Creditas Group Buys Duon from Infracapital with Legal Backing from BPV Braun Partners
Deal News | Jan 15, 2025 | CEE Legal Matters
Creditas Group has successfully acquired Duon, a private gas distributor in Poland, from Infracapital, with legal advice provided by BPV Braun Partners, DZP, and Dentons. The acquisition, financed by Komercni Banka with advisory support from White & Case, sees Creditas Group bolstering its energy infrastructure portfolio. Duon, possessing extensive gas pipelines and regasification stations, serves a substantial customer base across Poland. The transaction involved coordination among several law firms, including Watson Farley & Williams, revealing a layered, multi-national legal effort.
Sectors
- Energy
- Legal Services
- Investment Management
Geography
- Poland – Duon operates in Poland, indicating a major geographical focus for the acquisition.
- United Kingdom – Infracapital is an investment firm based in the UK, highlighting a cross-border transaction.
- Czech Republic – BPV Braun Partners is a Czech-based law firm, indicating their involvement in advising on cross-border European transactions.
Industry
- Energy – Duon is a distributor in the energy sector, specifically dealing with natural gas distribution infrastructure.
- Legal Services – The transaction involves multiple legal firms providing advice and support, indicating the critical role of legal services in M&A transactions.
- Investment Management – Infracapital, as part of M&G, represents the infrastructure equity investment aspect crucial for infrastructure-related M&A deals.
Financials
- Not specified – The financial terms of the acquisition were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Creditas Group | Bidding Company | Company | The acquirer of Duon, expanding its energy sector footprint. |
| Duon | Target Company | Company | A private gas distributor in Poland being acquired by Creditas Group. |
| Infracapital | Selling Company | Company | The infrastructure equity fund of M&G, selling Duon to Creditas Group. |
| BPV Braun Partners | Legal Advisor | Company | Provided legal advice to Creditas Group for the acquisition. |
| Dentons | Legal Advisor | Company | Advised Duon on the acquisition. |
| Domanski Zakrzewski Palinka (DZP) | Legal Advisor | Company | Provided legal support to Creditas Group alongside BPV Braun Partners. |
| White & Case | Legal Advisor | Company | Advised Komercni Banka on financing the acquisition. |
| Komercni Banka | Financier | Company | Provided the financing for Creditas Group's acquisition of Duon. |