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Gessel Advises Avallon on Acquisition of Majority Stake in Clovin

Gessel Advises Avallon on Acquisition of Majority Stake in Clovin

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Gessel has advised Avallon on the acquisition of a majority stake in Clovin S.A.

According to Gessel, "the investment agreement will enable the extension of the portfolio of innovative and ecological products, as well as the continuation of the intensive investment program initiated and strengthening the position on the domestic market and in export."

Avallon is an independent Polish company managing private equity funds. Since 2001, it has participated in over 100 MBO transactions.

Clovin is a producer of professional and consumer washing powders and cleaning agents that has been present on the Polish market for over 20 years. The company's products are used in over 25 countries on five continents.

Gessel's team was managed by Partner Maciej Kozuchowski and included Partners Christian Schmidt and Bernadeta Kasztelan-Swietlik, Senior Lawyers Bartlomiej Wozniak, Karolina Krzal-Kwiatkowska, Michal Trociuk, and Marta Grabiec, and Lawyer Anna Haciuk.