Lawyers from Sołtysiński Kawecki & Szlęzak advised Orbico d.o.o. in its acquisition of a 100% stake in Optimum Distribution CZ&SK s.r.o. from Empik Media & Fashion S.A., as well as a 100% stake in Optimum Distribution Sp. z o.o. from Mataro Investments Sp. z o.o. – a subsidiary of Empik Media & Fashion S.A.
The companies acquired by Orbico d.o.o., together with their subsidiaries (amongst others Amersport Group sp. z o.o., “Soul” Sp. z o.o., and Amersport Russia LLC), which make up the Optimum Group, operate in the sectors of: distribution of luxury cosmetics, lifestyle clothes, and shoes, in: Poland, the Czech Republic, Slovakia, Russia, Ukraine, and Romania. The transaction is valued at PLN 82 million.
The scope of SK&S’ advice included: carrying out an audit of the acquired group of companies, negotiating the transaction documentation, and assisting in signing the preliminary share sale agreement concluded on 18 January 2016 and final share sale agreement concluded on 30 June 2016
SK&S’ transaction team which advised Orbico d.o.o consisted of: Agnieszka Skowronek (main lawyer leading the project), Witold Kurek (advising in the transactions financing field), and Robert Gawałkiewicz – senior partner at SK&S – as supervising partner.