Andersen in Poland in collaboration with STSK advises PTWP on strategic acquisition of Gremi Media S.A.
Andersen in Poland has successfully provided legal, tax, and financial advisory services to Polskie Towarzystwo Wspierania Przedsiębiorczości S.A (“PTWP”) in its recent acquisition of a majority stake in Gremi Media S.A, supporting Stalmach Szczeszek law firm (STSK), PTWP’s general legal advisor.
This noteworthy transaction marks a significant milestone following an agreement between PTWP S.A. and Pluralis B.V., a strategic media investor in Gremi Media S.A.,a media company listed on NewConnect which is inter alia renowned for publishing Rzeczpospolita and Parkiet, two of Poland’s leading business journals.
Pursuant to the Investment Agreement, Pluralis B.V. undertook to make a non-cash contribution to PTWP S.A. in the form of 1,017,115 shares in Gremi Media S.A. held by the above-mentioned entity, including 413,254 registered series A shares with voting privileges and 603,861 ordinary bearer shares traded on the NewConnect alternative trading system.
The PTWP Group operates across three key segments: publishing specialized portals—including wnp.pl, rynekzdrowia.pl, portalspozywczy.pl, dlahandlu.pl, and portalsamorzadowy.pl—organizing conferences and business events, such as the prestigious European Economic Congress, and managing landmark facilities e.g. Spodek Hall in Katowice.
Pluralis B.V., the selling party in this acquisition, is a Dutch limited liability company based in Amsterdam. Its diverse shareholders and partners include esteemed entities such as the King Baudouin Foundation, Oak Foundation, Erste Foundation, Mediahuis, Tinius Trust (owner of Schibsted Media), NWT Group, Media Development Investment Fund, and Soros Economic Development Fund.
“We are honored to have advised PTWP on this significant acquisition,” said Marcin Matyka, Managing Partner of Andersen in Poland. “Our partnership reflects the trust that PTWP has in our capabilities to navigate complex transactions. We look forward to witnessing the positive impact this acquisition will have on the media landscape in Poland.”
Andersen in Poland extends its gratitude to PTWP (Wojciech Kuśpik and Sylwia Kraus) for their confidence and collaboration throughout this process, reinforcing its commitment to delivering exceptional advisory services tailored to clients’ needs.
This transaction further exemplifies Andersen’s capability and expertise as a trusted legal, tax, and financial advisor within the M&A market in Poland.
Andersen in Poland due diligence team included:
Legal: Marcin Matyka, Mikołaj Śniatała, Bartłomiej Wietrzychowski, Magdalena Kuczyńska, Katarzyna Dulnik, Weronika Bartkowiak-Trościanko, Anna Baszczyńska-Klupś, Karolina Gałązka,
Financial: Piotr Sokołowski
Tax: Konrad Kleszczewski, Mateusz Nurzyński, Maja Leśniewska, Mateusz Jabkiewicz, Marta Kucińska.
The following persons also provided transactional advisory: Tadeusz Komosa, Mikołaj Śniatała and Bartłomiej Wietrzychowski.