SK&S advises Euricom on acquisition of Sonko, Eastern Europe’s leading healthy snacks brand

Sołtysiński Kawecki & Szlęzak law firm is currently advising Euricom S.p.A., a prominent global leader in the rice sector, on the acquisition of Sonko sp. z o.o., an unquestionable leading company on the healthy snacks market in Eastern Europe and a Polish brand operating since 1989, from Oshee Polska sp. z o.o., a renowned functional sports drinks manufacturer in Poland. Euricom aims to strengthen Sonko’s snack portfolio by investing in its infrastructure and brand identity, and expand its existing production capabilities in Italy. The acquisition is subject to regulatory approvals.

SK&S played a pivotal role throughout the transaction, providing comprehensive legal services on various aspects, which included: drafting and negotiating all transaction documentation, conducting legal due diligence on Sonko and strategic legal advice throughout the entire process.

The core SK&S team responsible for the transaction consisted of Robert Gawałkiewicz (Senior Partner, M&A) and Jakub Woźniak (Senior Counsel, M&A). It was also with the support of Michał Dawidowicz (Senior Associate, M&A) and Wiktor Markiewicz (Associate, M&A).

The dedicated due diligence team comprised: Witold Kurek (Senior Counsel, M&A/Environmental Protection), Aleksandra Krześniak-Sałajczyk (Associate, IP), Adrianna Nowińska (Associate, ESG/Environmental Protection), Ewelina Woike-Reguła (Associate, Life Sciences), Andrzej Sikorski (Senior Associate, Energy), Julia Bałkowiec-Iskra (Associate, Energy), Maja Górawska (Associate, Employment). Krzysztof Kanton (Partner, Competition) and Szymon Murek (Senior Associate, Competition) provided advise on regulatory aspects of the transaction.

Galaet Limited, operating through its subsidiary Galaet B.V., served as the financial advisor to Euricom. Due diligence of Sonko was conducted by E&Y Poland on financial and tax matters, and Royal Haskoning DHV on environmental and technical ones. FIDEA Corporate Finance and BCGL acted as the financial and legal advisors, respectively, for OSHEE.

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