We provided legal advice to our long-standing client on the acquisition of a majority stake in VM Footwear, a prominent retailer of personal protective and work equipment.

Bunzl provides a one-stop-shop, on-time and in-full specialist distribution service across more than 30 countries, supplying a broad range of internationally and responsibly sourced non-food products to a variety of market sectors. Its purpose is to deliver essential business solutions around the world and create long-term sustainable value for the benefit of all stakeholders.

VM Footwear s.r.o. was founded in 2003 by a sole owner with purely Czech capital. Since its establishment, the company has been engaged in the development, import and distribution of personal protective and work equipment. In 2008 it expanded its operations to Slovakia by building a sales network, since 2016 it has been successfully exporting to the CEE region and in recent years it has been exporting to Western EU countries.

"On behalf of the Bunzl team I’d like to thank Tomáš, Helena and Patrik for their work on the transaction,” Nicolas Ingram, Managing Director of Bunzl Central and Eastern Europe said.

The transaction team was led on the buyer's side by JŠK partner Tomáš Doležil in cooperation with senior associates Helena Hailichová and Patrik Müller.

You can find more information in the press release here.

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