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Domański Zakrzewski Palinka advised the Swedish company GBO Fastening Systems AB upon the sale of its Polish subsidiary to the French company Ateliers LR Etanco SAS. Both parties to the transaction are European leaders in construction fastening systems.
DZP coordinated the transaction in Poland and all shares in the increased share capital of the Polish company Gbo Fastening Systems sp. z o.o. were sold.
We prepared a share purchase agreement with complete additional documentation for the client. We also implemented the most effective way to increase the share capital of the company being sold, given the specific features of the transaction.
Ateliers LR Etanco expects that Gbo Fastening Systems’s factory in Orneta will enable it to increase its production capacity and will be a platform for developing sale in Eastern Europe.
Marcin Kuliński and Marianna Trumpus from the Corporate and M&A Practice advised the client on behalf of DZP.
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: email@example.com.
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