GESSEL acted as counsel to NPN II, a private equity fund advised by Krokus PE, on execution of an investment agreement concerning the fund’s sale of a 100% stake in Comfort S.A.

GESSEL supported the fund throughout the transaction, including due diligence, planning of the transaction structure, drafting of the documentation, and negotiations with the purchaser.

The transaction still requires antitrust clearance from the Office of Competition and Consumer Protection.

Comfort’s operations are centred on manufacturing reinforced concrete prefabricates (including compressed elements) for use in the construction industry. Comfort offers a variety of beams, girders, ceilings, posts, and walls as well as non-standard elements.

The GESSEL team working on this project was led by Marcin Macieszczak managing partner, assisted by Krzysztof Jasiński, attorney, and included Michał Boryczka, attorney, Karolina Krzal, advocate and Karolina Czarnecka, lawyer.