Wolf Theiss advised U-Power Group on acquisition of CERVA Group

Bratislava, Bucharest, Budapest, Prague, Vienna, Warsaw, 2 April 2026 – Wolf Theiss’ multi-jurisdictional team advised U-Power Group, a leading European player in the safety footwear and workwear market, on its acquisition of 100% of the share capital of CERVA Group, one of the major European providers of personal protective equipment (PPE).

Working alongside Italian law firm Legance, the Wolf Theiss team provided fully integrated, cross‑border legal support, coordinating all aspects of the transaction – including corporate, financing and competition – across six jurisdictions: Austria, Czech Republic, Hungary, Poland, Romania and Slovakia.

The transaction marks a strategic milestone for both companies, establishing a pan‑European powerhouse operating in more than 60 markets. Following this acquisition, the combined group achieves annual revenues approaching EUR 500 million, positioning it among the most influential players in the European PPE and workwear industry.

U-Power Group is a recognised as a European leader in the manufacturing of safety footwear and workwear, known for technologically advanced and design‑driven work shoes engineered for professional use, operating in more than 50 countries, with a strong presence in Central, Eastern and Northern Europe.

CERVA Group is a leading European supplier of personal protective equipment (PPE), founded in 1991 in the Czech Republic. The company has grown from a small local business into a pan‑European PPE provider with operations in more than 14 countries today.

The multi-jurisdictional Wolf Theiss team advising U-Power on this transaction was coordinated by the Wolf Theiss office in the Czech Republic. The team consisted of Tereza Naučová, Michal Matouš (both Counsel, Corporate/M&A), Robert David (Partner, Banking & Finance), Ondřej Beneš (Counsel, Employment), Barbora Malimánková (Counsel, Real Estate & Construction), Kamila Seberová (Counsel, Competition), Maroš Kandrík (Senior Associate, Corporate/M&A), Filip Michalec (Senior Associate, Banking & Finance), Jaromír Pumr (Senior Associate, Dispute Resolution), Anna Bilanová (Associate, Dispute Resolution), Nikola Hnojilová (Associate, Employment), Jakub Holčák, Michael Kania (both Associates, Banking & Finance), Viktorie Rystonová (Associate, Real Estate & Construction), Dan Schneeweiss (Associate, Banking & Finance), Karolína Větrovská (Associate, Corporate/M&A) and Dita Šulcová (Consultant, Tax).

In Romania the team consisted of Cornelia Postelnicu (Counsel), Marius Moldoveanu (Associate, both Corporate/M&A), Smaranda Văcaru (Senior Associate, Banking & Finance), Andreea Zvâc (Partner, Dispute Resolution), Roxana Roman (Partner, Real Estate), Ioana Iacob (Senior Associate, Employment) and Anca Jurcovan (Partner, Competition & Antitrust).

In Hungary, the team consisted of János Tóth (Partner), Péter Ihász (Senior Associate, both Corporate/M&A), Marietta Molnár (Senior Associate, Employment),Kinga Kajcsos (Associate, Corporate/M&A) and Viktória Horváth (Associate, Banking & Finance)

In Austria, the team consisted of Sarah Wared (Partner, Corporate/M&A),  Stefanie Orator-Saghy (Senior Associate, Regulatory), Raphael Valenta (Counsel, Corporate/M&A), Philipp Richter (Associate, Banking & Finance), Paulina Pomorski (Counsel, IP&TMT), Klemens Kendler, Felix Wejrowsky and Catherine Mertzanopoulos (all Associates, Corporate/M&A).

In Poland, the team consisted of Anna Dąbrowska (Partner), Sylwia Staleńczyk-Janc (Senior Associate, both Corporate/M&A), Marcin Rudnik (Partner, Regulatory), Jan Kaźmierczak (Associate, Corporate/M&A), Julia Zuzanna Biedrzycka (Associate, IP&TMT), Adrian Krzyżanowski (Counsel, Banking & Finance), Piotr Wcisło (Counsel, Corporate/M&A), Kinga Kluszczyńska (Associate, Data Protection), Marta Wasil (Associate, Employment), Aleksandra Niski (Associate, Regulatory), Jakub Pietrasik (Counsel, IP&TMT) and Kamil Król (Associate, Real Estate).

In Slovakia, the team consisted of Bruno Štefánik (Partner, Corporate/M&A), Dajana Csongrádyová (Senior Associate, Employment), Vladimír Šimkovic (Senior Associate), Jozef Virčík, Kristína Semanská, Karin Rigóová  and Michaela Peťová (all Associates, Corporate/M&A).