We are pleased to announce that we advised Pepco Group N.V., the owner of a European discount variety retail chain, on the sale of the Dealz Poland sp. z o.o. store chain.
Completion of the transaction is subject to antitrust clearance.
The decision to dispose of Dealz Poland forms part of Pepco Group’s strategy to simplify its portfolio and focus on developing the Pepco brand – the segment that generates the majority of the Group’s profits.
Dealz Poland is a value retailer operating 343 stores across Poland, offering a broad range of international branded FMCG and general merchandise products in store formats of 300 to 500 square metres.
Pepco Group operates a discount variety retail chain comprising 4,359 stores across 18 European countries, serving more than 41 million shoppers per month in attractive markets for discounted products, including Central and Eastern Europe, Spain and Italy.
The transaction team comprised: Paweł Zdort (managing partner), Małgorzata Deruś (counsel), Filip Golędzinowski (associate), Magdalena Mentrak (associate) and Przemysław Nycz (associate). Jakub Rachwol (partner) and Przemysław Piasecki (senior associate) advised on the negotiation of the financing documentation provided by Pepco Group to Dealz Poland.