The team of the most successful and largest Czech-Slovak law firm HAVEL & PARTNERS, led by partner Václav Audes, advised Premium Design Group on the acquisition of a 100% share of the Javorina cooperative. The investment group Premium Design Group, a benchmark setter in the field of premium interior design, thus gained full control of Javorina, a Slovak manufacturer of wooden furniture with over 70 years of tradition.
The legal team advising the Premium Design Group was made up of experienced experts specialising in corporate law and M&A, headed by the firm’s partner Václav Audes and senior associate Juraj Petro.
Established in 1947 in the foothills of the Slovak Tatra mountains, the Javorina manufacturing plant focuses on the production of wooden furniture with a character and reference to traditions, but also with cutting-edge contemporary design. Its corporate values include respect for nature, renewability, durability, and the timelessness of its products – concepts that are highly topical today and make the company successful at winning customers not just in Slovakia.
By acquiring Javorina, the new owner of Premium Design Group wants to help the company fulfil its potential and by 2025 expand its current largely diverse export portfolio beyond its deliveries to Austria, Belgium, Germany and Dubai, building a franchise network in CEE countries within two to three years.
The parties decided not to publish the value of the transaction.
