GESSEL advises BNP Paribas Bank Polska S.A. on a new round of financing for Dafo Plastics S.A.

GESSEL is proud to have supported BNP Paribas Bank Polska S.A. in yet another investment – a new round of financing for Dafo Plastics S.A.

GESSEL already worked with BNP Paribas on its original investment in Dafo Plastics in 2018. The funds accrued from this round will be applied by Dafo towards boosting its production capacity.

GESSEL advised on preparation of the transaction documentation and on the closing. Our team was led by Krzysztof Jasiński, senior associate, with input from Paulina Maciąg, trainee attorney and overall supervision by Małgorzata Badowska, partner.

BNP Paribas is a leading European bank with a large international footprint, pursuing – through its various affiliates – operations in 74 countries, relying on a workforce of over 190,000 employees (including over 146,000 in Europe). It prides itself on being a strong local bank with global outreach; in 2017, it ranked seventh in Poland in terms of assets. For five years, its Polish branch has been operating an equity investments office – in effect a small fund through which the Bank invests in small and medium-sized Polish companies.

Dafo Plastics, founded 27 years ago, manufactures plastic bottles, jars, tubes and a variety of caps, lids etc. for customers in, among other sectors, the cosmetics and pharmaceutical industries.