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We have advised Ingka Group companies on a strategic merger of the two main Polish companies, i.e. IKEA Retail sp. z o.o. and IKEA Property Poland sp. z o.o.
Ingka is one of the world's largest companies selling furniture, home furnishings, and home and garden decorations, and has operated for over 70 years. Ingka, which operates the IKEA stores, has 422 stores on more than 50 markets around the world. In 2018, IKEA Retail had retail sales of €38.8 billion.
Our advisory services to the Ingka Group included the comprehensive planning and execution of the merger in legal and tax terms. The restructuring carried out by the client was unconventional, as it included the roll-out of a multi-level structure of companies.
The advice to the client was provided by a team coordinated by Przemysław Furmaga. The team comprised Aleksandra Czarnecka from the Corporate and M&A Practice, Agata Mierzwa, Justyna Tyc-Brzosko and Paulina Janas from the Labour and Social Security Law Practice, Joanna Wierzejska and Tomasz Leszczewski from the Tax Practice, Lech Żyżylewski, Hubert Plater-Zyberk and Marcin Niemyjski from the Real Estate Practice and Daniel Chojnacki from the Environmental Protection Team.
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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