WKB Lawyers advised PIP Global Holdings and Oddysey Investment Partners on Polish aspects of the acquisition of Industrial Starter S.p.A., including its local subsidiaries throughout Europe.

WKB provided the buyers with complex legal support, including conducting due diligence of the local subsidiary and transaction assistance, in particular with the minority shareholders’ buyout.

Anna Wojciechowska led the team’s work, whose key members were Joanna Ksepko and Katarzyna Wójcikowska with the support from Marta Czarnecka, Klaudia Frątczak-Kospin, Piotr Gajek, Julia Jewgraf, Magda Kurowicka, Marcin Lorenc, Piotr Popielarski and Marta Wasik.

Protective Industrial Products, Inc. (“PIP”), with 35 locations around the world, is a portfolio company of Odyssey Investment Partners and a global leader in hand protection and PPE (personal protection equipment) for the industrial, construction, mining, and retail markets.

Industrial Starter, headquartered in Vicenza, Italy, is widely recognized in Europe as a quality provider of PPE, workwear, footwear and fall protection – selling principally under the ISSALINE® and Akrobat® brands. Current commercial operations include locations in Valencia, Spain; Altavilla Vicentina VI, Italy; Sosnowiec, Poland; and Ostrava, Czechia.

 

More info:

https://www.pipglobal.com/news-and-events

https://www.inddist.com/mergers-acquisitions/news/22263003/protective-industrial-products-inc-acquires-industrial-starter