Gide Warsaw has advised the shareholders of Private Label Tissue and Italian Paper on the sale of their shares to Velvet Care.
Private Label Tissue, based in Rawa, specializes in manufacturing hygiene and sanitary paper products, while Warsaw-headquartered Italian Paper distributes such products to a range of large retail chains in Poland, including Auchan, Carrefour, Selgros, Eurocash, and Lidl.
Velvet Care, headquartered in Klucze, is a cellulose-based hygiene product producer and part of the Partners Group.
The Gide Warsaw team included Partner Pawel Grzeskowiak, Counsel Wojciech Czyzewski, and Associates Magdalena Zawislak and Dominik Figura.
Gide did not respond to our inquiry on the matter.