Wierzbowski Eversheds Sutherland has advised ELMO on the sale of an organized part of its enterprise to Solutions 30 Holding.
According to Wierzbowski Eversheds Sutherland, “for nearly 30 years ELMO S.A. has been involved in construction of Polish road, energy, telecommunications and Internet infrastructure. It specializes in delivering comprehensive services for the infrastructure construction market in the areas of electricity, telecommunications, metallurgy, and construction of roads and bridges.“ The part of its enterprise that was sold to Solutions 30 Holding generates annual revenue of over PLN 60 million, and some 630 staff were transferred to the new owner.
Solutions 30 Holding is a a member of the Solutions 30 SE group, which operates in the field of new digital technologies in the telecommunications, IT, security, energy, and retail industries.
The Wierzbowski Eversheds Sutherland team included Counsels Renata Patoka and Krzysztof Feluch.
Wierzbowski Eversheds Sutherland did not reply to our inquiry on the matter.