Wardynski & Partners has advised the Roca Group on Polish aspects of its acquisition of a majority shareholding in the Royo Group.
The deal closed on March 1, 2021, and financial details were not disclosed.
According to Wardynski, the Roca Group has 81 production centers and operates in 170 countries (including Poland), employing 24,000 people worldwide. The Royo Group has three manufacturing plants in Spain and Poland and two innovation centers. It is also present in Mexico, the US, and India, and produces about a million items of bathroom furniture annually.
The Wardynski & Partners team working on the deal was led by Partners Izabela Zielinska-Barlozek and Katarzyna Wojcik-Bakowska and included Partner Antoni Bolecki and Lawyer Andrzej Madala.
When asked about other firms involved in the deal, Wardynski announced that it was "not authorized to provide information about the transaction."