DLA Piper has advised the founders of the Arhelan retail chain, which operates over 100 shops in north-eastern Poland, on the sale of a 49% stake to Polish retailer Eurocash, which was advised by Soltysinski Kawecki & Szlezak. The transaction remains subject to regulatory approval.
According to Rafal Rapala, Senior Partner at Kochanski & Partners, recent developments of interest in the Polish economy include, among other things, several investments by the state-owned Orlen oil company in several regional daily newspapers. This is another step in expanding the company’s portfolio beyond traditional fuel production and distribution, following its 2020 acquisition of Ruch, one of Poland's biggest kiosk and press distributing companies.
On December 20, 2020, CEE Legal Matters reported that Konieczny Wierzbicki had advised Dutch fund Van der Vorm Vastgoed on the acquisition of the La Praga residential project in Warsaw from Nexity Polska. CEEIHM spoke with Margreet van der Vorm, Director of International Investments and Rene Voortmeijer, Managing director at Van der Vorm Poland, to learn more about the deal.