Lisner Advances in Acquisition with Competition Clearance

Deal News | Dec 10, 2024 | CEE Legal Matters

Lisner Advances in Acquisition with Competition Clearance

Lisner Holding, a prominent player in the Polish market for herring products, salads, and sandwich spreads, has taken a significant step in its acquisition of Greenwich Investments, the controlling entity of the Graal Group. With the legal guidance of WKB Lawyers, Lisner successfully obtained the necessary competition clearance, a crucial hurdle in the acquisition process. The Graal Group is a notable producer of canned fish in Poland, and their integration into Lisner's operations signifies a key expansion move for Lisner, which is part of the broader European food conglomerate, UTM. The legal team from WKB included Managing Partner Aleksander Stawicki, several partners, attorneys at law, and associates, illustrating the comprehensive legal effort behind this significant transaction. This acquisition follows the previous involvement of Abris Capital Partners, from whom Graal was acquired, further highlighting the intricate corporate maneuvers in this transaction.

Sectors

  • Food and Beverage
  • Legal Services
  • Private Equity

Geography

  • Poland – The primary geography of the article focuses on the operations and acquisition impact within Poland.

Industry

  • Food and Beverage – This industry is relevant as Lisner Holding operates in the food sector, producing herring products, salads, and sandwich spreads.
  • Legal Services – This classification is relevant due to the involvement of WKB Lawyers in providing competition clearance advice for the acquisition.
  • Private Equity – This is relevant due to the previous involvement of Abris Capital Partners in the ownership of the Graal Group.

Financials

    Participants

    NameRoleTypeDescription
    Lisner HoldingBidding Company/BuyerCompanyLeader in the Polish market in herring products, salads, and sandwich spreads.
    Greenwich InvestmentsTarget CompanyCompanyControls the Graal Group, a producer of canned fish in Poland.
    Graal GroupTarget SubsidiaryCompanyProducer of canned fish in Poland.
    WKB LawyersLegal AdvisorCompanyProvided competition clearance advice for the acquisition.
    Abris Capital PartnersSelling Company/VendorCompanyPrevious owner of Graal.