Schoenherr has advised CEE private equity fund Avallon MBO on the sale of beverage producer Wosana to Japan's DyDo Group Holdings. Squire Patton Boggs reportedly advised the buyer.
According to Schoenherr, the transaction is valued at approximately EUR 45 million. "With this transaction, the DyDo Group is set to acquire 100% of the shares in Wosana, thus strengthening its market presence in the Polish beverage industry."
Avallon MBO is a private equity fund based in Lodz, Poland, specializing in management buy-outs. After the exit from Wosana, the Avallon MBO fund's portfolio now includes ten other companies.
DyDo Group Holdings is a Japanese company principally engaged in the manufacture and sale of beverages.
The Schoenherr team included Partner Krzysztof Pawlak, Senior Attorney at Law Krzysztof Lesniak, and Associate Klaudia Szatan.
Editor's Note: After this article was published, Squire Patton Boggs confirmed it had advised DyDo Group Holdings on the acquisition of Wosana. The firm's team included Warsaw-based Partner Marcin Wnukowski and Associate Patrycja Pacholczak and Tokyo-based Partner Stephen Chelberg.
