Rymarz Zdort Maruta advised XXXLutz on sale of shares in Black Red White

We are pleased to announce that we have advised XXXLutz, one of the world’s largest furniture retailers on the sale of all of the shares in the Polish furniture group Black Red White (“BRW”) to Polish capital entities.

Black Red White S.A., based in Biłgoraj, is one of the largest Polish manufacturers of furniture and interior design products. The sales network of BRW currently includes several hundred furniture stores in Poland and abroad, and the brand is recognisable throughout Europe.

The Austrian XXXLutz Group is one of the largest furniture retailers in the world, present in over 20 European countries. The chain has several thousand stores operating under various brands, including XXXLutz, Möbelix, and Poco. The group is consistently strengthening its position on the European market by acquiring local chains and manufacturers.

The transaction team was led by Magdalena Pyzik-Waląg (managing partner). The transaction team included: Dr Paweł Mazur (counsel), Anna Wesołowska (senior associate), Joanna Ksepko (associate), Hanna Szczepańska-Rowicka (associate), and Sebastian Stępiński (associate).