CMS has advised the MOL Group on its acquisition of Lotos Paliwa with assets including 417 petrol stations in Poland. Rymarz Zdort advised the Lotos Group on the sale.
According to CMS, the transaction value was set at nearly USD 610 million, with a “variable element depending on the company’s debt and working capital. The sale of the fuel station network by the Lotos Group is necessary to carry out its planned acquisition by PKN Orlen.”
CMS' team included Partners Lukasz Szatkowski, Blazej Zagorski, Rafal Zwierz, Piotr Ciolkowski, Malgorzata Urbanska, Agnieszka Skorupinska, Eva Talmacsi, and Helen Rodwell, Senior Associates Rafal Burda, Piotr Prawda, Magdalena Zmyslowska, Grzegorz Paczek, Adam Kedziora, Jagoda Nowakowska, Eliska Copland, Krzysztof Sikora, Wojciech Szopinski, and Maciej Olejnik, and Associates Szymon Klimkowski, Anis Ben Amer, Pawel Ura, Michal Tutaj, Mateusz Mazur, Patrycja Styczynska, and Moritz Kopka.
Rymarz Zdort's team included Managing Partner Pawel Rymarz, Partners Jakub Zagrajek, Iwona Her, and Robert Krasnodebski, Counsels Aleksandra Dobrzynska-Grezel and Irmina Watly, Associates Kamil Klopocki, Diana Sofu, and Pawel Mazur, and Junior Associate Filip Goledzinowski.
This transaction is part of a greater number of deals arising from the ongoing PKN Orlen – Grupa Lotos merger.