Transakcje | 22.06.2026

MFW Fiałek advises Avallon MBO on the acquisition of a majority stake in Inglot

MFW Fiałek doradzała funduszowi private equity Avallon MBO przy nabyciu 51% udziałów w spółce Inglot

MFW Fiałek advised Avallon MBO on the acquisition of a majority stake in Inglot sp. z o.o. one of Poland’s most recognizable brands, specializing in the production and distribution of cosmetics.

Scope of advisory services

Our scope of work included:

  • negotiation of the term sheet,
  • conducting legal due diligence,
  • drafting and negotiating the transaction documentation (SPA and SHA) and
  • conducting proceedings before the Polish Office of Competition and Consumer Protection (UOKiK).

The completion of the transaction is subject to obtaining clearance from the President of the Office of Competition and Consumer Protection (UOKiK) for the concentration.

MFW Fiałek project team

The team was led by Mirosław Fiałek, Partner. The transaction team comprised Mateusz Kwolek, Associate and Krzysztof Drzymała, Senior Associate, with support from Paulina Kucharska, Junior Associate, Jakub Wilk, Associate, Franciszek Furmaniak, Junior Associate, and Andrzej Madała, Senior Associate, who furthermore advised on regulatory matters, including proceedings before the Polish Office of Competition and Consumer Protection (UOKiK).

We would like to thank our client for their trust and excellent cooperation, in particular Agnieszka Pakulska and Izabela Ciącka.

On Avallon’s side, further advice was provided by:

  • tax matters – KPT Podatki: Krzysztof Hejduk and Łukasz Kozioł
  • financial matters – TS Partners: Michał Boroń, Kamil Gierejko and Piotr Boguszewski.

We would also like to thank the Inglot family in particular Grzegorz Inglot and Milena Inglot, as well as their advisers.

The selling party was supported by:

  • PwC Advisory: Adam Ostaszewski, Jan Gutkowski and Aleksandra Bielińska oraz
  • PwC Legal: Wojciech Trzciński, Marcin Dąbrowski and Marika Grzybowska.

Avallon MBO

Avallon MBO is a private equity fund, specializing in management buyout (MBO) transactions and investments in mid-sized companies.

Inglot

Inglot is a Polish cosmetics brand specializing in colour cosmetics, skincare products, and beauty accessories. The company operates in more than 90 countries.