MFW Fiałek climbs higher in Mergermarket’s Global and Regional M&A Rankings for 2024!
📊 Poland Rankings (by deal count): 6th position
📊 CEE Rankings (by deal count): 19th position
We’re excited to highlight the progress we’ve made since last year:
➡️ Moving from 26th to 6th in Poland
➡️ Advancing from 66th to 19th in the CEE region
Many thanks to our customers for their trust and to our amazing team for their incredible work over the past year. Thank you for being part of this journey!

MFW Fiałek strengthens position in Mergermarket’s Global and Regional M&A rankings for 2024

MFW Fiałek advised Hartenberg Capital on the acquisition of a controlling stake in 4Kraft sp. z o.o. group
MFW Fiałek Law Firm advised Hartenberg Capital on the acquisition of a controlling stake in the 4Kraft sp. z o.o. and its subsidiaries, i.e. 4Kraft LLC and Suzhou Kinderkraft Trading Co., Ltd.
The transaction was conducted through enterstore, a holding entity under which Hartenberg consolidates its e-commerce investments across various countries.
Our advice
Our advisory services included comprehensive handling of the transaction, including conducting due diligence, preparing and negotiating transaction documentation, supporting the signing of the transaction and coordinating works carried out by the Zhong Lun Law Firm, China counsel for the transaction. The scope of work also included matters governed by German and US law.
Additionally, we represent the client in the proceedings before the UOKiK. The closing of the transaction depends, among other things, on the approval of the President of the Office of Competition and Consumer Protection for the concentration.
The transaction team was led by Mirosław Fiałek – Partner, Mariusz Domagała – Senior Associate, and Krzysztof Drzymała – Senior Associate.
In addition, the due diligence team consisted of Michał Kret – Senior Associate, Marcin Gutkowski – Senior Associate, Paweł Siwiec – Senior Associate, Wojciech Lichterowicz – Associate, Kacper Rydz – Associate, Jakub Wilk – Associate, Franciszek Furmaniak – Junior Associate, Maksymilian Gnat – Junior Associate, and Robert Szumiłowski – Intern.
Parties of the transaction
Hartenberg Holding is a 300 million EUR investment fund focused on investments in companies in the Central European Region, primarily Czech Republic, Slovakia and Poland. Hartenberg Capital is the General Partner and Administrator for Hartenberg Holding. Hartenberg Capital manages the fund’s assets, seeks investment candidates, executes investment transactions, implements and manages the investment strategies in collaboration with company management and potentially exits investments made by Hartenberg Holding.
4Kraft Sp. z o.o. is one of the fastest growing global manufacturers in the children products sector. The company distributes its products mainly in e-commerce channels using B2B and B2C models and in traditional sales channels. The company has been operating since 2011 and systematically strives to take its position among leaders in the children products industry. 4Kraft is the owner of the Kinderkraft and Kiddy brands. Products of these brands are available across Europe, Asia and Australia with expansion plans to North America and Africa.

MFW Fiałek advised Enterprise Investors on the acquisition of 100% of the shares in the Private Healthcare Facility “Śródmieście – Biały Kamień” sp. z o.o.
MFW Fiałek advised the Enterprise Investors fund on the acquisition of 100% of the shares in the Private Healthcare Facility “Śródmieście – Biały Kamień” sp. z o.o.
Our advice
Our services comprised comprehensive support handling of the transaction, including conducting due diligence, preparing and negotiating transaction documentation, and supporting the signing of the share purchase agreement.
The transaction team was led by Mirosław Fiałek – Partner, Rafał Siemieniec – Associate Partner, and Paweł Siwiec – Senior Associate.
Additionally, the team included: Krzysztof Drzymała – Senior Associate, Marcin Gutkowski – Senior Associate, Michał Kret – Senior Associate, Wojciech Lichterowicz – Associate, Kacper Rydz – Associate, Jakub Wilk – Associate, Franciszek Furmaniak – Junior Associate, Maksymilian Gnat – Junior Associate and Robert Szumiłowski – Intern.
Parties of the transaction
Enterprise Investors (EI) the oldest and one of the largest private equity firms in Central and Eastern Europe. The firm specialize in mid-market succession-driven buyout transactions and provision of expansion financing to high-growth enterprises across a range of sectors.
NZOZ “Śródmieście – Biały Kamień” is a healthcare facility operating since 2000, offering medical services in Wałbrzych and its branch in Walim. It specializes in comprehensive healthcare, with numerous clinics equipped with modern equipment. The facility provides specialized medical care in internal medicine, pediatrics, gynecology, dentistry, rehabilitation, diagnostics, and laboratory testing.

MFW Fiałek advised Deutsche Private Equity (DPE) and Bär & Karrer law firm in the Polish aspects of the international acquisition of a majority stake in IMPAG Group by Deutsche Private Equity
MFW Fiałek advised Deutsche Private Equity and Swiss law firm Bär & Karrer in the Polish aspects of the international acquisition of a majority stake in IMPAG Group.
Our advice
Our advisory services included due diligence of Impag Chemicals Poland sp. z o.o., part of the IMPAG Group, as well as on the duties related to the closing of the transaction.
The work of the transaction team was led by Miroslaw Fialek – Partner with the support of Michal Kret – Senior Associate and Wojciech Lichterowicz – Associate.
Parties of the transaction
The acquiring entity in the transaction was Deutsche Private Equity (DPE), a German capital management company that invests in mid-sized companies primarily in Germany, Austri and Switzerland.
Headquartered in Switzerland and with subsidiaries in Poland, Germany, France, Austria and Spain, the IMPAG Group operates as an independent, international trading and service company, supplying natural and synthetic raw materials, active substances and intermediates to various industrial sectors.

