Category: Poland

Penteris has advised Immofinanz on its sale of three office buildings in Warsaw’s Mokotow Business District to ECHO Investment Group.

The transaction value was EUR 28.5 million.

In 2021, Penteris advised Immofinanz on the sale of the Empark Office Building (as reported by CEE Legal Matters on November 8, 2021), as well as on the sale of four office buildings in Warsaw to Hungary’s Indotek Group (as reported by CEE Legal Matters on April 14, 2021).

The Penteris team included Managing Partner Agnieszka Pytlas, Attorney at Law Piotr Prokocki, and Associate Ewa Olszewska.

Penteris did not respond to our inquiry on the matter.

Soltysinski, Kawecki & Szlezak, working with McDermott Will & Emery, has advised Vallen Distribution on the acquisition of Wesco Integrated Supply, including the sale of shares in a Polish subsidiary – Wesco Integrated Supply Polska.

Vallen Distribution deals in delivering flexible supply chain solutions and services along with a range of maintenance, repair, operating, production, safety, and electrical products. It is a portfolio company of Nautic Partners, a private equity firm focused on leveraged buyout investments in middle market companies across a range of industries that include healthcare, industrial products, and outsourced services.

The SK&S team included Partners Lukasz Berak and Krzysztof Kanton, Senior Counsel Piotr Plesinski, Senior Associate Szymon Murek, and Associate Wiktor Markiewicz.

SK&S did not respond to our inquiry on the matter.

Gessel has advised Lux Med on its acquisition of the Ortopedicum hospital in Krakow. Kochanski & Partners reportedly advised the sellers.

The Lux Med Group operates in the private healthcare services sector in Poland and is a part of the international Bupa Group, which operates as an insurer and provider of medical services worldwide.

Previously, Gessel advised Lux Med Group on its investment in Orthos (as reported by CEE Legal Matters on July 17, 2023), the acquisition of Mediss dental clinic (as reported by CEE Legal Matters on October 20, 2022), its investment in Swissmed Centrum Zdrowia (as reported by CEE Legal Matters on July 14, 2021), the acquisition of the Hifu Clinic (as reported by CEE Legal Matters on July 2, 2021), as well as the acquisition of the Optimum Head and Neck Clinic (as reported by CEE Legal Matters on December 16, 2019).

The Gessel team included Managing Partner Marcin Macieszczak, Partner Maciej Boryczko, Managing Associates Karolina Krzal-Kwiatkowska and Krzysztof Jasinski, Senior Consultant Iwona Gielo-Benza, Senior Associate Erazm Dutkiewicz, and Associates Walentyna Okun and Wiktoria Bednarska-Busz.

Editor’s Note: After this article was published, Kochanski & Partners confirmed its involvement. The firm’s team included Partner Pawel Mardas and Senior Associate Adam Czarnota.

Wardynski & Partners has advised the Alten Group on its acquisition of Primaris Services.

Alten Group is a technology consulting company with over 54,000 employees across 30 countries.

Primaris Services offers IT services in Poland and Germany.

The Wardynski & Partners team included Partners Jakub Lerner and Marcin Wujczyk, Senior Associate Marcin Kulesza, and Attorneys at Law Piotr Zabkiewicz, Monika Gorska, Waldemar Orynski, and Karolina Romanowska.

Editor’s Note: After this article was published, CEE Legal Matters was informed that CC Legal advised the sellers and management board members of Primaris Services. The firm’s team included Partner Dominika Chabowska and Associate Marzena Kozlowicz.

MGS has advised EDP Energia Polska on the financing and construction of photovoltaic farms with Columbus Energy, with a total installed capacity of approximately 61 megawatts.

EDP Energia Polska is part of the EDP Group, an international energy group supplying electricity and gas to over 9 million customers. The EDP Group operates in 29 markets across 3 continents.

Columbus Energy is a supplier of services for the energy market.

According to MGS, EDP Energia Polska will “establish cooperation with 21 companies from the Columbus Energy Group for construction works on the implementation of photovoltaic farm projects belonging to the Columbus Group. According to the schedule, the projects are to be completed in 2025. After building and commissioning the photovoltaic farms, the management board of Columbus Energy plans to take steps to sell them or change the financing structure to project finance.”

The MGS team included Partners Michal Sznycer and Bartosz Sambozuk, Junior Partner Paula Borzyszkowska-Tekieli, and Lawyers Joanna Sadowska and Izabela Koszela.

Norton Rose Fulbright has advised Santander Bank Polska on financing to 7R for the construction of a warehouse in Gdansk.

7R operates in the commercial real estate market, specializing in warehouse and production spaces.

According to Norton Rose, “7R City Park Gdansk Airport is a modern facility consisting of three halls with a total area of 40,500 square meters. The project includes a 250-kilowatt photovoltaic installation with expansion capabilities, high-quality thermal insulation for walls, and daylighting complemented by LED lamps. The facility is a combination of warehouses, production functions, and office buildings with easy access to the Tri-City and Baltic ports.”

