What's new at DZP?
DZP has advised Global Pharma CM, a Polish company manufacturing dietary supplements and medical devices, and its owner on a transaction involving the acquisition of 50% of the company's shares by Neuca Group, leader on the Polish pharmaceutical wholesale distribution market.
Thanks to the transaction, our client will gain the support of a partner experienced in the pharmaceutical market, which will enable it to speed up its scheduled research work.
Our support covered comprehensive legal assistance with the transaction to both the seller and the company. The client was advised by Piotr Jackowski, Senior Associate in DZP's Capital Markets and Financial Institutions Practice, supported by Filip Lisak and Grzegorz Sprawka from the Tax Practice. The advice was supervised by Andrzej Foltyn, Head of Practice.
Global Pharma CM develops and manufactures its own products, which are sold by its business partners under their brands in over 50 countries worldwide. The company is growing rapidly and is expecting revenue of approx. PLN 28 million in 2021.
In addition to distributing pharmaceuticals, Global Pharma CM conducts research and development work in the development, testing and registration of new medical devices and dietary supplements and offers its customers a comprehensive R&D service. The sale of part of its shares will also allow the company to strengthen its operations on foreign markets.
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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