Legal experts from HAVEL & PARTNERS have played a pivotal role in the recent transaction in which Viessmann Generations Group, a global industrial group, acquired Gritec (formerly Betonbau). Gritec is a company operating in the Czech market and specialising in the development and production of turnkey technical buildings and stations for energy, water & industrial infrastructure.

Firm’s partner Marek Lošan, along with counsel Natalija Traurigova and managing associate Vladimir Ivanov focused primarily on the Czech legal aspects of the transaction and provided vendor’s due diligence services. They acted as cooperating legal advisors to the German private equity fund Capiton and its management, the previous majority owners of Gritec, which was represented by the law firm Milbank.

The transaction was finalised in October and gained the necessary approval from the relevant antitrust authorities in December 2024. We greatly appreciate this opportunity and wish the new owner much success in further developing the group.