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SK&S and WKB Advise on Sale of PayUp Polska to Polskie ePlatnosti

SK&S and WKB Advise on Sale of PayUp Polska to Polskie ePlatnosti

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Soltysinski Kawecki & Szlezak has advised Eurocash S.A. on the sale of 100% of the shares in PayUp Polska S.A. to Centrum Rozliczen Elektronicznych Polskie ePlatnosci S.A. WKB Wiercinski, Kwiecinski, Baehr advised the buyers on the acquisition.

The preliminary share sale agreement was concluded on September 27, 2018.

PayUp is a Polish firm that manages a network of over 15,000 Point of Sale terminals in stores through which pre-paid services are provided, including recharging telephones, acceptance of payment cards, and payment via the Internet.

Eurocash S.A., which is listed on the Warsaw Stock Exchange, owns and operates a number of retail chains including Delikatesy Centrum, Lewiatan, ABC, Groszek, Eurosklep, with locations throughout Poland.

Centrum Rozliczen Elektronicznych Polskie ePlatnosci focuses on payment processing technology & solutions for business customers in Poland.

The SK&S team led by Partner Slawomir Uss, supported by Senior Partner Andrzej Szlęzak. The firm's team also included Partner Krzysztof Kanton, Senior Counsel Witold Kurek and Jaroslaw Lukawski, Senior Associate Leszek Malecki, and Associates Anna Bartosiewicz, Krzysztof Misarko and Mateusz Blocher.

The WKB team was led by Partner Jakub Jedrzejak and included Partners Marcin Smolarek and Bartosz Turno, Senior Associates Katarzyna Kozak, Wojciech Kulczyk, Robert Makowski, and Klaudia Fratczak-Kospin, Associate Monika Obieglo, and Junior Associate Janusz Szlanta.

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.

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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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