Mon, Jul
42 New Articles

Clifford Chance and Weil Advise on Hortex's Acquisition of Polish Mineral Water Producer

Clifford Chance and Weil Advise on Hortex's Acquisition of Polish Mineral Water Producer

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Clifford Chance has advised Mid Europa Partners and its recently acquired portfolio company Hortex on the conditional agreement to purchase Jurajska from Bewa. Weil Gotshal & Manges advised Bewa on the transaction, which remains contingent on the consent of the Office of Competition and Consumer Protection, expected to come in the first quarter of this year.

Both Clifford Chance and Weil advised on Mid Europa Partners' acquisition of the Hortex Group back in 2017 as reported by CEE Legal Matters on November 6, 2017.

According to Clifford Chance, "Jurajska is the dynamically developing producer and distributor of mineral water drawn from the Triassic level of Jura Krakowsko-Czestochowska area (the Krakow-Czestochowa Upland, also known as the Polish Jurassic Highland) and was set up more than 60 years ago. Jurajska sp. z o.o. will continue to operate as a separate company and will be the Hortex Group's third segment of business, after juices and frozen foods (the companies Hortex and Polski Ogrod, respectively). The transaction is a strategic move for the Hortex Group because it is now entering a market which is new to it, the mineral water market – currently estimated to be worth more than PLN 4 billion in Poland and exhibiting a growth trend."

Clifford Chance's team was led by Warsaw Managing Partner Agnieszka Janicka. The transactional team was led by Counsel Slawomir Czerwinski and Senior Associate Jaroslaw Gajda and included Konrad Rominkiewicz, Dominika Pietkun, Joanna Kaminska, Zuzanna Potoczna, Aleksandra Właszczuk, Aleksandra Ulatowska, Weronika Miszewska, Katarzyna Perkowska, Mateusz Chmura, and Marta Matynia.  

The Weil team consisted of Partners Lukasz Gasinski, Robert Krasnodebski, and Marcin Iwaniszyn, Counsel Monika Kierepa, Senior Associate Marek Kanczew, and Associate Anna Aranowska.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

Our Latest Issue