Rysina, with further team members in Luxembourg.
Clifford Chance did not respond to our inquiry on the matter.
