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Closing: Laumann Group's Acquisition of Ponzio Polska Now Closed

Closing: Laumann Group's Acquisition of Ponzio Polska Now Closed

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On May 24, 2023, JDP Drapala & Partners announced that Laumann Group’s acquisition of a majority stake in Ponzio Polska (reported by CEE Legal Matters on December 22, 2022) had closed.

According to JDP, "a closing condition of the transaction was the obtaining of an antimonopoly clearance in relevant markets, especially in Poland."

The Laumann Group is s family-owned German business. With Veka AG and Gealan being part of the group, the Laumann Group specializes in PVC profile extrusion for windows and doors, PVC facade solutions, and surface technology with over 6,500 employees that operate in 40 locations on four continents.

Italian Ponzio Group company Ponzio Polska is an aluminum systems supplier that employs more than 300 people.

As previously reported, JDP advised the Laumann Group on its acquisition of Ponzio Polska. Andersen and, reportedly, Pomorski Tax Legal Finance and Rapisardi Intellectual Property advised the Ponizio Group.

JDP's updated team included Partners Marcin Chomiuk and Maciej Chrzan, Counsels Barbara Kaczala, Wiktor Rainka, and Joanna Ostojska-Kolodziej, Senior Associate Anna Nowodworska, Associates Paulina Kucharska, Daria Gromotka, and Amelia Prawda, and Tax Advisor Magdalena Zasiewska.

Andersen's team included Managing Partner Marcin Matyka, Partner Rafal Ciolek, Senior Associate Bartlomiej Wietrzychowski, and Director Konrad Kleszczewski.