act legal Poland consulted by TIM S.A. on the sale of 100% equity stake in Rotopino.pl
November 26, 2020 saw the execution of the conditional agreement for the sale of stocks in Rotopino.pl between TIM S.A. and Oponeo.pl S.A.
TIM S.A. intends to sell its 100% equity stake in Rotopino.pl for PLN 35 million. In order for the final agreement to be executed and for Oponeo.pl S.A. to acquire the stake, it is necessary to obtain an unconditional and final approval of the President of the Office of Competition and Consumer Protection for the intended concentration.
The law firm provided the seller with a comprehensive range of legal advisory services.
The transaction was handled by Mateusz Prokopiuk, Partner at act legal Poland. Anna Sawaryn, Senior Associate, consulted on issues related to the procedure held before the Office of Competition and Consumer Protection.
The project team was supervised by Michał Wielhorski, Managing Partner.
Rotopino.pl S.A., with its registered office in Bydgoszcz, operates domestically and internationally, focusing predominantly on online sales of manual and electrical tools. It has over a dozen e-stores, including narzedzia.pl and rotopino.pl. The company’s rapid growth over the past few years has turned it into the domestic market leader. In 2019, its revenues reached PLN 65.5 million.
Michał Wielhorski
Managing Partner
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