News
11 March 2021

SSW Pragmatic Solutions advised LERG on the acquisition of CIECH Żywice


LERG S.A. is a leading Polish resin manufacturer. Aside from producing and exporting resins, the company also owns its own R&D facilities and cooperates with multiple research centres. The company is growing rapidly and, in the last few years, has established a strong, diversified chemical group with a global presence.

CIECH Żywice is another leading Polish resin manufacturer, with almost a thousand products in its portfolio. The company has a significant presence in foreign markets, with approximately 50% of its sales coming from exports. It also owns a R&D centre. CIECH Żywice was separated from CIECH Sarzyna at the beginning of 2020, as part of the CIECH Group’s strategy to simplify the group structure and focus on growing its main business. 

The value of the transaction, based on the purchase price of shares, is approximately PLN 160 million (EUR 36 million). 

Congratulations to both parties of the transaction and special thanks to our client, Pekao Investment Banking Team (Wojciech Perek, Radoslaw Sienicki, Mateusz Wilczyński), and Tomasz Bil for great teamwork! We would also like to express our thanks to CIECH Group team and their advisors (Sołtysiński Kawecki & Szlęzak and Rothschild & Co) for their cooperation.

The project required a multidisciplinary approach – the SSW M&A team was led by Paweł Chyb, the tax team was led by Tomasz Wickel, the environmental law team was led by Anita Palukiewicz, while the real estate team was led by Maciej Duch.

The project team also included other key members: Leszek Cyganiewicz, Katarzyna Matyszewska (both from the M&A practice) and Robert Wodzyński (Real Estate practice).

    Administratorem Twoich danych osobowych jest SSW Pragmatic Solutions Spaczyński, Szczepaniak, Okoń sp.k. z siedzibą przy ulicy Rondo ONZ 1, P. 12, 00-124 Warszawa. Twoje dane osobowe są przetwarzane w celu realizacji procesu rekrutacyjnego z Twoim udziałem. Szczegółowe informacje na temat tego, w jaki sposób przetwarzamy Twoje dane osobowe, w tym na temat przysługujących Ci praw wobec Twoich danych osobowych, znajdziesz w polityce prywatności znajdującej się pod tym linkiem Polityka prywatności.

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    Paweł Chyb, Ph.D.

    Paweł Chyb, Ph.D.

    Partner

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    Tomasz Wickel

    Tomasz Wickel

    Partner

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    Anita Palukiewicz

    Anita Palukiewicz

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    Maciej Duch

    Maciej Duch

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    Leszek Cyganiewicz

    Leszek Cyganiewicz

    Senior Associate

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    Robert Wodzyński

    Robert Wodzyński

    Counsel

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    Katarzyna Matyszewska

    Katarzyna Matyszewska

    Associate

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