Attorneys from the law firm Sołtysiński Kawecki & Szlęzak assisted Orbico d o.o., with its seat in Croatia, in a transaction involving the acquisition of 100% of the shares in the company Optimum Distribution CZ&SK s.r.o. from Empik Media & Fashion S.A., as well as 100% of the shares in the company Optimum Distribution Sp. z o.o. from Mataro Sp. z o.o., a direct 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., Amersport Russia LLC), comprise Optimum Group, which operates in the sector of distribution of luxury cosmetics, lifestyle clothes and shoes in Poland, the Czech Republic, Slovakia, Russia, Ukraine and Romania. The value of the transaction is PLN 82 million.
The scope of SK&S advice included in particular: carrying out an audit of the acquired group of companies, negotiating the transaction documentation, as well as assistance in signing the preliminary share sale agreement concluded on 18 January 2016.
The SK&S transaction team which advised Orbico d.o.o. was headed up by Partner Paweł Moskwa, who was assisted by senior associate Leszek Małecki, associate Agnieszka Skowronek, and associate Edyta Prociak.