The transaction consisted of a preliminary agreement with Alucrom for the acquisition of a 2,000 m2 paintshop facility which was built in 2014 and located next to Fortaco Group's existing factory in Janów Lubelski. The employees of the Alucrom branch will be transferred to Fortaco JL together with the movable and immovable property comprising the facility. The preliminary agreement was signed on 20 December 2021, while the transaction is scheduled to close on 31 March 2022.
DWF's advice to Fortaco Group included full-scope due diligence, transaction structuring, design and negotiation of transaction documentation and support in tax matters. The team involved in the project included:
Dr Rafał Woźniak, Local Partner, Lech Najbauer, Counsel and Patrycja Figuła, Associate from the Corporate and M&A Department, Małgorzata Lesiak-Ćwikowska, Local Partner from the Real Estate Department, Dr Izabela Szczygielska, Local Partner from the Labour and Employment Law Department, as well as Adrian Jonca, Partner and Izabela Plis, Senior Associate from the Tax Law Department and Karol Jaworecki, Associate from the Environment and Projects Department.
Alucrom was advised by the law firm WKB Wierciński, Kwieciński, Baehr sp. j.