DLA Piper advises Michelin on acquisition of ČEMAT

DLA Piper has advised leading mobility company Michelin, on its acquisition of ČEMAT, a sales-focused company that offers accessories for handling equipment and construction machinery on Czech and Slovak market.

With this acquisition, Michelin will strengthen its footprint and service operation in the Czech Republic and Slovakia, while ČEMAT will be joining a leader in mobility, strengthening its access to the market.

The DLA Piper team in the Czech Republic was led by Miroslav Dubovský, Head of the Corporate practice and Country Managing Partner, assisted by associates Jan Rataj, Jan Metelka and Valeria Kolářová. In Slovakia the team was led by Michaela Stessl, Country Managing Partner, and senior associate Eva Skottke.

Commenting on the transaction, Miroslav Dubovský, said: “Manufacturing and distribution of tires have a long tradition in the Czech Republic. We’re thrilled that we could assist Michelin in the expansion of its footprint on Czech and Slovak markets and we could demonstrate our cross-border capabilities once again.”