Member Article

Kocián Šolc Balaštík kicked off the new year by helping complete a significant transaction: the sale of UG Air, an operator of duty free and fashion shops at the international airport in Prague, to Aelia Czech Republic s.r.o.

KSB has provided legal advice to UNIMEX GROUP, a.s. on a long-term basis and the duty free & travel value transaction outlined above involved legal advice on the structure of the transaction, approval by the Competition Authority, drafting of the share purchase agreement, and negotiations with the purchaser on the related documentation.

UNIMEX GROUP, a.s. is one of the largest private companies in the Czech Republic primarily engaged in tourism, trade, and development.