WKB Lawyers has advised SAS Groupe Positive on its acquisition of User.com. Gessel advised founder Grzegorz Warzecha and investor Vercom on the sale.
Schoenherr Scoops Up Seven-Partner Team in Poland
Schoenherr has announced it is expanding its Warsaw office with the addition of a team of 23 lawyers, including seven partners, as of February 2024. The move includes Partners Szymon Okon, Pawel Chyb, Ilona Fedurek, Tomasz Kwasniewski, Katarzyna Solarz, Katarzyna Szczudlik, and Marcin Czaprowski from SSW Pragmatic Solutions.
Wolf Theiss Advises INVL Baltic Sea Growth Fund and Eco Baltia on mBank Financing for Metal-Plast Purchase
Wolf Theiss has advised the INVL Baltic Sea Growth Fund and Eco Baltia on the financing from mBank for the acquisition of a 70% stake in the Polish PVC window recycler Metal-Plast.
DWF Advises Elawan Energy on Sale of 18-Megawatt PV Portfolio to R.Power
DWF has advised Elawan Energy on the sale of an 18-megawatt portfolio of photovoltaic projects in Poland to R.Power.
Dentons and DLA Piper Advise on Globalworth EUR 145 Million Financing from Aareal Bank
Dentons has advised Globalworth on the EUR 145 million financing from Germany's Aareal Bank AG to refinance its obligations regarding the Skylight and Lumen office complex and the Hala Koszyki multifunctional facility in Warsaw. DLA Piper advised Aareal Bank.
Allen & Overy and CMS Advise on EUR 125 Million Financing for G City Europe' Promenada in Warsaw
Allen & Overy has advised Bank Pekao and Berlin Hyp on a EUR 125 million financing to G City Europe for the Promenada shopping center in Warsaw. CMS advised G City Europe.
Norton Rose Fulbright Advises BGK on CRR-Compliant Counter-Guarantee for Alior Bank
Norton Rose Fulbright has advised Bank Gospodarstwa Krajowego on amendments to the documentation regarding a CRR-compliant counter-guarantee between Bank Gospodarstwa Krajowego and Powszechny Zaklad Ubezpieczen in favor of Alior Bank.
Public to Private Transactions Are Currently Becoming More and More Difficult
Due to Polish regulations on takeover offers for publicly traded companies, public to private transactions now carry a heavier risk of failure, understood as the inability to delist the company from the exchange. The bid for shares of TIM S.A., recently extended until 6 December 2023, may be a case in point. Any investor who gets involved in a tender for shares of a listed company needs to ponder the risk that, once the transaction is finalised, they will acquire a controlling stock in a listed company, which may still be subject to a restricted trading regime applicable to public companies for quite some time.
Wolf Theiss Advises Deutsche Hypo-NORD/LB on EUR 46 Million Financing for Acquisition of Mokotow Nova
Wolf Theiss has advised Deutsche Hypo-NORD/LB Real Estate Finance on the financing for Rysy Properties Limited's EUR 46 million acquisition of the Mokotow Nova office building in Warsaw from CCP III Netherlands Holding.
Gessel Advises Orthos Multidisciplinary Hospital on Land Acquisition
Gessel has advised the Orthos Multidisciplinary Hospital – part of the Lux Med network – on the acquisition of a 1.1-hectare agricultural property bordering its premises.
Reed Smith and C&G Advise on Wind Point Partners Acquisition of Assisi Pet Care
Reed Smith has advised Wind Point Partners on its acquisition of Assisi Pet Care. Czabanski & Galuszynski, working with Addleshaw Goddard, advised the Crescent Capital Group on providing financing for the acquisition.
Schoenherr Advises Dr. Schneider's Group Insolvency Administrator on EUR 118.3 Million Sale to Samvardhana Motherson
Schoenherr has advised Joachim Exner – the insolvency administrator of Dr. Schneider's Group – on the sale of its business to the Samvardhana Motherson Group for EUR 118.3 million. Friedrich Graf von Westphalen advised Motherson. DZP and Ashurst reportedly advised the sellers.
Herbst Kinsky and WKB Advise TX Logistik on Merger Control for Exploris Deutschland Holding Acquisition
Herbst Kinsky and WKB Lawyers have advised TX Logistik in the merger control proceedings before the Austrian and Polish competition authorities for its acquisition of Exploris Deutschland Holding, with Orrick Herrington & Sutcliffe reportedly advising on the proceedings in Germany.
MFW Fialek and EY Law Advise on Scanmed Group’s Acquisition of Med-Lux
MFW Fialek has advised the Scanmed medical group on the acquisition of Med-Lux. EY Law advised Med-Lux.
Schoenherr Advises on Sale of ABC Automotive Poland to ETM Group
Schoenherr has advised ABC Technologies Holdings subsidiary ABC Automotive Poland on the sale of its business to a subsidiary of ETM International. GetSix and Ashurst reportedly advised ETM in Poland and Germany.
Dentons Advises DNB Bank and mBank on Renewable Energy Financing
Dentons has advised DNB Bank and mBank on extending a revolving credit facility to Greenvolt Power. Reportedly, Osborne Clarke advised Greenvolt Power.
Wolf Theiss Advises Erste Group on EUR 48 Million Financing for Quorum Building Complex
Wolf Theiss has advised the Erste Group on the up to EUR 48 million financing to Cavatina Holding for the Quorum Building Complex in Wroclaw.
Baker McKenzie Advises Blank on Investment from Neowiz
Baker McKenzie has advised Blank and its founders on an investment from Neowiz. SSW Pragmatic Solutions reportedly advised Neowiz on the deal.