The sale of the shares in Echo Investment by Echo Partners

Rymarz Zdort advised Echo Partners B.V. on the sale of 100% of the shares in Lisala sp. z o.o, a majority shareholder of Echo Investment S.A., to an SPV owned by the Hungarian developer WING. The preliminary agreement for the purchase of the shares in Lisala was signed on 16 October 2019. The closing of the transaction is conditional on receiving clearance from the President of the Office of Competition and Consumer Protection.

The transaction team was led by Jakub Zagrajek and included Monika Kierepa, Jacek Zawadzki, Piotr Fedorowicz, Aleksandra Kabac, Tomasz Bakowski and Leszek Cyganiewicz.

“We are honoured to have been able to work with Echo Partners throughout the entire life of this magnificent investment project, from the initial acquisition in 2015 to the final sale. The transaction confirms the role of Rymarz Zdort as an unquestionable leader on the Polish M&A transaction market, and further evidences the steadily rising position of Rymarz Zdort as transactional counsel in property market transactions”, said Pawel Zdort, managing partner of Rymarz Zdort, who oversaw the work of the transaction team.