SIMPLIFYING MATTERS

x
Info career

info centre

MAGNUSSON WARSAW ADVISES ON PURCHASE OF LARGE POULTRY PROCESSING PLANT

2018-07-31

Magnusson Warsaw has advised on the acquisition of a controlling interest in the Polish company L&B Wyrębski by Plukon Food Group, based in the Netherlands. The transaction was finalised in July 2018.

The recently completed second stage of the transaction comprised determining the target shareholding and corporate structure of the company, which was achieved through Plukon acquiring shares in the increased share capital of the company. Currently, Plukon is the majority shareholder of the company (60%), while members of the Wyrębski family, who have retained the status of minority shareholders, hold the remaining 40%.

Magnusson advised the new shareholder. On the part of the law firm, the entire process was coordinated by two partners: Wojciech Fabrycki, Head of Corporate and Capital markets practice, and Tomasz Kudelski, specialising in commercial law and transaction advisory. “The funds acquired by the company allowed it to finance the acquisition of assets in relation to the completion of an investment in the construction of a modern slaughterhouse and poultry processing plant” said Wojciech Fabrycki.

Plukon Food Group B.V., with its registered office in the Netherlands, is one of the leading producers and processors of poultry in Europe. Its production facilities are situated in the Netherlands, Belgium, and Germany. On 31st January 2017, the company was permitted to take over L&B Wyrębski, as a consequence of which the latter changed its business name to Plukon Sieradz.

Other News

  • MARTIN HIRVOJA AS AN EXPERT SPEAKER AT THE ST. PETERSBURG INTERNATIONAL LEGAL FORUM

    Martin Hirvoja, attorney-at-law from Magnusson Tallinn Office, participated as an expert on the panel on How to Make Government Oversight Amiable yet Effective: Presentation of a New Draft Bill on State Control and Supervision of Russian Federation.

    read more
  • MAGNUSSON WARSAW ADVISES VASTINT ON SALE OF THREE OFFICE BUILDINGS IN WROCŁAW

    Magnusson Warsaw represented Vastint Poland in the process of selling three office buildings being a part of Business Garden Wrocław. The property was purchased by the Philippine fund ISOC Group.

    read more
  • MAGNUSSON FINALISES ONE OF SWEDEN'S LARGEST REAL ESTATE LAWSUITS

    The case concerned the termination of a site leasehold right concerning Berg's oil port located in Nacka. Oil depot activities have been conducted on the property since 1959. Nacka municipality has during the last twenty years planned to create a denser and more mixed urban development on western Sickla island, where the property is located.

    read more
  • MAGNUSSON WINS IN SWEDEN’S ENVIRONMENTAL COURT

    Magnusson has successfully represented Varbergs Bostadsaktiebolag in the Environmental Court in a case concerning exemption from the prohibitions in the biotope protection provisions in the Environmental Code.

    read more
more NEWS