Cerha Hempel has advised the XXXLutz Group on a share acquisition establishing an equal partnership in the Black Red White Group. Wardynski & Partners reportedly advised XXXLutz as well.
The transaction remains contingent on regulatory approval
The Black Red White Group is a furniture retailer and producer based in Poland. It exports its products to over 50 countries and operates 93 stores as well as a network of approximately 370 distribution partners in Poland.
The XXXLutz Group operates more than 370 furniture stores in 13 European countries including Austria, Germany, the Czech Republic, Hungary, Slovenia, Slovakia, Croatia, Romania, Bulgaria, Switzerland, Sweden, Serbia, and Poland.
Cerha Hempel’s team included Partners Clemens Hasenauer, Johannes Prinz, Lorenz Pracht, and Harald Stingl and Associates Julia Digruber and Michael Ebner.
Cerha Hempel did not respond to our inquiry on the matter.
Editor's Note: After this article was published, Wardynski & Partners announced its involvement on behalf of XXXLutz. The firm's team included Partners Anna Dabrowska, Bartosz Kuras, and Michal Glinski and Lawyer Katarzyna Miszkiel.