SICO Exits Czech JV with Trelleborg Stake Sale
Deal News | Jun 06, 2025 | CEE Legal Matters
In a recent transaction, SICO Gesellschaft fur Kunststoffverarbeitung has successfully completed the sale of a 50% stake in its Czech joint venture, SICO Silicone, to the Swedish-based Trelleborg Group. The move is part of a larger cross-border deal that also entails SICO’s disinvestment from its German operations. The legal advisory firm BBH, in collaboration with Seitz, represented SICO in this transaction. The advisory team from BBH included Partner Petr Precechtel and Senior Associate Jan Krejci. This transaction follows SICO's strategic realignment involving the sale and acquisition maneuvers within the silicone component industry. Notably, BBH had previously advised the Kaprain Group in its acquisition of Trelleborg Bohemia in early 2024.
Sectors
- Manufacturing
- Legal Services
Geography
- Czech Republic – SICO's joint venture and the sale of its stake in SICO Silicone are located in the Czech Republic.
- Germany – The transaction also involved the sale of SICO's issued shares in Germany.
- Sweden – The acquiring company, Trelleborg Group, is based in Sweden.
Industry
- Manufacturing – SICO Gesellschaft fur Kunststoffverarbeitung is involved in the manufacturing of high-performance silicone components.
- Legal Services – BBH and Seitz provided legal advisory services in the transaction.
Financials
- – The article does not disclose specific financial details such as the deal price or enterprise value.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SICO Gesellschaft fur Kunststoffverarbeitung | Selling Company | Company | A manufacturer of high-performance silicone components. |
| Trelleborg Group | Bidding Company | Company | A Swedish-based engineering group focused on polymer technology. |
| BBH | Legal Advisor | Company | The legal firm advising SICO on the transaction. |
| Seitz | Legal Advisor | Company | Another legal firm that worked alongside BBH in advising SICO. |
| Petr Precechtel | Partner | Person | Partner at BBH involved in advising on the transaction. |
| Jan Krejci | Senior Associate | Person | Senior Associate at BBH involved in advising on the transaction. |