Glatzova & Co has advised Pale Fire Capital on its acquisition of a majority stake in Acond.
Acond is a family-owned Czech manufacturer of heat pumps headquartered in Milevsko.
According to Glatzova & Co, as a result of the transaction, Pale Fire Capital increased its shareholding in Acond to 93%, consolidating its position as the majority investor. The investment is intended to support Acond’s further growth and its expansion into European markets, strengthening the company’s role in the rapidly developing energy-efficient technologies sector.
The Glatzova & Co team included Partner Jiri Sixta and Associate Jindrich Pastrnak.
Glatzova & Co could not provide additional information on the matter.

