Advice provided to the VGL Group sp. z o.o. in finalizing acquisition of shares in Solid Logistics sp. z o.o.

The GKW Team advised the VGL Group in finalizing the acquisition of Solid Logistics

On June 28, 2021, the synergy process of the two leading logistics operators VGL Group and Solid Logistics, which had been started in August 2020, was successfully completed.

VGL Group is a leading Polish logistics operator, acting on the market since 2000. It offers a full range of services in the field of sea, air and road forwarding as well as transport and supply chain management.

Solid Logistics is a global logistics operator with its own offices in Poland, Germany, China and Taiwan as well as cooperating offices around the world. Solid Logistics provides international logistics services.

As a result of the transaction, VGL Group became the owner of Solid Logistics, while the owners of Solid Logistics acquired shares in VGL Group. The finalization of the transaction led to the creation of a leading Polish logistics operator acting under the name of VGL Solid Group. The projected turnover of the newly established Group for 2021 will exceed PLN 1 billion.

The legal advisor of the VGL Group was Justyna Fedyszyn, Paulina Banasik and Małgorzata Mieleszko.

The legal advisor of Solid Logistics was Justyna Kyć and dr Andrzej Dmowski from Russell Bedford Dmowski i Wspólnicy Kancelaria Adwokacka Sp. k.

More info:

Finalizacja transakcji nabycia Solid Logistics przez VGL Group – VGL Group (vgl-group.com);

VGL Group i Solid Logistics zamknęły ostatni etap transakcji nabycia udziałów 

28.06.2021, Justyna Fedyszyn

Specialists

Justyna Fedyszyn

partner, attorney-at-law

Justyna Fedyszyn

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