ICFG Czech Republic advises HYGOTREND Group s.r.o on the sale of a majority stake to CERVA Group
ICFG member CN Finance, based in Prague, has advised the shareholders of leading Czech hygiene and cleaning products supplier HYGOTREND s.r.o on the sale of a majority stake to strategic buyer CERVA Group.
HYGOTREND s.r.o., based in Benátky nad Jizerou in the Czech Republic, is the largest Czech B2B supplier, specialising in complex supplies of products for hygiene and cleaning.
Headquartered in Jene? central Bohemia, CERVA Group is the main Czech wholesale supplier of personal protective equipment and clothing. The acquisition of HYGOTREND Group will expand CERVA Group’s product portfolio to include a range of products for personal and industrial hygiene, including those under the European leader TORK brand, as well as professional cleaning chemicals label TRENDY.
Led by Partner Tomáš Navrátil, CN Finance advised the shareholders of HYGOTREND Group on the disposal, confirming CN Finance’s significant experience in transactions involving companies from the wholesale and distribution sector.