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PKO Bank Polski S.A. Varsovia Facilitates Maspex Group's Acquisition of Purcari Wineries
PKO Bank Polski S.A. Varsovia, the Romanian branch of PKO BP, has played a crucial role in facilitating the acquisition of Purcari Wineries by Maspex Group. The Polish bank provided a loan to Maspex Romania S.R.L., the local subsidiary of Maspex, to partially finance the transaction.
The acquisition, which was structured under Polish law but complies with Romanian financial regulations, marks a significant step in Maspex Group's long-term strategy to consolidate and expand its presence in the premium beverage segment. Purcari Wineries, a leading premium wine producer in Central and Eastern Europe, is listed on the Bucharest Stock Exchange.
Purcari Wineries manages significant vineyard holdings, with over 2000 hectares under cultivation, and operates six wineries across Moldova, Romania, and Bulgaria. This strategic acquisition will undoubtedly bolster Maspex's premium wine portfolio.
The acquisition was facilitated by a global law firm, which had a team based in Warsaw, led by counsel Jacek Smardzewski. The team also included associate Michał Rutkowski and lawyer Natalia Rybak. Grzegorz Dyczkowski, the head of the Warsaw office and the firm's Warsaw banking and finance practice, supervised the team.
The deal required seamless coordination to ensure compliance with both Polish and Romanian legal frameworks. PKO Bank Polski S.A. Varsovia demonstrated expertise in delivering complex cross-border financing solutions, as evidenced by this transaction.
Maspex has been present in Romania for nearly 30 years and has strengthened its position through organic growth and strategic acquisitions. The acquisition of Purcari Wineries is a testament to Maspex's commitment to expanding its footprint in the alcoholic beverages sector.
In conclusion, PKO Bank Polski S.A. Varsovia's cross-border loan financing under Polish law has enabled Maspex Romania to acquire a controlling interest in Purcari Wineries through a coordinated, regulatory-compliant transaction. This acquisition is a significant milestone in Maspex Group's journey towards consolidating and expanding its presence in the premium beverage market.
The Polish bank, PKO Bank Polski S.A. Varsovia, utilized its expertise in cross-border financing solutions to provide a loan under Polish law that partially financed Maspex Group's acquisition of Purcari Wineries, a leading premium wine producer. This strategic business move is seen as a key step in Maspex Group's long-term strategy to strengthen its position in the premium beverage segment, which includes the alcoholic beverages sector.
