September 2025 – Kinstellar acted as legal counsel to E.ON in connection with the sale of its wholly owned subsidiary, Gas Distribution, to GasNet. The transaction, which is among the largest signed in the Czech Republic this year, involves gas distribution business in South Bohemia and parts of the Vysočina Region. Completion remains subject to customary regulatory approvals.
Kinstellar's engagement spanned the full lifecycle of the transaction, including the preceding corporate reorganisation of E.ON's Czech operations involving a simultaneous spin-off and hive-down of its electricity and gas distribution businesses, advice relating to vendors’ due diligence, preparation and running of the auction process and negotiation of the transaction documents.
The team was led by Karla Rundtová (Partner) and Adam Němec (Managing Associate), with key support from Kamil Bla~ek, Michal Forýtek, Antonín Seidel, Paul Válka, Iva Bilinská, Petr Bratský, Zuzana Šedinová, Tomáš Froněk, Emma Hartingerová, and Antonín Dvořák. Bohdana Pra~ská from KempHoogstad advised on tax law aspects of the deal.