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Wierzbowski Eversheds Assists with Merger of Polish and Cypriot Companies

Wierzbowski Eversheds Assists with Merger of Polish and Cypriot Companies

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Wierzbowski Eversheds has advised on the cross-border merger of Elpro Development S.A. and the Cypriot company EMP Investment Ltd., both of which belong to Emperia S.A., which is listed on the Warsaw Stock Exchange.

The merger was a result of the restructuring of the group. According to Eversheds, work on the project commenced in November 2015, when a schedule for the merger was prepared. In May of this year the implementation of the plan began, and on November 14, 2016 the Warsaw District Court registered the cross-border merger between Elpro Development and EMP Investment.

According to Eversheds, "throughout the project our lawyers supervised the work of the Cypriot company and the law firm supporting it, S. Dionysiou & Partners LLC, and prepared and agreed all corporate documents to be effective in both jurisdictions."

The firm's M&A team was coordinated by Of Counsel Krzysztof Feluch, working with lawyer Roza Warszawik, while Partner Karolina Stawowska and Associate Malgorzata Sajkiewicz advised on tax matters.

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