The professional M&A team at HAVEL & PARTNERS provided comprehensive legal advice to HELUZ, one of the largest family businesses in the Czech Republic, on the purchase of IZOS, an insulating glass manufacturer.

HAVEL & PARTNERS’ partner Jan Koval, senior associate Silvie Király and junior associate Michal Vik acted as legal advisors to the purchaser. They provided HELUZ with comprehensive legal M&A services, including due diligence.

HELUZ is one of the largest manufacturers of masonry systems in the Czech Republic. The company supplies building systems to the Czech and Slovak markets, as well as to Germany, Austria, Poland, and Hungary. With its cutting-edge products, HELUZ continues a family tradition that dates back to 1876. This was interrupted by the communist regime, but after the Velvet Revolution, the descendants of the founders acquired the company back, and have grown it successfully. Currently, it has manufacturing plants in Dolní Bukovsko, Hevlín and Libochovice. And it continues to expand its activities not only in the construction sector but also outside the sector.

IZOS was founded in 1992 and is currently the largest specialised manufacturer of insulating glass in the Czech Republic. It manufactures insulating glass in three manufacturing plants in Pilsen, Žatec and Sudoměřice and manufactures around 7,500 pieces of glass per day. It supplies glass for quality plastic, wooden and aluminium windows and is currently expanding its production to include facade panels.

The transaction is subject to approval by the Office for Protection of Competition. After approval by the Office, the company HELUZ IZOS will be established. The parties have decided not to disclose the value of the transaction.