B2RLaw has advised Kodano on a PLN 40 million investment from the Vinci Da Gama ASI fund. Destrier advised Vinci.
The Kodano Group sells optical products in Poland.
Vinci Da Gama fund is managed by Vinci, from the Polish Development Fund group.
According to B2RLaw, "the capital raised, will be used to intensify expansion in European markets and develop the laboratory where eyeglass lenses are manufactured."
“We decided to invest in a company in the optical market because of the attractiveness of the business plan presented by Kodano," commented Vinci CEO Piotr Wolinski. "We see Kodano as a growth company and one that is ready to further scale its business by expanding its network of stationary stores and expanding its online sales in European markets. Kodano’s mix of sales channels allows it to further optimize its sales activities and benefit from economies of scale, which in the long term should positively impact the company’s profitability. We expect that the invested capital will allow Kodano to grow at a rate faster than the market."
The B2RLaw team included Partner Agnieszka Hajos-Iwanska and Associates Magdalena Borychowska and Konrad Czernecki.
The Destrier team included Partners Michal Zoltowski and Mateusz Zreda, Senior Associates Kinga Wasowska and Oliwia Kosmowska, and Trainee Attorney Maciej Plaugo
