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Linklaters and Wardynski & Partners Advise on H+H Polska Acquisition of Grupa Silikaty

Linklaters and Wardynski & Partners Advise on H+H Polska Acquisition of Grupa Silikaty

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Linklaters has advised Grupa Ozarow on the sale of 99.19% of the shares in its Polish calcium silicate subsidiary, Grupa Silikaty Sp. z o.o., to H+H Polska Sp. z o.o., the Denmark-based subsidiary of H+H International. Wardynski & Partners advised the buyers on the deal, which remains subject to customary approval by the Polish authorities and is expected to occur at the end of 2017.

Grupa Silikaty is the second largest producer of calcium silicate units in Poland with seven production plants. Calcium silicate units are used as building blocks in residential buildings and are predominantly made from sand and lime. Revenue in 2016 was around 157 million Danish kroner and EBITDA was around DKK 11 million. The company employs approximately 300 persons.

The Linklaters team was led by Counsel Marcin Schulz , supported by Partner Malgorzata Szwaj and Associates Jakub Wozniak, Lukasz Burakowski, and Wojciech Podlasin.

The Wardynski & Partners team was led by Partner Izabela Zielinska-Barlozek and included Maciej Szewczyk and Agnieszka Szydlik.

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