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Closing: Chefs Culinar Acquisition of Majority Stake in Ladros Now Closed

Closing: Chefs Culinar Acquisition of Majority Stake in Ladros Now Closed

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On February 21, 2024, Sobczynscy i Partnerzy announced that Chefs Culinar's acquisition of a majority stake in Ladros (reported by CEE Legal Matters on May 23, 2023) had been finalized the previous day.

The transaction agreement was signed back in May 2023, and the deal was completed following receipt of consent from the President of the Office of Competition and Consumer Protection.

According to Sobczynscy i Partnerzy, "Chefs Culinar is one of the key suppliers on the Polish HoReCa market, with German roots, operating in the catering market for almost 100 years. It offers nearly 12,000 products (food and non-food), as well as comprehensive delivery to customers, including many Polish restaurants, hotels, and catering companies. The Chefs Culinar team consists of over 400 people."

Ladros is a Polish producer and distributor of meat products for the HoReCa sector.

As previously reported, Gessel had advised Ladros and its shareholders. Sobczynscy i Partnerzy advised Chefs Culinar.

The Sobczynscy i Partnerzy team was led by Managing Partner Michal Sobczynski and Partner Orest Ochocki.

The Gessel team included Partner Maciej Kozuchowski, Senior Associates Diana Strzalkowska and Katarzyna Olszak, and Associate Karolina Sobola.

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