Category: Poland

Kondracki Celej has advised Telemedi founder Pawel Sieczkiewicz and the company’s investors on its sale to Mavie Next. Rymarz Zdort Maruta advised Mavie Next. Balicki Czekanski Gryglewski Lewczuk advised Telemedi investor Adamed Pharma on the sale.

Telemedi is a digital health platform and telehealth provider in Poland.

Mavie Next is an Austria-based healthcare provider.

Back in 2021, Kondracki Celej advised Telemedi on its series A investment round which raised USD 6.6 million (as reported by CEE Legal Matters on February 9, 2021). The round’s investors included Flashpoint Venture Capital, UNIQA Ventures, PKO Bank Polski, Black Pearls VC, and Adamed Pharma.

The Kondracki Celej team included Partner Rafal Celej, Senior Associate Arek Klejnowski, Associate Monika Twerdochlib, and Paralegal Gabriela Lewicka.

The Rymarz Zdort Maruta team included Partner Jacek Zawadzki, Counsel Monika Gieraltowska-Karpowicz, Senior Associates Malgorzata Derus and Weronika Papucewicz, and Associates Patrycja Gliwka, Agnieszka Jablonska-Zachwieja, Justyna Niezgoda, and Alicja Mikos.

The BCGL team included Partner Jacek Balicki.

MFW Fialek has advised Milestone Real Estate on its group reorganization.

Milestone Real Estate is a Warsaw-based developer with a portfolio of residential projects focused on the aspects of sustainable construction and selective choice of construction materials.

According to the firm, the reorganization involved more than a dozen companies in the Milestone Real Estate group.

The MFW Fialek team included Associate Partner Rafal Siemieniec, Associate Mateusz Wieckowski, and Junior Associate Natalia Grzegorzewska.

Baker McKenzie has advised the VT5 Acquisition Company – a SIX-listed Swiss special purpose acquisition company – on the acquisition of R&S International Holding AG, an agreed business combination to take the R&S Group public on the SIX Swiss Exchange. Swiss law firm Advestra advised sole glob­al coordin­at­or UBS and joint bookrunner ZKB.

The R&S Group is a Basel-based engineering company dealing in electrical infrastructure components.

According to Baker McKenzie, “at a special meeting of holders of VT5 class A shares, an overwhelming majority voted in favor of acquiring the R&S Group and approved the transaction with 99% of all votes cast. December 13, 2023, marked the completion of the offering of new shares and redeemed shares, as well as the first day of trading for the renamed company R&S Group Holding AG, according to the Swiss Reporting Standard of the SIX Swiss Exchange.”

The Baker McKenzie team included Warsaw-based Partner Tomasz Krzyzowski and additional lawyers in Switzerland, the UK, the US, and Italy.

Wolf Theiss has advised Panattoni on obtaining a EUR 17 million financing from BNP Paribas Bank Polska for the construction of the Panattoni Park Grodzisk V warehouse park in the village of Natolin, near Warsaw.

Panattoni is a logistics and industrial real estate investment company. 

According to Wolf Theiss, “the construction of Panattoni Park Grodzisk V in the Polish municipality of Natolin was financed with a loan of EUR 17 million from BNP Paribas Bank Polska. The first phase of the project will comprise 25,000 square metres and one of the first future tenants will be a global manufacturing company.”

The Wolf Theiss team included Partner Przemek Kozdoj and Associates Jan Gasiorowski and Maria Markowska.

Kondracki Celej has advised the shareholders and management of Skriware on the full sale of the company to Shape Robotics. Act Legal BSWW reportedly advised on the sale as well.

Skriware is a Polish educational technology company producing STEM educational laboratories based on 3D printing, robotics, and programming.

Shape Robotics, listed on NASDAQ in Copenhagen, is an educational technology company developing hardware, software, and materials for its education robots.

The Kondracki Celej team included Partner Rafal Celej, Senior Associate Karolina Piotrowska-Andryszczyk, Associates Weronika Dabrowska and Martyna Mirek, and Paralegal Gabriela Lewicka.

Editor’s Note: After this article was published, Act Legal BSWW confirmed it had advised Shape Robotics. The firm’s team included Managing Partner Piotr Wojnar, Head of Tax Malgorzata Wasowska, Senior Associate Lukasz Swiatek, and Associate Hanna Szczepanska.

DZP Domanski Zakrzewski Palinka, working with Procopio, has advised CV Sciences on its acquisition of Cultured Foods.

California-based CV Sciences operates in the wellness sector specializing in “nutraceuticals and plant-based foods.” 

