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

  • MAGNUSSON TO PARTICIPATE IN ENTERPRISE2019 TECHNOLOGY ENTREPRENEURSHIP EVENT

    Magnusson will be represented in the Enterprise2019 Technology Entrepreneurship event held in Oulu on Wednesday, 6 November 2019.

    read more
  • MAGNUSSON WARSAW ADVISES VASTINT POLAND ON THE SALE OF FOUR OFFICE BUILDINGS IN POZNAŃ

    Magnusson Warsaw represented Vastint Poland in the process of selling the first stage of Business Garden Poznań. The Singaporean fund Cromwell European REIT became the new owner of the property.

    read more
  • MAGNUSSON ADVISED VON ELK COMPANY LTD

    Magnusson advised Von Elk Company, known for Glöet, the most popular sparkling glögg in the Nordic countries, on its cooperation with Altia, a leading Nordic alcoholic beverage brand company operating in the wines and spirits markets in the Nordic and Baltic countries.

    read more
  • Amendments made to the AML Law

    Amendments have been made to the Law on the Prevention of Money Laundering and Terrorism and Proliferation Financing, also known as the AML Law. The amendments are a part of Latvia’s attempts to comply with the legal acts of the European Union and to overcome the country’s weaknesses as stated in the Moneyval 2018 report. Taking into account the recent activities in terrorism and proliferation financing, an effective anti-money laundering system is essential in order to improve the finance sector and the country’s reputation on a global platform.

    read more
more NEWS