What's new at DZP?
On 15 July 2019, we successfully finalised a transaction to sell 60% of shares held by the owner of Piano Group sp. z o.o. in Warsaw to AMS S.A., a company belonging to Grupa Agora S.A., and the investor’s accession to the company.
We advised the company and its owners on preparing and negotiating the transaction documentation (share purchase agreement and shareholders’ agreement laying down the rules for the cooperation between the sellers and AMS S.A. after the transaction), negotiating a managerial contract and finalising the sale.
Piano Group sp. z o.o. is a 100% shareholder in Benefit Multimedia spółka z ograniczoną odpowiedzialnością SKA and the sole shareholder in Benefit Multimedia sp. z o.o., which is the only general partner in Benefit Multimedia spółka z ograniczoną odpowiedzialnością SKA.
Benefit Multimedia spółka z ograniczoną odpowiedzialnością SKA provides services on the DOOH (digital out of home) market involving the advertising of internal content broadcasting and sale of advertising content, screen installation, and use of video/TV infrastructure to broadcast video content. Benefit Multimedia spółka z ograniczoną odpowiedzialnością SKA cooperates with over 190 fitness clubs in Poland in which the company’s infrastructure is installed.
The project was conducted by DZP lawyers Robert Niczyporuk, Partner, and Klaudia Bartoszyńska-Kwiatkowska, Associate, with the support of Jakub Wieszczeczyński, Senior Associate in the Corporate and M&A Practice, and Łukasz Górzny, Senior Associate in the Labour and Social Security Law Practice.
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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