Euricom Advances with Sonko Acquisition from OSHEE Polska
Deal News | Dec 10, 2024 | CEE Legal Matters
Euricom, a company aiming to enhance its snack portfolio, has acquired Sonko from OSHEE Polska. Legal advisory for Euricom was provided by SK&S, with the team led by Senior Partner Robert Gawalkiewicz. OSHEE Polska received legal advisory from BCGL, including Jacek Balicki and Senior Associates Monika Druzkowska and Justyna Szuprowska. Euricom intends to invest in Sonko's infrastructure, brand identity, and to expand production capabilities, primarily in Italy. The acquisition signals a strategic move by Euricom to consolidate its position and enhance its product offerings in the snack food industry.
Sectors
- Food and Beverage
- Legal Services
Geography
- Poland – OSHEE Polska, the selling company, and the transaction are rooted in Poland.
- Italy – Euricom intends to expand production capabilities in Italy, indicating its operational presence there.
Industry
- Food and Beverage – The acquisition involves companies that operate in the snack and food distribution industry, focusing on enhancing product portfolios and production capabilities.
- Legal Services – SK&S and BCGL provided legal support for the acquisition, highlighting the necessity of legal professionals in M&A transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Euricom | Buyer | Company | Euricom is the acquiring company aiming to expand its snack portfolio with the acquisition of Sonko. |
| Sonko | Target | Company | Sonko is the company acquired by Euricom, previously owned by OSHEE Polska. |
| OSHEE Polska | Seller | Company | OSHEE Polska is the company selling Sonko to Euricom. |
| SK&S | Legal Advisor to Buyer | Company | SK&S is the law firm that advised Euricom during the acquisition process. |
| BCGL | Legal Advisor to Seller | Company | BCGL is the law firm that advised OSHEE Polska during the sale of Sonko. |