Allen & Overy advises Zetor on a new joint venture in India
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The joint venture, VST ZETOR Pvt. Ltd., will be incorporated in India and will operate in the Indian market, offering a range of tractors and other agricultural equipment under the VST ZETOR brand. The joint venture aims to leverage the complementary strengths of ZETOR and VST, combining ZETOR’s technological expertise and quality standards with VST’s local market knowledge and distribution network.
The A&O team in Prague included partner Prokop Verner, who heads the Corporate/M&A practice in the Czech Republic, counsel Ivan Telecký and associate Martin Vykopal. Cyril Amarchand Mangaldas acted as Indian law counsel for ZETOR TRACTORS a.s. with respect to the local law review of the joint venture agreement.
We are proud to have assisted ZETOR in establishing a joint venture in India, one of the most dynamic and promising markets in the world. This project demonstrates our strong capabilities and experience in supporting Czech and Slovak clients in their strategic investments across Europe and beyond, leveraging our global network, local expertise and sector knowledge.
Prokop Verner