ŘANDA HAVEL LEGAL represented the stakeholders of EKOL, a leading Czech manufacturer of turbines with sales in the last year of 1.5 billion CZK, in connection with sale of a majority share in the company and an agreement on strategic cooperation with the Chinese engineering firm Xi'An Shaangu Power.
Xi'An ShaanGu Power is China's largest manufacturer of industrial compressors and one of the largest Chinese companies focused on supplying the power, metallurgical and petrochemical industries. This is the first time a Chinese publicly-traded company has bought a Czech company.
Server CEE Legal Metters has informed about the transaction.
ABOUT ŘANDA HAVEL LEGAL
The law firm ŘANDA HAVEL LEGAL provides legal services to Czech as well as foreign companies, entrepreneurs, private entities and public institutions in all fundamental areas of law.
As a member of international networks of law firms LAWorld and LEGUS, ŘANDA HAVEL LEGAL provides assistance to its clients even abroad thanks to a close co-operation with the member law firms from 90 states worldwide.
ŘANDA HAVEL LEGAL has been recommended as a "Recognised Czech Law Firm of 2014” by the prestigious international rating company Chambers & Partners in the areas of real estate, development, energy sector, projects, competition law, and technology, media and telecommunications. For several successive years, Chambers & Partners have been recommending Martin Řanda, Managing Partner of ŘANDA HAVEL LEGAL, as an expert on real estate law.
In addition to that, ŘANDA HAVEL LEGAL has been recommended in an international ranking directory IFLR1000 in the areas of banking and project finance.
ŘANDA HAVELLEGAL is also successfully ranked in an international publication The Legal 500: Europe, Middle East & Africa as a recommended legal firm in the areas of banking and finance, capital markets, mergers and acquisitions, corporate law, real estate and construction, technology, media and telecommunications, and in the area of dispute resolution.