Punkta Sells Retail Business to CUK Ubezpieczenia
Deal News | Mar 27, 2025 | CEE Legal Matters
Clifford Chance has successfully provided legal advice for the sale of Punkta Group's retail business to CUK Ubezpieczenia, a prominent Polish insurance multi-agency. The transaction involves the divestiture of multiple entities: Warsaw-based Punkta, Arrant, and Punkta Innovation Lab OU based in Tallinn, Estonia. SSW Pragmatic Solutions is reported to have advised the acquiring company, CUK Ubezpieczenia. The Clifford Chance team involved in this transaction included Partner Wojciech Polz, Counsels Karol Kulhawik and Kacper Bardan, and Senior Associates Aleksandra Wlaszczuk and Marta Michalek-Gervais, alongside Associates Martyna Sieczka and Marta Swiderska.
Sectors
- Legal Services
- Insurance
Geography
- Poland – Poland is relevant as CUK Ubezpieczenia, the acquiring company, is a Polish insurance multi-agency.
- Estonia – Estonia is relevant as the Punkta Innovation Lab OU, one of the entities being sold, is headquartered in Tallinn, Estonia.
Industry
- Legal Services – Legal services industry is involved because Clifford Chance and SSW Pragmatic Solutions are legal advisors in this transaction.
- Insurance – The insurance industry is relevant as CUK Ubezpieczenia is a Polish insurance multi-agency involved in buying Punkta Group's retail business.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Clifford Chance | Legal Advisor | Company | Clifford Chance is a leading law firm that advised on the sale of Punkta Group's retail business. |
| CUK Ubezpieczenia | Buyer | Company | CUK Ubezpieczenia is a Polish insurance multi-agency that acquired Punkta Group's retail business. |
| Punkta Group | Selling Company | Company | Punkta Group is the entity selling its retail business. |
| SSW Pragmatic Solutions | Legal Advisor | Company | SSW Pragmatic Solutions reportedly advised CUK Ubezpieczenia in the transaction. |