Several professional teams at HAVEL & PARTNERS have been providing comprehensive legal advice to the E.ON group on the sale of innogy Česká republika a.s., the Czech Republic’s largest distributor of natural gas with 1.2 million customers, and a fast-growing distributor of electricity. The company will be acquired by Hungary’s MVM Group. The closing of the transaction is subject to clearance by the European Commission. The Commission made the divestiture of innogy’s assets in the Czech Republic one of the conditions for last year’s pan-European transaction between the RWE and E.ON energy groups.

The innogy group company, innogy Česká republika a.s., engages in the sale of electricity and gas, generation and distribution of heat, CNG sales, and electronic communications in the Czech Republic. At the end of 2019, the company had approximately 1,800 employees. The parties have decided not to disclose the value of the transaction.

The HAVEL & PARTNERS team, led by Jan Frey (Partner), is comprised of Ivo Skolil (Associate, M&A/Energy), Josef Žaloudek (Counsel) and his team (Tax), David Šmída (Senior Associate, Corporate), Albert Tatra (Managing Associate, Real Estate), Dalibor Kovář (Managing Associate, IP/IT), Lukáš Jakoubek (Associate, IP/IT), Štěpán Černý (Senior Associate, Banking & Finance), Petra Sochorová (Counsel, Employment), Vojtěch Katzer (Senior Associate, Employment), Pavla Kaufmannová (Associate, Employment & Compliance), and Richard Otevřel (Counsel, Data Protection).