With the support of the DZP Law Firm, eZebra.pl, a leading independent Polish online cosmetics retailer has completed the sale of a majority stake to Dino Polska S.A., one of the fastest growing food retail chains in Poland.
As a result of the PLN 63 million transaction, Dino Polska acquired 72.22% of the shares, and after a share capital increase the company will increase its stake to 75%. The transaction will enable further development of eZebra.pl's cosmetics and household products business and potential cooperation between the two partners in the e-commerce area. The finalisation of the process was possible due to the fulfilment of the requirements of the preliminary sale agreement, including obtaining clearance from the President of the Competition and Consumer Protection Office.
Our Law Firm advised the client throughout the acquisition process (we reported on the transaction in October last year link), providing comprehensive legal assistance – preparing, negotiating and signing the transaction documentation.
The client was advised by a multidisciplinary team coordinated by Damian Szczygielski, Partner, supported by Joanna Fasula, Senior Associate, Michał Klimowicz, Associate, and Bartosz Saladik, Associate, from the Corporate and M&A Practice. Joanna Wierzejska, Joanna Kociołek-Ziemba, Paweł Paradowski, Maciej Orkusz and Rafał Karbowniczek also advised on the transaction.