29
Fri, Mar
45 New Articles

CMS and Crido Legal Advise on Sale of Allcom to Hili Ventures

CMS and Crido Legal Advise on Sale of Allcom to Hili Ventures

Poland
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

CMS has advised the owners of Allcom sp. z o.o., a family-owned Polish freight forwarding company, on joining Hili Company’s logistics family. Crido Legal advised Hili Company on the deal.

According to Crido Legal, "Hili Company is the logistics division of the Maltese-owned multi-disciplinary group Hili Ventures, which is engaged in multi-sited activities in partnership with McDonald's and Apple, logistics, engineering, technology, and property. Through six distinct divisions, Hili Ventures is present in nine countries spanning from the Mediterranean to Central and Eastern Europe. The group, which is privately held, has a staff complement of almost 8,000 people." The firm describes Allcom, active since 1995 and currently employing over 50 people, as "a growing freight forwarding company and customs agency providing comprehensive logistics solutions all over the world from offices in Gdynia and Gdansk."

According to CMS, Hili Company’s acquisition of Allcom will allow Hili "to increase its competitive advantage due to Allcom’s continuous and long-term presence in Poland and its wide international contacts." In addition, the firm reports, "as part of Hili Company, Allcom will gain access to major transport hubs across Europe." Pawel Skriabin, Allcom's current Managing Director, will continue to lead the company.

The CMS Warsaw team was led by Counsel Joanna Blaszczyk and Senior Associate Izabela Gebal. The project was supervised by Partner Michal Pawlowski.

"By joining Hili Company, Allcom sp. z o.o benefits from support for long-term development and business expansion, access to additional markets, expertise and know-how," commented Izabela Gebal. "Today, a lot of Polish family businesses established shortly after the 1989 economic transformation are approaching the generational change. A decision to hand over the business is usually very complex and multi-threaded, and therefore requires excellent preparation."

"This latest acquisition in Poland will strengthen our position in the CEE region," said Richard Abdilla Castillo, Managing Director (Transactions and Major Projects) at Hili Ventures. "Crido Legal provided us with significant expertise and support on this acquisition and we are grateful for their strong commitment to this project."

The Crido Legal team was led by Partner Jakub Ziołek, who commented that, "we have relished the opportunity to contribute to Hili Company’s development in the CEE region." Ziolek was supported by Senior Associate Mateusz Baran, Associates Filip Badziak and Piotr Plesinski, and Associate Szymon Syp.

Our Latest Issue