Legal advisory services in the sale of manufacturing centers
22. February 2016
Z/C/H Legal provided legal advisory services to Czech leasing companies under the Austrian banking group BAWAG P.S.K. in the sale of ACO premises in the Czech Republic. The subject matter of the sale was a commercial logistics site in Jihlava of approximately 52,000 m² and a manufacturing unit in Sezimovo Ústí of approximately 105,000 m².
BAWAG P.S.K. banking group is the fourth biggest banking group in Austria and a successor of the state-owned Österreichische Postsparkasse (P.S.K) bank. ACO Group, a worldwide leader in the drainage technology market, operates 30 manufacturing establishments on four continents in various countries, such as Germany, the United Kingdom, the Czech Republic, Russia, USA and China.