The law firm Sołtysiński Kawecki & Szlęzak advised China Security & Fire Co. Ltd, a company listed on the stock exchange in Shanghai, on the conclusion of a preliminary share sale agreement with a company controlled by the private equity fund Value4Capital (V4C). The value of the transaction is approximately EUR 110,000,000. The transaction will be finalized once the suspensive conditions have been met, including that of obtaining the consent of the Competition and Consumer Protection Office.
SK&S advised China Security & Fire Co. Ltd. on the legal and tax aspects of the transaction, including a legal and tax due diligence, negotiating the transaction documents, and representing the buyer in proceedings before the President of the Competition and Consumer Protection Office.
The team of lawyers advising China Security & Fire Co. Ltd. was composed of Leszek Małecki (senior associate), Karol Skibniewski (associate) – transaction/corporate matters; Piotr Andrzejak (partner), Szymon Czerwiński (senior associate) – tax matters; Krzysztof Kanton (partner), Jarosław Łukawski (senior counsel) – antimonopoly matters; Roch Pałubicki (partner) and Filip Sodulski (associate) – employee matters. The transaction and the team’s work was supervised by Tomasz Kański (senior partner).
Companies belonging to the Konsalnet group are amongst the main players on the Polish market of protection of persons and property, transport of cash, and security systems and monitoring.
Entities belonging to the buyer’s group are mainly active on the Chinese market where they provide smart city solutions for large cities, as well as on the markets of South-West Asia, as well as Australia and New Zealand, on which they carry out operations mainly involving the logistics of cash transport, financial security, protection of persons, electronic security, management of facilities, as well as a range of services for businesses.