Sołtysiński Kawecki & Szlęzak advises the American concern Cargill in the acquisition of entities operating within the KONSPOL Group.
KONSPOL Group is a family business with a 40-year history. The firm’s production plants are located in Nowy Sącz and Słupca. In recent years it has engaged in a range of investments in the field of poultry breeding and the production of meat products. As a result, the firm has a state-of-the-art infrastructure along the entire production chain for poultry products, from production of feed down to the end food products, including a wide range of convenience products. These latter products set the company apart from its competitors and are exported to dozens of countries around the world. KONSPOL Group’s customers include some of the largest retail chains.
Cargill is a world leader in the production of food. It has been in operation for 153 years and addresses its offer to customers in over 125 countries. 150 000 Cargill workers achieve the concern’s goal which is that of supplying the world with food in a safe, responsible and balanced way. The acquisition of KONSPOL Group will increase Cargill’s investment commitments in Poland – at present the concern has workers in 29 plants throughout the country.
The concluded agreement obligates both parties to effect the final transaction once a positive verification has been obtained from the relevant authorities. The subject of the transaction are all the entities of the KONSPOL Group together with the production facilities and product portfolio, i.e. acquisition of feed production, five breeding complexes, an abattoir, and two production plants.
SK&S advised Cargill on all elements of the transaction: negotiations with owners, preparation of the transaction documentation, the due diligence and regulation issues, including preparation of the notification to the Competition and Consumer Protection Office.
Cargill is advised in this transaction by a team of SK&S transaction lawyers headed by counselor Łukasz Berak, partner in the M&A department, in cooperation with counselor Krzysztof Pawlisz, senior partner, made up of: counselor Andrzej Motyka (senior associate), counselor Michał Dawidowicz (associate) and counselor Jan Pierzgalski (associate), assisted by specialists from other departments – Borys Sawicki (senior counsel), Dominika Konarska (senior associate) and Tomasz Duchniak (senior associate).
Antimonopoly issues are handled by counselor Krzysztof Kanton, partner in charge of the competition law practice, as well as Dr Jarosław Łukawski (senior counsel) and Szymon Murek (associate).