Gessel has advised the Avallon MBO Fund III on its acquisition of a 70% stake in mobile home manufacturer Letniskowo. Accreo Legal reportedly advised Letniskowo.
Avallon MBO is an investment outfit with a focus on management buy-outs.
Letniskowo is a builder of mobile homes, turning out approximately 500 units every year. In 2022, Letniskowo posted sales of PLN 115 million and had over 170 employees.
The Gessel team included Partner Maciej Kozuchowski, Managing Associate Bartlomiej Wozniak, Senior Associates Diana Strzalkowska and Majka Rucinska, and Associate Karolina Sobola.
Editor's Note: After this article was published, Accreo Legal confirmed it had advised Letniskowo. The firm's team included Managing Partner Jaroslaw Antosik and Attorney at Law Katarzyna Jakubowska.