CMS has advised Qualia Development – a development company which belongs to the PKO Bank Polski group – on the sale of land in Warsaw and at the seaside resort Jurata. Wiercinski Kwiecinski Baehr advised the buyers on the Warsaw deal.
Dentons has advised Polish Enterprise Fund VII, a private equity fund managed by Enterprise Investors, on the EUR 170 million sale of a 100% stake in the Scitec Nutrition sports nutrition producer, to Ascendis Health, a South African publicity listed health and care brands company. Ascendis Health was advised by Wolf Theiss.
Allen & Overy is reporting that it was international counsel to the Ministry of Finance of the Republic of Poland on its issue of RMB3 billion (approximately EUR 405 million) panda bonds, underwritten by Bank of China Limited and HSBC Bank (China) Company Limited. China's Zhong Lun Law Firm was Chinese counsel to the Ministry of Finance, and the Global Law Office advised the banks.
BSWW Legal & Tax has advised Polnord S.A., a large Polish company listed on the Warsaw Stock Exchange and operating on the construction and developer markets, with respect to a series O bond issue with a total nominal value of PLN 20 million, with the funds derived from the issue expected to be put towards implementing new projects and refinancing debt.
Weinhold Legal has advised the Polish group ITAKA, the largest travel agency active on the Polish market, on its acquisition of CEDOK, the oldest Czech travel agency, active on the Czech market since 1920. The US-Turkish company Odien was reported to be the seller of CEDOK on the deal. The value of the transaction was not disclosed.
DJBW Danilowicz Jurcewicz Biedecki i Wspolnicy has advised Europoles Renewables GmbH, a member of the VTC Group from Munich, on its acquisition of 62.5% of shares of Bilfinger Mars Offshore Sp. z o.o. (BMO), which produces foundations for offshore wind turbines and other steel structures related to wind energy.
Hengeler Mueller was lead counsel to the Chicago-based Filtration Group on its acquisition of the industrial filtration business of the MAHLE Group with Wolf Theiss advising on Polish, Romanian, Hungarian, Austrian, and Czech law aspects of the transaction. Slaughter & May advised in the UK, Paul Hastings in United States, Fangda in China, Bredin Prat in France, and Mori Hamada in Japan.
Bierc Siwik & Partners is reporting success in its representation of Poland's PORR Polska Infrastructure in proceedings before Poland’s National Chamber of Appeals (KIO) against the Province Roads Authority Lodz in a dispute involving a public service contract for the expansion of provincial road no. 710 by constructing a bridge across the Warta river in the city of the same name.