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CMS, Weil, and Deloitte Advise on Eurocash Acquisition of Polish Supermarket Chain

CMS, Weil, and Deloitte Advise on Eurocash Acquisition of Polish Supermarket Chain

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CMSWeil Gotshal & Manges, and Gessel have advised the sellers of Poland's Mila SA supermarket chain to Eurocash SA. Eurocash was advised by Deloitte Legal on the deal.

Mila owns 188 supermarkets, mainly in central Poland.

According to Deloitte Legal, "the value of one of the largest recent transactions on the market has been set at 350 million zlotys, which does not include certain properties that will not be acquired by Eurocash. The finalization of the transaction depends, among other things, on [approval] by the UOKiK." The firm describes the Eurocash Group as "the largest Polish company dealing with wholesale distribution of food products, household chemicals, alcohol and tobacco."

The CMS team advising selected sellers was led by Partner Dariusz Greszta and included Senior Associates Zuzanna Jurga and Piotr Przybylski.

The Weil team, supervised by Partner Piotr Tomaszewski, was led by Senior Associate Marek Maciag and Associate Aleksandra Dobrzynska, with the assistance of Senior Associate Michal Bobrzynski and Associate Tomasz Bakowski. The due diligence team was supervised by Counsel Monika Kierepa.

The Deloitte Legal team representing Eurocash was led by Partners Pawel Moskwa and Piotr Siezieniewski, supported by, among others, Managing Associate Anna Witkowska.

Editor's Note: After this article was published, Gessel announced that it had also advised Argus Capital on the deal. The firm's team was managed by Managing Partner Marcin Macieszczak and included Partner Małgorzata Badowska and Advocate Michal Bochowicz.