Track record
Our competence and knowledge are based on transactions successfully originated and executed after foundation of Merger Vision and while working for CA IB Corporate Finance – the leading CEE investment bank and Česká spořitelna (Erste Bank Group).
We have, among others, originated and executed transactions, involving private Czech owners, in a value exceeding EUR 135 million.
Experiences from Closed Transactions
| Sector |
Food & Beverages |
 |
| Target |
Palírna u Zeleného stromu – Starorežná Prostějov, a.s. |
| Seller |
13 private individuals |
| Buyer |
Private investor, sole shareholder of GRANETTE a.s. |
| Description |
Advisory to the buyer and GRANETTE a.s. |
| Deal size |
n.a. |
| Year |
2010 |
| Sector |
Food & Beverages |
 |
| Target |
Drinks Union |
| Seller |
1 private individual |
| Buyer |
Heineken Group |
| Description |
Advisory to the seller of one of the largest Czech brewing groups |
| Deal size |
n.a. |
| Year |
2008 |
| Sector |
Automotive |
 |
| Target |
SOR Libchavy |
| Seller |
Group of 8 private individuals |
| Buyer |
J&T Group |
| Description |
Advisory to sellers of the second largest Czech bus manufacturer |
| Deal size |
n.a. |
| Year |
2005 |
| Sector |
Heating appliances |
 |
| Target |
Družstevní závody Dražice |
| Seller |
Group of 7 private individuals |
| Buyer |
NIBE Industrier AB (Sweden) |
| Description |
Advisory to the buyer on its acquisition of the largest Czech producer of water heaters |
| Deal size |
n.a. |
| Year |
2006 |
| Sector |
Banking |
 |
| Target |
HYPO stavební spořitelna |
| Seller |
UniCredit Bank Czech Republic, Vereinsbank Victoria Bauspar (Germany) |
| Buyer |
Raiffeisen Group (Austria) |
| Description |
Advisory to sellers on a sale of one of the 6 Czech building societies |
| Deal size |
n.a. |
| Year |
2007 |
| Sector |
Energy & Utilities |
 |
| Target |
HPP Varna |
| Seller |
Government of Bulgaria |
| Buyer |
ČEZ |
| Description |
Participation in advisory team to the buyer on its second acquisition in Bulgaria |
| Deal size |
EUR 306 mn |
| Year |
2006 |
| Sector |
Financial Services |
 |
| Target |
CAC Leasing |
| Seller |
Komerční banka |
| Buyer |
Bank Austria Creditanstalt Leasing |
| Description |
Advisory to the buyer on its acquisiton of 50% stake in the target from the joint venture partner |
| Deal size |
n.a. |
| Year |
2003 |
| Sector |
Energy & Utilities |
 |
| Target |
3 electricity distribution companies in Bulgaria |
| Seller |
Government of Bulgaria |
| Buyer |
ČEZ |
| Description |
Participation in advisory team to the buyer on its first acquisition in Bulgaria |
| Deal size |
EUR 282 mn |
| Year |
2005 |
| Sector |
Banking |
 |
| Target |
Erste Bank ČR |
| Seller |
Erste Bank (Austria) |
| Buyer |
Česká spořitelna |
| Description |
Participation in the internal advisory team of the buyer on its takeover of affiliated bank |
| Deal size |
n.a. |
| Year |
2000 |
| Sector |
Banking |
 |
| Seller |
Česká spořitelna |
| Buyer |
Konsolidační banka |
| Description |
Participation in the internal advisory team executing bad debt portfolio ringfencing arrangement with the buyer, during the Česká spořitelna’s privatization to Erste Bank (Austria) |
| Deal size |
n.a. |
| Year |
1999 |
Selected Other Experiences
- 2008
- advisory to a leading European power equipment producer on its envisaged acquisition of a Czech competitor
- 2008
- advisory to a leading European Tier I automotive supplier on its envisaged acquisition of Czech competitor with strong CEE presence
- 2007
- advisory to private Czech producer of information and control systems for public transport, with significant world market share, on its envisaged acquisition of a Western European competitor from its NASDAQ listed parent.
- 2006
- advisory to private Czech corporation on its envisaged acquisition of Aero Vodochody, a traditional Czech aircraft producer. The project included development of secondary international civil airport nearby Prague.
- 2004
- advisory to one of the world leaders on its acquisition of Czech home appliances producer
- 2003
- advisory to shareholders and a creditor on a sale of leading Central European radiator producers. The shareholders included managerial team, Czech state institution and European Bank for Reconstruction and Development
- 2003
- advisory to one shareholder of one of the Czech building societies on an envisaged negotiated transaction with a joint-venture partner.
- 2002
- advisory to one of the largest Czech financial groups on sale of its leasing subsidiary
Testimonials
"The advisory team lead by Jiří Mareš provided strong guidance to company’s management team during the competitive sale process targeted at direct competitors on the market and delivered the transaction in a very ambitious timeline. This was instrumental in protecting our retail client base."
Tobias Heller,
CEO and Chairman of the Board of Directors, HYPO stavební spořitelna a.s., one of the 6 building societies operating on the Czech market*
*The stated ownership and managerial positions correspond to the situation before the transaction closing and thus might not correspond to the current situation.