IMAP is pleased to announce that container and modular construction manufacturer, Moravia Containers, has acquired 100% of the shares of modular systems producer, Contimade.
As a result of this acquisition, the Moravia Containers Group now consists of three highly established and reputable Czech manufacturers of modular buildings, namely: Contimade, Imecon Containers and Pegas Container. This newly expanded group is now the largest manufacturer of containers and modular buildings in the Czech Republic, having generated €58 million between them in 2020, with 90% of products exported to Western Europe. Moravia Containers now aims to become one of the leading companies in the European modular building sector.
The IMAP team in the Czech Republic, led by Radek Schmied, Petr Svarc and Petr Sedlar, exclusively advised Moravia Containers during the purchase process.
Last week IMAP colleagues from around the world once again joined forces, albeit virtually, to attend IMAP’s Spring 2021 Conference. Spread over 4 days and originally due to take place in Paris, the virtual conference’s focus was the very timely and relevant question of “how to adapt and grow your business in times of COVID”.
Over the last 24 years, IMAP Czechia has advised PROMENS ZLIN on three transactions, reflecting its outstanding client relationship and consistency in deal execution
This figure is higher than the average posted during Q1-Q3 2020, suggesting that the rebound in market activity observed in Q4 2020, in which IMAP closed a record 83 deals, has carried over.
