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Freshfields, PwC, and CMS Advise on XIO Group Sale of Compo Expert to Grupa Azoty

Freshfields, PwC, and CMS Advise on XIO Group Sale of Compo Expert to Grupa Azoty

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Freshfields Bruckhaus Deringer has advised XIO Group on the sale of 100% of the shares of Compo Expert GmbH to Grupa Azoty S.A. The buyers were advised by PwC Poland and CMS Germany.

The closing of the transaction is subject to certain conditions such as approval from merger control authorities and approval from Grupa Azoty's shareholders.

CMS reports that the purchase price will not be higher than EUR 235 million.

Compo Expert is a manufacturer of specialty fertilizers for commercial use. The company owns and operates in Germany and Spain, and sells its products to customers across the world.

Grupa Azoty operates in the European fertilizer and chemical industry. The company is a European manufacturer of nitrogenous and compound fertilizers in the European Union. Additionally, the company produces melamine, caprolactam, polyamide, plasticizers, OXO alcohols, and titanium white, which are widely used across numerous industries.

The Freshfields team consisted of German Partners Heiner Braun, Markus Paul, Michael Josenhans, Wolrad Prinz zu Waldeck und Pyrmont, Michael Ramb, and Martin Schiessl, and Principle Associates Moritz Koch and Roman Eschke. The team also included Brussels-based Partner Sascha Schubert and Madrid-based Associate Guillermo Sanchez-Ostiz.

The PwC team in Poland consisted of Partners Wojciech Slowinski, Jolanta Kokosinska, and Rafal Drobka, and Senior Associate Tomasz Dziubak.

The CMS team was led by Berlin-based Partners Ralf Kurney and Igor Stenzel.

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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