Andersen in Poland acting as legal and tax adviser to Unimot Group in the initiated acquisition of fuel storage business and bitumen business as part of the process of acquisition of Lotos Group by PKN ORLEN
Andersen in Poland is providing legal and tax advice to Unimot (including on the documentation of the transaction with LOTOS Group and PKN ORLEN) on the initiated divestment of two businesses of LOTOS Group and PKN ORLEN, while Greenberg Traurig Poland is advising Unimot on antitrust law issues, including merger clearance proceedings, and the financing documentation with mBank, PKO Bank Polski and Bank Pekao. The purpose of the transaction – carried out as part of the remedies imposed by the European Commission in relation to PKN Orlen’s intention to take control over LOTOS Group – will be that Unimot Group enter the business of an Independent Logistics Operator based on its own fuel storage infrastructure (the so-called ‘ILO’ business) and the business for production of modified bitumen together with the further development of trade in bitumen products (the so-called ‘Bitumen’ business). The area of regulatory and excise advice was the responsibility of KDCP Kancelaria Doradztwa Celnego i Podatkowego Rutkowski i Wspólnicy.
