What's new at DZP?
At the end of November, the South African company Bounty Brands, which is part of the Coast2Coast group, carried out its first acquisition outside its home market by buying shares in Sonko sp. z o.o., the leading rice, cereal and bakery goods producer in Poland. Our law firm provided Coast2Coast (fund managing three Bounty Brands group companies: Bounty Wear, Bounty Foods and Bounty Home&Care) with a broad range of advice.
We advised the client from transaction structure planning through the due diligence and preparation of draft transaction documentation (share sale, establishing security and financing) to the successful negotiations.
The client was advised by lawyers from DZP’s Corporate and M&A Practice: Piotr Andrzejczak, Bartosz Marcinkowski, Przemysław Furmaga, Adam Pawlisz and Maciej Wasilewski, from our Tax Practice: Joanna Wierzejska and Grzegorz Sprawka, and from our Capital Markets and Financial Institutions Practice: Tomasz Kalicki.
Bounty Brands is a dynamically developing company with diverse operations in the consumer goods sector. The company invests in premium brands on both local and international markets.
Sonko holds a dominant position in its product categories in Poland and is the leader on the rice, rice cakes and light bread market. It is also becoming a more recognisable brand in the healthy snacks and gluten-free category.
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.
The administrator of the personal data is Domański Zakrzewski Palinka Sp.k. (“DZP”; address: Rondo ONZ 1, 00-124 Warszawa). Data are processed for contact purposes and to impart information on changes to provisions and authority practices and on other issues, including events concerning day-to-day legal, economic and cultural issues, inter alia, by sending DZP newsletters. The above is carried out on the basis of legitimate interests, i.e. in accordance with art. 6(1)(f) of the GDPR. Data can also be processed where necessary for the conclusion or performance of a contract and for compliance with a legal obligation to which DZP is subject, i.e. pursuant to art. 6(1)(b) and (c) of the GDPR. Data can be transferred to entities with whose help DZP achieves the indicated aims, including entities maintaining IT infrastructure. Giving data is voluntary and in contractual relations is a requirement for concluding and performing a contract. It is possible to object to data processing, request access to, rectification and erasure of personal data or restriction of processing and data portability. Data are kept until an objection is made, and in contractual relations – throughout the term of the contract and thereafter for a period specified in provisions on archiving and limitations period for claims. Anyone has the right to file a complaint with the President of the Personal Data Protection Office. Questions concerning privacy at DZP can be sent to DZP’s Data Protection Inspector, Macieja Maciejewskiego, at: firstname.lastname@example.org.
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