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In late November 2023, CEE Legal Matters reported that Schoenherr was expanding its Warsaw office with the addition of a team of 23 lawyers, including seven Partners, from SSW Pragmatic Solutions. Schoenherr's Managing Partner Alexander Popp and the firm's Poland Office Managing Partner Pawel Halwa walked us through the move, its rationale, and their next steps.

Former SSW Pragmatic Solutions Partner Grzegorz Filipowicz has joined Schoenherr’s Warsaw Office and energy practice as a Local Partner in Poland. The move echoed – but remained separate from – the recent Schoenherr addition of 23 SSW lawyers (as reported by CEE Legal Matters on November 30, 2023).

CK Legal Chabasiewicz Kowalska has advised Kruk on its first EUR-denominated bond offering addressed to retail investors and, following high demand, on an additional issuance as well, for total proceeds of EUR 10 million.

Gide has advised Internet Ventures FIZ on its sale of a stake in Focus Telecom to MCI.Euroventures in a transaction that saw the MCI fund acquire 80% of Focus Telecom for a total of PLN 80.1 million. Porebski and Partners reportedly advised the Focus Telecom founders. Dubinski Jelenski Masiarz and Partners reportedly advised MCI.

Poland’s legal landscape is characterized by the increased mobility of lawyers and legal teams, while its markets are feeling optimistic following the results of the recent elections, according to Schoenherr Poland Managing Partner Pawel Halwa, and everyone is waiting for the new government’s investment and legislative priorities to come into focus.

Greenberg Traurig has advised Abris Capital Partners on the sale of paper hygiene product manufacturer Velvet Care to the Partners Group. Gessel advised the Velvet Care management. Clifford Chance, working with Latham & Watkins, advised the Partners Group.

Rymarz Zdort Maruta has advised multi-functional industrial and logistics facility developer CL Property on the lease agreement and related documents for its Citylink-branded Technological Research and Development Center to be located in Wroclaw.

Is the M&A market facing a further slowdown due to the macroeconomic situation? Or, following the recent parliamentary elections in Poland, will the market quickly rebound after a brief pause and continue to experience the best economic period in modern history? Can we expect more records to be broken? The truth may lie somewhere in the middle, as there is no shortage of challenges lying in wait for the economy.

With CMS’s recently published European M&A Outlook report taking the temperature of the M&A activity across the continent, CMS Romania Managing Partner Horea Popescu and CMS Vienna Partner Alexander Rakosi share their insights on M&A trends in the CEE region.