Greenberg Traurig has advised Eltel AB on the EUR 12.7 million sale of its Polish Communication business to Vinci Energies SA, which was advised by Gide.
The transaction is expected to close in the third quarter of 2019.
Eltel is a Northern European provider of technical services for critical infrastructure networks – Infranets – with operations throughout the Nordics, Poland, and Germany. The company is listed on Nasdaq Stockholm.
Vinci Energies provides services in energy and information technologies, as well as offering industrial mechanics, thermal engineering, information networks, power transmission, solar farms, and telecommunications infrastructure.
The GT team was led by London-based Partner Stephen Horvath and Local Warsaw Partner Daniel Kaczorowski and included Associates Magdalena Medynska, Agata Izyk, Grzegorz Socha, Natalia Wolkowycka, and Iga Czerniak.
Gide's Warsaw-based team consisted of Partner Dariusz Tokarczuk, Counsel Konrad Kosicki, and Associate Edyta Zalewska.