October 2022 – Kinstellar’s Prague and Sofia offices, together with Linklaters, have successfully advised Plastic Omnium on its acquisition of Varroc’s automotive lighting systems business (VLS) from Varroc Engineering Limited.
VLS, a Tier-1 supplier of automotive lighting systems with sales of approximately EUR 800 million in 2021, will be integrated into Plastic Omnium's new Lighting division, which generated pro forma sales of approximately EUR 1 billion in 2021 and employs 7,000 people in 11 plants worldwide.
The Kinstellar team was led in Prague jointly by Karla Rundtová (Partner) and Adam Němec (Managing Associate) and also involved Petra Ledvinková (Senior Associate), Jakub Šťastný, Anna Veselská, Tereza Mašková, Igor Šebo, Arťom Gnědin (Associates), and Vít Kopečný and Ján Paľko (Junior Associates). Kinstellar's Sofia office was represented by Nina Tsifudina (Partner) and Gabriela Ivanova (Associate).
The press release can be found on this link.