Mutares Advances into Polish Market with Natura Acquisition
Deal News | Nov 14, 2024 | CEE Legal Matters

Rymarz Zdort Maruta has successfully advised Mutares on their acquisition of Natura, a leading Polish cosmetics store chain, from Pelion. The transaction, currently pending regulatory approval, represents a strategic move for Mutares, a Munich-based listed private equity firm, to increase its footprint in the retail and food sector within Poland. Natura aims to leverage this acquisition to adapt its offerings and strengthen its competitive position in the Polish cosmetics market. The advisory firm CMS provided legal counsel for Pelion in the deal, showcasing the strategic legal partnerships from both sides. The successful team from Rymarz Zdort Maruta was led by partners Jakub Zagrajek and Jacek Zawadzki, with associate Szymon Rutecki, while the CMS advisory included partner Ryszard Manteuffel, along with counsels and associates contributing to the legal process.
Sectors
- Private Equity
- Retail
- Cosmetics
- Legal Services
Geography
- Poland – Poland is the primary market where Natura operates and where the acquisition impacts.
- Germany – Mutares is headquartered in Munich, Germany.
Industry
- Private Equity – Mutares is a private equity holding company involved in acquiring Natura.
- Retail – Natura operates in the retail sector as a cosmetics store chain in Poland.
- Cosmetics – Natura is a prominent player in the cosmetics market in Poland.
- Legal Services – Rymarz Zdort Maruta and CMS provided legal advisory services for the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Mutares | Bidding Company | Company | A listed private equity holding company based in Munich, acquiring Natura. |
| Natura | Target Company | Company | A cosmetics store chain operating in the Polish market. |
| Pelion | Selling Company | Company | The previous owner of Natura, selling it to Mutares. |
| Rymarz Zdort Maruta | Legal Advisor for Mutares | Company | Law firm advising Mutares on the acquisition. |
| CMS | Legal Advisor for Pelion | Company | Law firm advising Pelion on the sale of Natura. |