WKB law firm advised Grosfillex (through a group entity, Arban Sàrl) on a transaction concerning their acquisition of 100% of shares in Warmińska Fabryka Okien “Postęp” Sp. z o.o., a window manufacturer active on both the Polish and European markets since 2003.
The transaction was preceded by a corporate restructuring of the target company, which involved, among others, the intra-group transfer of shares in group companies, including in target’s German subsidiary and the transfer of key assets and employees within the group. The transaction was finalized on 12 December 2019.
WKB’s lawyers advised Grosfillex and provided comprehensive legal support during the entire transaction process, in particular undertaking a legal due diligence of the target and the remaining Polish group entities, a pre-transaction restructuring and providing support in the negotiation of the transaction documents.
Grosfillex is a leading French manufacturer of furniture and fit-out materials with a history of over 90 years. It employs more than 1,200 people and has a market presence in over 80 countries, with manufacturing centers in France, Brazil and the United States.