Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
25 April 2016
Deals | Central Europe | M&A
Gide has advised Société Générale and Komerční banka in the context of the acquisition by their subsidiary Essox s.r.o. of 100% of the share capital of PSA Finance Česka Republika s.r.o. and of PSA Finance Slovakia, s.r.o., the Czech and Slovak subsidiaries of Banque PSA Finance.
Both companies provide financing to automotive dealerships and clients of the Peugeot, Citroën and DS brands. Essox s.r.o. is one of the main non-bank providers of financial services in the Czech Republic. Its share capital is 50.93% owned by Komerční Banka and 49.07% by SG Consumer Finance, Société Générale group.
These operations are subject to the local competition authorities’ approval.
They follow the acquisition by Société Générale, in February 2016, of BPF Financiranje d.o.o., subsidiary of Banque PSA Finance in Slovenia, and on which Gide had already advised Société Générale.
The Gide team was comprised of partner Guillaume Rougier-Brierre, Christophe Monnet and Alexandre Heydel, and was assisted by Dvořák Hager & Partners in Prague and Bratislava, and of Kirm Perpar in Ljubljana.
Peterka & Partners (Prague) acted as legal counsel to PSA Finance.