The Norton Rose team included Partner Tomasz Rogalski, Senior Associate Maciej Dubiel, Associates Karolina Lepakiewicz, Magdalena Olechniewicz-Blocher, and Jan Nowjalis, and Lawyers Dominika Wojtkowska and Wiktoria Jadczak.

Schoenherr, working with Jones Day, has advised HES International on its EUR 1 billion debt capital raise. Wardynski and Partners, working with Latham & Watkins, advised the National Westminster Bank and Kroll Trustee Services Limited on the raise.

HES International is a European independent bulk handling company. It provides transshipment, storage, blending, and processing services of dry bulk and liquid bulk products at 18 sites across six countries.

According to Schoenherr, “HES’s Polish subsidiary served as the guarantor, securing the financing with its assets. The funding will support HES’s growth strategy and portfolio diversification. The transaction included contributions from relationship bank lenders and institutional investors, marking HES’s debut in the US Private Placement market.”

The Schoenherr team included Partner Weronika Kapica, Senior Attorney at Law Adam Nowosielski, and Associates Aleksandra Golawska, Roza Szatan, and Karolina Samocik. 

The Wardynski and Partners team included Partners Daniel Smarduch, Lukasz Szegda, and Jakub Macek, Associate Filip Kurys, and Junior Associate Patryk Jackiewcz.

Greenberg Traurig has advised Eastnine on the acquisition of the Nowy Rynek E office and service building in Poznan from Skanska. Dentons advised the seller.

Eastnine is a Swedish real estate company focused on modern and sustainable office and logistics properties in the Baltics. It is listed on Nasdaq Stockholm Mid Cap, Real Estate.

According to Greenberg Traurig, the value of the transaction is approximately EUR 79 million. Nowy Rynek E has a gross leasable area of 28,800 square meters. “The Nowy Rynek complex is a multiphase project located in the heart of Poznan which combines buildings with office, retail, and residential functionalities in one of the largest urban projects in the recent history of Poznan.”

In 2022, Greenberg Traurig advised Eastnine on the acquisition of Nowy Rynek D office buildings from Skanska (as reported by CEE Legal Matters on May 11, 2022).

The Greenberg Traurig team included Deputy Managing Partner Radomil Charzynski, Counsel Olga Durawa, Senior Associate Iga Czerniak, and Associates Paulina Walczewska, Maciej Smaczynski, and Natalia Skomorowska.

The Dentons team included Poland Co-Managing Partner Bartlomiej Kordeczka, Managing Counsel Tomasz Krasowski, Counsel Ewelina Klein, and Associates Alicja Grabowska, Karolina Kordulska, and Martyna Kaminska.

Gessel has advised Inplus on its sale of Smart Factor to Cyclomedia.

Cyclomedia is working on geospatial technologies that seek to enable the generation of highly accurate 360-degree panoramas and 3D data collected at street level, enriched using artificial intelligence analysis.

Smart Factor is a Polish provider of measurements and data concerning traffic lanes and the broader urban environment.

Inplus is an IT services and consulting company.

The Gessel team included Managing Associates Aleksandra Szyszko-Kaminska and Krzysztof Jasinski.

Gessel did not respond to our inquiry on the matter.

Soltysinski, Kawecki & Szlezak, working with Houthoff, has advised DataExpert on the acquisition of Polish companies Media and Safesqr. Slazak, Zapior and Partners reportedly advised the sellers: Sebastian Malych, Przemyslaw Krejza, Tomasz Tatar, Pawel Kulpa, and Grzegorz Kowalczyk.

Media and Safesqr operate in the field of cybersecurity and computer forensics.

According to SK&S, “DataExpert combats cybercrime and fraud by providing specialized forensic and security software, hardware, and training, enabling customers to conduct investigations and secure their systems and data effectively. DataExpert is owned by an investment fund managed by Bridgepoint Development Capital, which is part of Bridgepoint Group plc, a UK-based asset management company specializing in private equity and private debt investments with a focus on mid-market companies.”

The SK&S team included Partners Slawomir Uss, Krzysztof Kanton, and Slawomir Luczak, Senior Counsel Jakub Wozniak, Senior Associates Maciej Zelewski, Katarzyna Juralewicz, Katarzyna Pikiewicz, and Zaneta Urbaniak, and Associates Wiktor Markiewicz, Alla Pechenieva, Michal Oles, and Aleksandra Krzesniak-Salajczyk.

Editor’s Note: After this article was published, Slazak, Zapior and Partners confirmed its involvement to CEE Legal Matters. The firm’s team included Partners Jaroslaw Gora and Katarzyna Stabinska and Attorneys at Law Bartosz Olszewski, Marta Lazar-Tymon, Karol Pluta, and Bartlomiej Pawlowski.