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Advice to the Scandinavian Axopar Group on its investment in a Polish manufacturer of boat components
DZP has supported one of the fastest growing companies specialising in the sale of recreational motor and sailing boats in a strategic investment to enhance its global leadership position.
Our client, the Finnish Axopar Group, has acquired a majority stake in Markos, a Polish family-owned company with an international reach, with which it has worked closely for years. Markos is a leading manufacturer of glass fibre reinforced composite products used in the heavy, energy, marine and recreational industries.
The transaction is, in line with Axopar's strategy, expected to support the Finnish company in its efforts to become one of the world's leading manufacturers of composite technology. By acquiring a majority stake, the group will gain access to state-of-the-art production facilities, technology and highly qualified personnel in Poland, enabling it to streamline production, increase productivity and meet the growing demand for innovative products.
"A strategic expansion of this kind is more than just an investment; it is a testament to our commitment to constantly taking steps forward, innovating and growing,” says Jan-Erik Viitala, founding partner in Axopar.
DZP's advice covered comprehensive legal assistance with the transaction, including transaction structuring, a due diligence, negotiation support, as well as transaction documentation preparation and transaction closing.
The project was carried out by a multidisciplinary team supervised by Bartosz Marcinkowski and led by Grzegorz Policht and Daria Dudek from the Corporate and M&A Practice and Marcin Kuliński. The client was advised on tax law by Grzegorz Sprawka and Paweł Milewski, on labour law by Zuzanna Gaczyńska, on environmental protection by Klaudia Skubiszak, on real estate by Anna Okła-Woźniak and Julia Łysik, on intellectual property law by Martyna Gruszka and Michał Nita, and on personal data protection by Mateusz Jankowski.