Greenberg Traurig and Gide Advise on Eltel's Sale of Eltel Networks Telecom to Vinci Energies

Greenberg Traurig and Gide Advise on Eltel's Sale of Eltel Networks Telecom to Vinci Energies

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Greenberg Traurig has advised Eltel AB, a Northern European provider of technical services for critical infrastructure networks listed on Nasdaq Stockholm, on the divestment of its Polish communication business, Eltel Networks Telecom, to Vinci Energies, a company dealing in concessions and contracting. Gide Loyrette Nouel advised Vinci on the EUR 12.7 million transaction.

According to Greenberg Traurig, the divestment is “a part of Eltel’s strategy to focus on developing the Nordic market, where the company has a leading market position and a high level of expertise.”

The Greenberg Traurig team was led by Partner Stephen Horvath and Local Partner Daniel Kaczorowski and included Associates Magdalena Medynska, Agata Izyk, Grzegorz Socha, Natalia Wolkowycka, and Iga Czerniak.

Gide's team included Partner Dariusz Tokarczuk, Counsel Konrad Kosicki, and Senior Associate Edyta Zalewska