PSO Set to Acquire Elsat from Vectra Pending Regulatory Approval

Deal News | Jun 13, 2025 | CEE Legal Matters

PSO has initiated the acquisition of Elsat from the Polish internet and television provider Vectra. The transaction, which is subject to regulatory clearance, involves the transfer of a significant portion of Vectra's wholesale business, broadband infrastructure, and assets to Elsat, representing an important expansion for PSO. White & Case and Rymarz Zdort Maruta are the legal advisors facilitating this transaction. The infrastructure in question serves approximately 2.3 million households primarily through Vectra Group's Multimedia Polska network. Elsat’s acquisition aligns with PSO’s strategic aim to consolidate its position in the telecommunications sector.

Sectors

Telecommunications
Legal Services
Private Equity

Geography

Poland – The transaction involves Polish entities and assets, with Vectra and its subsidiary Elsat operating mainly within Poland.

Industry

Telecommunications – The article involves a transaction that affects the telecommunications infrastructure, specifically a transfer of broadband infrastructure and wholesale business.
Legal Services – Legal advisory services are crucial in this transaction, with firms White & Case and Rymarz Zdort Maruta representing the involved parties.
Private Equity – The article mentions investment companies InfraVia V Invest and the Iliad Group as part of the PSO joint venture.

Financials

Participants

Name	Role	Type	Description
PSO	Buyer	Company	A joint venture between Plug Finco and Iliad Group company P4, established in 2023.
Elsat	Target	Company	A company involved in the transaction, being acquired from Vectra.
Vectra	Vendor	Company	A Polish fixed-line internet and television service provider selling its wholesale business and assets to Elsat.
White & Case	Legal Advisor	Company	A law firm advising on the transaction with a team based in Warsaw.
Rymarz Zdort Maruta	Legal Advisor	Company	A legal firm involved in advising on the transaction.