CMS Poland has advised the Brusikiewicz family on the sale of a 60% share in the Thai Wok restaurant chain, which has outlets in Warsaw, Poznan, Lodz, and Lublin, to the EBS group. The KI Komosa Imielowski firm advised the buyers on the deal.
The Brusikiewicz family, which founded the chain, plans to continue to manage the business. The share sale is part of a plan to develop the Thai Wok chain and add further restaurants in Poland, as well as to expand into new markets, including Czech Republic and Slovakia.
“A well planned and executed transaction can bring very specific benefits in terms of finding an investor, and thus new opportunities for development and financing a family business, while maintaining influence on the management of the company,” said CMS Partner Jakub Marcinkowski, who led the firm's team on the deal. “We are increasingly seeing family businesses making such decisions. It is the result, on the one hand, of the growing scale and success of these businesses – and hence their plans for development on both local markets and abroad – and on the other hand, from the generational change which is currently taking place in Poland and the challenges associated with passing on a family business.”
Marcinkowski was supported by CMS Senior Associate Tomasz Waligorski.
KI Komosa Imielowski did not reply to our inquiry on the deal.