WARSAW – March 2, 2018 – Greenberg Traurig is representing Abris Capital Partners, a leading CEE private equity fund, in the acquisition of Velvet CARE sp. z o.o., one of the largest manufacturers of hygiene products in Poland.
As a result of the transaction, VLET Holdings s. à r. l., an Abris Capital Partners entity, signed an agreement with Avallon MBO II B.V. regarding the acquisition of a majority stake in Velvet CARE Sp. z o. o. The closing of the transaction will be subject to, inter alia, obtaining certain standard regulatory approvals.
Greenberg Traurig lawyers advised on all aspects of the transaction.
Abris Capital Partners is an independent private equity fund manager. Abris Capital Partners manages the capital commitments of many prestigious, international institutional investors including university endowment funds, pension funds, insurance companies and private asset managers. Abris Capital Partners manages a portfolio of nearly EUR 1.3 billion.
Velvet CARE is a Polish company and one of the leading manufacturers of cellulose hygiene products in Poland. Velvet CARE products manufactured in Klucze are being sold in 15 countries.
Greenberg Traurig LLP
Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2000 attorneys serving clients from 38 offices in the United States, Latin America, Europe, Asia, and the Middle East.
Greenberg Traurig Grzesiak sp.k. was named the 2017 Law Firm of the Year in Poland and the 2016 Law Firm of the Year in Poland - Client Service Award by Chambers and Partners. The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of 100 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Real Estate, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Dispute Resolution and TMT.
For additional information, please visit www.gtlaw.com.