24 Oct 2025

"AutoBinck Group Sells Czech and Slovak Divisions of Business Lease Group to KBC Group's CSOB Leasing"

"Allen Overy Shearman Sterling has advised AutoBinck Group on the sale of its Czech and Slovak divisions of Business Lease Group to KBC Group's CSOB Leasing for approximately EUR 72 million. The deal is pending antitrust approvals in both countries, with an expected closing in Q1 2026. Baker McKenzie provided legal advice to CSOB."

Allen Overy Shearman Sterling and Baker McKenzie participated in the transaction, advising AutoBinck Group and CSOB Group, respectively. The transaction involves the sale of the Czech and Slovak divisions of Business Lease Group to KBC Group’s CSOB Leasing entities, with a deal value of approximately EUR 72 million. The transaction is subject to antitrust approvals in both countries, with closing expected in Q1 2026. The Allen Overy Shearman team included Czech Republic-based Senior Associates Jakub Cech and Ivana Halamova, Associates Jan Spousta and Martin Vykopal, Junior Lawyer Alice Lepesantova, and Senior Tax Advisor Michal Dusek, along with additional lawyers from the Netherlands. The Baker McKenzie team comprised Partner Tomas Skoumal, Senior Associates Michal Simcina, Michal Malkovsky, and Dusan Hlavaty, as well as Senior Tax Advisor Eliska Kominkova.
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