WARSAW – Dec. 16, 2015 – Greenberg Traurig advised Innova Capital, a private equity fund, on the acquisition of a majority stake in PEKAES S.A. from Kulczyk Investments S.A. and Kulczyk Holding S.A.
After the completion of the transaction, entities controlled by Innova Capital acquired control of companies that together hold more than 63 percent of shares in PEKAES and the same number of votes at the general meeting of the company.
Greenberg Traurig provided Innova Capital with comprehensive legal advice with respect to all aspects of the transaction.
“The opportunity to represent Innova Capital in another prestigious transaction on the market is a reflection of the leading position of our Private Equity Practice in Poland,” said Jarosław Grzesiak, managing partner of the Warsaw office of Greenberg Traurig.
They were supported by Associate Agata Wiśniewska as well as Associate Magdalena Bachleda-Księdzularz, who was responsible for financing matters related to the transaction.
Innova Capital is a leading private equity fund in Central Europe. Founded in 1994, Innova was the first major CEE fund consisting of entirely private capital. Innova has since invested almost EUR 600 million in over 40 companies across 10 countries in the region.
PEKAES is one of the largest and oldest logistics operators in Poland and has been listed on the Warsaw Stock Exchange since 2004.