CEE: Schoenherr advises Saint-Gobain on acquisition of Stachema's construction chemicals plants

"This acquisition called for a careful and closely coordinated process to set the framework for separating the target plants in the Czech Republic, as well as for the overall integration of the entities within the transaction perimeter into the Saint-Gobain group in all four jurisdictions," said Michal Jendželovský, Partner, who co-led the advisory team. "Our team worked hard to manage the structural challenges of the deal, and we are proud to have provided a comprehensive legal solution supporting Saint-Gobain's strategic goals."

The transaction presented several legal and commercial challenges, including carve-out of the target Stachema plants and entities from the DEK Group, covering the identification and separation of all relevant assets, intellectual property rights and operational arrangements in the respective jurisdictions.

Saint-Gobain is a global leader in light and sustainable construction, designing, manufacturing and distributing materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonisation of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The company operates in 80 countries and employs more than 161,000 people.

Stachema is a leading Central European manufacturer and supplier of construction chemicals, facade finishes, specialist mortars and industrial chemical products.

DEK a.s. is the largest supplier and distributor of construction materials, tools and related services in the Czech Republic, with annual turnover exceeding CZK 33bln, more than 140 branches and a growing presence in Slovakia. Founded in 1993 by Vít Kutnar, the company serves as the parent holding entity of the DEK Group.

The Schoenherr team advising on the transaction was led by Michal Jendželovský (Partner) and Vladimír Čížek (Partner), and further consisted of Helena Hangler (Counsel), Jan Kupčík (Counsel), Sebastian Špeta (Attorney at Law), Kristýna Zmatlíková (Attorney at Law), Adam Jaroš (Attorney at Law), Natálie Hrubá (Associate), Egon Buriánek (Associate), Šimon Kopárek (Associate), Jonáš Kranda (Associate), Ondřej Šimek (Associate), Jana Machová (Associate) and Anna Kučerová (Associate).

The Polish team consisted of Ewelina Adamczyk (Attorney at Law), Paweł Halwa (Partner), Kacper Gabryjańczyk (Associate), Klaudia Szatan (Attorney at Law), Krzysztof Lesniak (Counsel), Michał Bering (Attorney at Law), Adam Nowosielski (Senior Attorney at Law), Daria Rutecka (Partner), Agnieszka Stawiarska (Attorney at Law) and Róża Szatan (Attorney at Law).

The Slovak team consisted of Peter Devinský (Counsel), Soňa Hekelová (Partner), Ján Farbiak (Attorney at Law), Michal Lučivjanský (Partner), Samuel Nguyen (Associate), Natália Koprdová (Associate), Natália Tonhauserová (Associate) and Zuzana Hnátová (Counsel).

The Ukrainian aspects of the transaction were handled by Tatiana Iurkovska (Attorney at Law).

DEK a.s. was represented by Dentons.