The acquisition by Plukon Food Group BV (the Netherlands) of a majority stake in L&B Wyrębski Sp. z o.o.

DFJ provided legal advisory services to Plukon Food Group BV (the Netherlands) at the acquisition of a majority stake in the company under the business name L&B Wyrębski Sp. z o.o. operating in the poultry sector (the “Company”). The transaction included the acquisition of both existing and newly-issued shares in the Company’s increased share capital with a view to providing the Company with a part of financing necessary for the construction of a state-of-the-art poultry slaughterhouse and processing facility.

 

 

Debt financing

The granting of mezzanine debt financing by a Darby Fund from the Franklin Templeton Group to a company operating in the sector of chips and snacks production.

The team from the law firm of Dubiński Fabrycki Jeleński i Wspólnicy advising on the transaction was managed by attorney at law Tomasz Kudelski. Other involved persons were, among others: Aleksandra Rogalska and Izabella Piętka

Acquisition of control

Transaction involving the acquisition of control over a group of companies operating in the sector of white mushrooms compost production by a company owned by a private equity fund from the Abris Group.

The team from the law firm of Dubiński Fabrycki Jeleński i Wspólnicy advising on the transaction was managed by attorney at law Wojciech Fabrycki. Other involved persons were, among others: Tomasz Kudelski, Izabella Sieroń, Aleksandra Rogalska, Izabella Piętka and Paweł Bartosiewicz.

Acquisition of ECS SA’s shares

Our Law Firm advised CEE Equity Partners on the acquisition of a majority stake in a telecommunications company, Electronic Control Systems SA, by a private equity fund.

Another acquisition by the Maspex Wadowice Group

The Dubiński Fabrycki Jeleński i Wspólnicy Law Firm advised the Maspex Wadowice Group on the purchase from IK Investment Partners an Agros Nova Group division specializing in the production of agricultural and food products which is a leading food and drink producer in Central and Easter Europe. The Agros-Nova Group is the largest fruit and vegetable processor in Poland and a leading producer in the food sector holding such brands as Łowicz, Fortuna, Tarczyn, Garden, Pysio, Dr Witt, Krakus, Kotlin, Włocławek, and Fruktus. The Agros-Nova Group members employ nearly 2000 people.
Dubiński Fabrycki Jeleński i Wspólnicy advised the Maspex Wadowice Group at all stages of the transaction, which was one of the largest private equity transactions in Poland last year. The transaction still requires the consent of the President of the Office of Competition and Consumer Protection.
The Dubiński Fabrycki Jeleński i Wspólnicy transaction team was headed by Jarosław Dubiński and included Paweł Kapica, Grzegorz Bocian, and Łukasz Orłowski.

Sales of shares in Adesso S.A. (operating a chain of TextilMarket stores) by the Redan Group and completion of restructuring process of the Group’s debts towards banks and bondholders

Our Law Office advised the Redan Group in the sale of 25,12% of shares in Adesso S.A. (operating a chain of TextilMarket stores) for the price of PLN 35 million to an SPV controlled by 21 Concordia, a private equity fund. In accordance with the terms of the transaction, on the agreed date the purchaser may acquire additional 10,76% of shares in Adesso S.A. for the price of PLN 15 million. Information about details of the transaction was provided by Redan S.A. in its Current Report No. 43/2014 of 5 November 2014.

The sale price received by the Redan Group was allocated in entirety for early repayment of the Group’s liabilities to financial institutions (banks and bondholders) that were parties to a restructuring agreement concluded by the Group on 30 July 2013. Following the above repayment, the restructuring agreement was terminated and thus the restructuring process of the Group’s liabilities to the above entities was completed. We advised the Group both in negotiations to agree on the terms of restructuring the Group’s liabilities, ended with execution of the restructuring agreement, as well as in connection with intended early repayment of debts towards banks and bondholders and related release of certain collaterals established on the Group’s assets. Information about early repayment was provided by Redan S.A. in its Current Report No. 44/2014 of 6 November 2014.

Sale of Audioteka S.A. shares by K2 Internet S.A.

The Law Office assisted a company of K2 Internet S.A. group in the process of sale of 40% shareholding in Audioteka S.A., a company which has been operating in Poland since 2008 and specialises in distribution and production of audiobooks (the service, which is Poland’s biggest audiobook platform, is also available in the Czech Republic, France and Spain).