Volvo has successfully acquired a truck service business previously operated by Serwisy Józef Skrzypa sp. k. The transaction included the acquisition of several service points located in western Poland – with more than 100 employees.
Volvo Polska is part of the Volvo Group – one of the world’s leading manufacturers of trucks, buses, construction machinery and propulsion systems for motorboats and industrial equipment.
WKB has provided comprehensive transactional legal support, including due diligence exercise on the acquired business, structuring of the transaction and negotiating and assisting at finalising the transaction documentation to ensure a smooth change in the ownership for future growth. WKB lawyers have also supported Volvo Polska in obtaining the consent of the President of the Office of Competition and Consumer Protection for concentration.
The M&A team was led by Anna Kratiuk and comprised Magdalena Purol, Sebastian Woźniak and Dorota Gajuk. The real estate aspects of the acquisition were covered by Marta Czarnecka and Marta Pałyga while employment-law-related matters were handled by Wioleta Polak, and merger clearance was secured with support from Wojciech Kulczyk and Filip Rybak.