Fri, Jan
83 New Articles

Baker McKenzie Prague and Warsaw Part of Multi-Jurisdictional Team Advising Arbonia on Sale of Windows Business

Baker McKenzie Prague and Warsaw Part of Multi-Jurisdictional Team Advising Arbonia on Sale of Windows Business

Deals and Cases
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Lawyers from Baker McKenzie's Prague and Warsaw office formed part of the firm's multi-office team advising Swiss building component supplier Arbonia on the sale of its windows business to Denmark's Dovista Group.

The five companies relating to the windows business that Arbonia sold are Dobroplast, EgoKiefer, Slovaktual, Webcom and Wertbau. With this acquisition, Baker McKenzie reports, the Dovista Group will gain access to the Central European markets of Switzerland, Germany, Poland, and Slovakia, where the Windows Division holds strong market positions.

According to Baker McKenzie, "in 2015, Arbonia initiated a comprehensive restructuring and relocation process in the Windows Division. It invested around CHF 100 million net in new production capacities, including the purchase of the German Wertbau in 2015, and in the modernization and automation of its machinery. As a result, the four autonomously operating companies became an integrated group with three highly automated production competence centers for wood, wood/aluminum, vinyl, and vinyl/aluminum windows with a high degree of vertical integration, which has strong positions in the domestic markets of Switzerland, Slovakia ,and Poland."

Lawyers from Baker McKenzie’s Zurich, Berlin, Frankfurt, Munich, Prague, and Warsaw offices advised Arbonia on the sale. The team was led by Partner Alexander Fischer and included, among many others, in Prague, Partner Tomas Skoumal, Associates Vlastimil Kreysa, Marek Disman, Michal Simcina and Samuel Bodik, and in Warsaw, Partner Tomasz Krzyzowski, Director of Tax Piotr Wysocki, Counsels Mikolaj Piaskowski and Michal Lisawa, and Associates Piotr Szczecinski andPiotr Maksymiuk, Katarzyna Lisiewska, Piotr Ciepiela, Michal Pakosz, and Kamil Matyskiewicz, Junior Associate Jakub Zebrowski, and Trainee Piotr Pawlowski.

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