WARSAW – 20 February 2025 – Greenberg Traurig advised CCC S.A. in connection with the negotiation and execution of conditional agreements to acquire minority stakes in Modivo S.A., including those from investors attracted by CCC in 2021 in transaction also advised by Greenberg Traurig (GT press release).
The acquisition will be finalized once certain conditions precedent are satisfied. In accordance with the conditional agreements entered into by CCC S.A., the purchase price of PLN 1.36 billion will be paid by CCC from the proceeds of the planned issue of up to 10 million shares, while approximately PLN 50 million will be paid in the form of subscription warrants, thus determining the total valuation of Modivo S.A. shares to be acquired by CCC S.A., representing a total of 22.81% of the company’s share capital, at approximately PLN 1.41 billion.
Greenberg Traurig is providing comprehensive legal advice with respect to the transaction.
The transaction is led by Rafał Sieński, Partner from the Capital Markets Practice, who is supported by Mateusz Zaleński (Local Partner), Senior Associate Grzegorz Socha and Associate Kamil Nagawski.
Greenberg Traurig is recognized as a longstanding leader in Poland with respect to capital markets and M&A. For many years, the Warsaw Capital Markets Practice has been consistently ranked at the very top by leading international directories: Chambers Global, Chambers Europe, Legal 500, as well as IFLR 1000. The Practice offers clients an unparalleled breadth of experience in all aspects of Polish securities law, allowing for the facilitation of all phases of securities transactions on Polish and international capital markets. Greenberg Traurig Warsaw’s seasoned capital markets professionals are acknowledged leaders in Poland and together make up one of the most experienced teams amongst international law firms in the vibrant Central European market.
Our top-tier M&A team has advised on the largest mergers and acquisitions in Poland and the CEE region. GreenbergTraurig's Warsaw office has been ranked by Mergermarket as Number 1 in Poland for deal value, with a total transaction value of USD 2.31 billion at the end of 2024.
Greenberg Traurig LLP
Greenberg Traurig, LLP is a global, multi-practice law firm with more than 2750 attorneys serving clients from 49 offices in the United States, Latin America, Europe, Asia, and the Middle East.
GREENBERG TRAURIG Nowakowska-Zimoch Wysokiński sp.k. was named the 2021 Poland Firm of the Year at the highly esteemed Euromoney Legal Media Group “Women in Business Law Awards 2021 Europe” and the 2021, 2019, 2018 Law Firm of the Year in Poland by International Financial Law Review (IFLR). The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of approximately 100 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Real Estate, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Dispute Resolution, TMT and Competition/Antitrust.
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