Cultured Foods is a Polish producer and distributor of alternative vegan foods.

The DZP team included Partners Bartosz Marcinkowski and Sylwia Kuca, Senior Associates Maciej Bialek and Justyna Tyc-Brzosko, Associates Hubert Kawalek, Dagmara Kajca-Szydlo, Michal Nita, and Magdalena Stepien, and Lawyers Tomasz Leszczewski and Joanna Kociolek-Ziemba.

Norton Rose Fulbright has advised Inter Cars on the extension, increase, and reorganization of its senior facilities in the aggregate amount of approximately PLN 2.54 billion (USD 642 million). Kinstellar, Magnusson, Kelemenis, and Glimstedt reportedly advised on the matter as well.

According to Norton Rose, Inter Cars is the second-largest distributor of automotive parts in Europe and third in the distribution of parts for commercial vehicles. 

“The transaction included implementation of sustainability-linked loan provisions which commit Inter Cars S.A. to measure and report on achievement of certain sustainability performance targets,” the same firm reported.

The Norton Rose team included Partner Grzegorz Dyczkowski, Counsel Krzysztof Gorzelak, Associate Michal Rutkowski, and Paralegal Izabela Kregiel.

Editor’s Note: After this article was published, Clifford Chance announced it had advised a consortium of banks including Bank Pekao, mBank, BNP Paribas Bank Polska, Caixa Bank, ING Bank Slaski, Bank Handlowy w Warszawie, and Santander Bank Polska on the extension and increase of the Inter Cars group’s syndicated financing up to approximately PLN 2.54 billion.

The Clifford Chance team included Poland-based Partner Andrzej Stosio, Counsel Kacper Bardan, and Associates Artur Gladysz and Joanna Korycinska; Romania-based Managing Partner Daniel Badea, Counsel Cosmin Anghel, Associate Nicolae Grasu, and Trainee Georgiana Cupas; Czech Republic-based Partner Milos Felgr and Junior Lawyer Sara Bartlova; Slovakia-based Senior Associates Stanislav Holec and Junior Lawyers Lukas Ljubovic and David Herich; as well as further team members in the UK and Germany.

CK Legal Chabasiewicz Kowalska has advised the Exact Systems Capital Group on its acquisition of MV Center Vision Systems. Frankiewicz Kapela reportedly advised MV Center Systemy Wizyjne.

Exact Systems provides international quality control, selection, and repair services for components and subassemblies in the automotive industry.

MV Center Systemy Wizyjne specializes in implementing dedicated machine vision systems that streamline production processes.

According to CK Legal, “the aim of this transaction is to enrich the company’s range of services and strengthen its position in the market through the use of modern technology.”

The CK Legal team included Managing Partners Magdalena Golonka and Antoni Liskiewicz and Founding Partner Agata Kowalska.

Greenberg Traurig and Rymarz Zdort Maruta have advised Ghelamco on the sale of the Warsaw Hub complex building housing the Crowne Plaza and Holiday Inn Express hotels to Corum XL. Hogan Lovells reportedly advised Corum XL.

Ghelamco is a Belgian developer whose portfolio in Warsaw includes the Warsaw Spire complex, the Warsaw Unit building, and projects such as the revitalization of the pre-war townhouses at 13 and 15 Foksal Street.

Corum XL is a French real estate fund managed by Corum Asset Management.

According to Greenberg Traurig, “the Warsaw Hub complex consists of three buildings: two office buildings and one hotel and service building, connected by an underground shopping arcade and a parking deck. Last year, the office part of the complex was sold to Google.”

The Greenberg Traurig team included Managing Partner Jolanta Nowakowska-Zimoch, Local Partners Kamil Majewski and Justyna Szwech, Associates Jakub Gajzler and Paulina Walczewska, and Junior Associate Maciej Smaczynski.

The Rymarz Zdort Maruta team included Partner Leszek Tokarski, Senior Associate Krzysztof Rembierz, and Associate Tomasz Wieczorek.

Poland’s SRC Law Firm has advised cosmetics manufacturer Lush on the lease agreement for its new 107-square-meter store at Westfield Arkadia in Warsaw.

This is the brand’s second store in Poland. According to the firm, it is “one of the first in the world to make such extensive use of natural materials and eco-friendly solutions, alluding to the company’s environmental and sustainability goals.”

UK-based Lush describes itself as a socially committed manufacturer and retailer of fresh, handmade cosmetics. It has more than 900 stores and additional e-commerce stores in 51 countries.

The SRC Law Firm team was led by Partner Lukasz Caban.