White & Case has advised the Wirtualna Polska group on the acquisition of the Invia Group from European Bridge Travel for more than PLN 1 billion (EUR 239.7 million) with existing shareholders Rockaway Group and CITIC Europe Holdings acting as guarantors of European Bridge Travel’s obligations resulting from the sale. Clifford Chance advised European Bridge Travel and its shareholders.
The transaction remains contingent on regulatory approval.
The Invia Group operates package holiday booking platforms in Germany, Austria, Switzerland, the Czech Republic, Slovakia, and Hungary. In Poland, the Invia Group operates as Travelplanet.pl.
The White & Case team included Warsaw-based Partner Rafal Kaminski, Local Partner Jakub Gubanski, Associates Damian Lubocki, Karolina Kalucka, Iwo Malobecki, and Dominika Czarniak, Prague-based Local Partners Jana Chwaszcz and Karel Petrzela, Counsel Vladimir Ivanco, and Associates Kamila Dankova, Barbora Smekalova, and Barbora Vaculova, as well as further team members in Berlin, Beijing, Frankfurt, Hamburg, and Shanghai.
The Clifford Chance team included Partner Alex Cook, Counsels Michal Jasek and Iwona Terlecka, Senior Associate Tomas Prochazka, and Associates Matej Pavlik, Natalie Kurkova, and Marcin Waszynski.
