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Domański Zakrzewski Palinka advised Mr Maciej Sadowski, founder and owner of Magodent sp. z o.o. upon the sale of eighty percent of shares to LUX MED Group.
Magodent has been operating on the market since 1996, and in Warsaw since 2008. It runs two hospitals specialising in treatment of patients with cancer as well as a cancer treatment clinic, admitting ca. 60 thousand patients a year. In 2015, Magodent concluded a contract with the National Health Fund for the highest amount among private entities.
The purchase of the eighty percent of shares in Magodent will enable LUX MED Group to provide health care to patients suffering from cancer at every stage, from basic health care, to diagnostics, to oncological treatment, to follow-up care after cancer treatment. This transaction is one of the most important events on the Polish medical market and the largest acquisition on the Polish healthcare market in 2015.
Our experts provided comprehensive assistance on the share sale transaction, including especially drafting and negotiating the transaction documentation. These were mainly lawyers from the Corporate and M&A Practice, with Robert Niczyporuk and Przemysław Furmaga coordinating the project and Adam Pawlisz and Andrzej Dunikowski being involved in day-to-day work. Other lawyers advising on the transaction included Anna Okła-Woźniak (Real Estate Practice), Agata Mierzwa (Labour Law Practice), Tomasz Kaczyński (Life Sciences Practice) and Tomasz Kalicki (Capital Markets and Financial Institutions Practice).
Upper Finance Med Consulting was the exclusive financial advisor to the seller.
From 25 May 2018 the General Data Protection Regulation (GDPR) applies in Poland and other European Union countries. We would therefore like to give you several details on the subject of how DZP processes personal data.
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