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CMS and Greenberg Traurig Advise on Acquisition of Emperia Holding S.A.

CMS and Greenberg Traurig Advise on Acquisition of Emperia Holding S.A.

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CMS is advising Maxima Grupe UAB, owner of the Maxima network of grocery stores in Lithuania, Latvia, and Estonia and a network of Aldik supermarkets in Poland, on an investment agreement signed with Emperia Holding S.A., an owner of the leading Stokrotka supermarket chain in Poland, which then became the basis for a tender offer. Greenberg Traurig advised Emperia on the matter.

Founded in 1990, Emperia is a prominent independent chain of supermarkets operating under the Stokrotka banner. According to CMS, "having helped shape the Polish retail industry in Poland for the past 27 years, it operates in the retail and FMCG sector, with 410 stores located in residential areas, as well as small and large shopping centers."

CMS reports that the firm's scope of work on this transaction "included a due diligence investigation, negotiations of an investment agreement, and preparation of documentation related to a tender offer for Emperia shares. Signing of the investment agreement marks the end of Emperia's selection of a strategic investor, which started in May 2017."

The CMS transaction team was led by Partner Jakub Marcinkowski, with support from Senior Associates Olga Czyzycka and Rafał Kluziak.

The Greenberg Traurig team was led by Partner Ireneusz Matusielanski and included Local Partner Tomasz Kacymirow, Senior Associate Adam Puchalski, and Associates Magdalena Zmysłowska and Marek Kłeczek.

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

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