News & Awards
24th April 2025

Clifford Chance Prague Association advises a club of banks in relation to USD 175 million refinancing and recapitalization of TESCAN GROUP

Clifford Chance Prague Association has provided legal services to a club of major Czech banks, coordinated by Česká spořitelna and further consisting of Československá obchodní banka, Komerční banka, a.s., a member of the international financial group Société Générale and UniCredit Bank Czech Republic and Slovakia, in connection with refinancing of existing indebtedness of, and extension of new funds to, TESCAN GROUP (“TESCAN”).

This transaction follows our previous involvement in acquisition of TESCAN by Carlyle earlier in 2023.

TESCAN, a leading global manufacturer of electron microscopes and high-tech scientific instruments, is owned by the international private equity group Carlyle. The company facilitates nanoscale investigation and analysis across sectors such as geosciences, materials science, life sciences, and the semiconductor industry. With a workforce exceeding 750 employees across 14 sites worldwide, TESCAN continues to advance micro and nanotechnology research and related applications.

The legal team working on the transaction was led by Counsel Dominik Vojta and supervised by Prague Managing Partner Miloš Felgr and London Partner Jim MacHale, with support from Associate Tomáš Kubala and Junior Lawyer Adam Fanta.

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