February 26, 2019
Weil advised Bewa sp. z o.o., a leading producer of natural mineral water and carbonated beverages in Poland, in connection with the sale of all shares held by Bewa in Jurajska sp. z o.o. to the Hortex Group, a producer of frozen fruit and vegetables, as well as juices and soft drinks.
Jurajska will remain a separate entity and will form a third business segment of the Hortex Group’s operations, in addition to its juice business (Hortex sp. z o.o.) and frozen food business (Polski Ogrod sp. z o.o.).
The conditional agreement for the sale of shares in Jurajska was signed on February 1, 2019. The conclusion of the final agreement and the acquisition of the shares by the Hortex Group are conditional on the receipt of merger clearance from Poland’s President of the Office of Competition and Consumer Protection.
The Weil team that handled the transaction was led by Corporate partner Lukasz Gasinski. Corporate counsel Monika Kierepa handled intellectual property matters. Tax partner Robert Krasnodebski and Tax senior associate Marek Kanczew advised on tax matters. Banking & Finance partner Marcin Iwaniszyn dealt with financial law issues related to the transaction. Law clerk Anna Aranowska was responsible for day-to-day work on the transaction.