Gide Loyrette Nouel has advised the LDC Group company Drosed Holding S.A. on its acquisition of shares in Indykpol S.A. from Rolmex S.A. Dentons advised the seller.
According to Gide, a conditional agreement was signed for the sale on November 7, 2023.
The French poultry producer LDC Group has been present in Polish market since 2000 according to Dentons, "when it acquired Drosed, a leading Polish poultry market player." The firm added that "the transaction with Rolmex will enable the buyer to further consolidate and expand its business, while contributing to Indykpol's plans of becoming a leader in the turkey industry in Europe."
The Gide team advising on the transaction included Partner Pawel Grzeskowiak, Counsel Dawid Van Kedzierski, Senior Associate Wojciech Czyzewski, and Associate Magdalena Zawislak. The deal is expected to be finalized in the first half of 2024 and is subject to the merger approval, with Gide's Brussels-based Partner Rolline Skehan and Associate Rolline Skehan and Warsaw-based Associate Szymon Chwalinski advising on merger clearance.
The Dentons team was led by Partners Piotr Dulewicz and Pawel Grabowski and included Partner Cezary Przygodzki, and Associates Beata Blaz and Marcin Urbanski.