MFW Fiałek advised Orkla Food Ingredients on the acquisition of the plant (asset deal) owned by Eurohansa sp. z o.o.
MFW Fiałek Law Firm advised Orkla Food Ingredients and its group entities on the acquisition of the plant owned by Eurohansa sp. z o.o.
Our advice
As part of this transaction, we conducted a comprehensive legal due diligence of the plant and supported the client in the process of developing the structure of the transaction and preparing and negotiating all transaction documentation, including the preliminary agreement for the sale of the business, as well as conducting the signing. Additionally, we represent the client in the proceedings before the UOKiK. The closing of the transaction depends, among other things, on the approval of the President of the Office of Competition and Consumer Protection for the concentration.
The transaction team was led by Mirosław Fiałek – Partner and Wojciech Lichterowicz – Associate with the support of Jakub Wilk – Associate. In addition, the due diligence team consisted of Rafał Siemieniec – Associate Partner, Krzysztof Drzymała – Senior Associate, Michał Kret – Senior Associate, Paweł Siwiec – Senior Associate, Maksymilian Kulczycki – Associate, Kacper Rydz – Associate, Franciszek Furmaniak – Junior Associate and Maksymilian Gnat – Junior Associate.
Parties of the transaction
Orkla Food Ingredients is co-owned by Orkla ASA, which is listed on the Oslo Stock Exchange, and Rhône. Orkla Food Ingredients supplies ingredients to a broad range of customers in the bakery, ice cream and plant-based markets, and has a leading position in Europe and a platform for growth in the USA.
Eurohansa Sp. z o.o. is a Polish family company operating in the food industry since 1991. It specialises in the production of high quality confectionery. Their products are available in Poland and exported to many foreign markets, including Italy, the Netherlands, Hungary and the United States.

MFW Fiałek advised on the acquisition of 90% of shares in Future Processing Healthcare (now Graylight Imaging)
MFW Fiałek advised Aniela Hejnowska and a group of investors on the execution of the investment agreement for the joint venture and the acquisition of 90% of shares in Future Processing Healthcare sp. z o.o. (currently known as Graylight Imaging sp. z o.o.), a company specialising in the development of medical software and the integration of AI solutions.
Our advice
The company, based in Gliwice, provides software development services to enable its clients to introduce innovative medical devices and products, drawing on its experience in developing ISO 13485-compliant software and in developing medical solutions and algorithms with the implementation of artificial intelligence. Active in the field of medical image analysis for almost 18 years.
Advisory services provided by MFW Fiałek consisted of comprehensive support at all stages of the transaction, and involved preparation of transaction documentation, negotiations, completion of the transaction and post- transaction services. In addition, our legal team was responsible for the process of preparing and negotiating the investment agreement for the establishment of the joint venture, including the structuring of corporate governance and company registration formalities.
The client was advised by Mirosław Fiałek – Partner and Jakub Wilk – Associate.
Parties of the transaction
Aniela Hejnowska – investor and business angel with more than 20 years of experience, which she uses in strategic, process and organisational culture transformations. She was awarded, among others, the title of Businesswoman of the Year 2010, awarded by the Sukces Pisany Szminką Foundation, which promotes the professional and personal development of women.
The other investors are Professor Maciej Banach, a renowned cardiologist, researcher, chairman of the International Lipid Expert Panel, vice-rector of the John Paul II Catholic University in Lublin and academic lecturer at the Medical University of Lodz and Johns Hopkins University in Baltimore, and Dr Eng. Jarosław Bułka, an expert in AI, digital transformation and telemedicine, as well as Szymon Janota, long-time CEO of Graylight Imaging, and Ewa Kieczka-Baranowska, former Head of Business and People at the same company, both with over a decade of experience in the IT industry.
During its operations Future Processing Healthcare sp. z o.o. (currently known as Graylight Imaging sp. z o.o.) has been involved in the development of certified medical devices that have been successfully implemented into clinical workflows and used in practice. At the same time, the company operates in accordance with ISO 14971 and has the capability to develop healthcare software systems in accordance with IEC 62304.
In the period prior to the transaction, the company grew as part of the Future Processing group, known for its advanced approach to IT project management and the use of cutting-edge technology, which has gained the trust of international clients, particularly in the UK and Western Europe. Future Processing has won numerous awards and recognitions that confirm its position as one of the leading IT service providers. Among the awards are the title of Top Cloud Consulting Company 2024 obtained in the Clutch ranking and the title of Global Outsourcing 100 Leader, awarded by IAOP in 2024.

MFW Fiałek advised TM TRADE POL and the Lithuanian law firm NOOR in a transaction concerning the sale of shares in the company to a Lithuanian investor
MFW Fiałek advised TM TRADE POL and the Lithuanian law firm NOOR in a transaction concerning the sale of shares in the company to a Lithuanian investor.
Our advice
The law firm advised on the preparation of documentation for the sale of part of the shares in TM TRADE POL, as well as on the increase of the share capital and amendments to the partnership agreement. The scope of services also included the registration of these changes with the National Court Register.
The transaction team was led by Mirosław Fiałek – Partner and Rafał Siemieniec – Associate Partner. The team consisted of Maksymilian Kulczycki – Associate, Michał Kret – Senior Associate, Maksymilian Kulczycki – Associate and Franciszek Furmaniak – Junior Associate.
TM TRADE POL Sp. z o.o. is a Polish trading company specialising in the sale of fertilisers, feedstuffs and industrial raw materials. The company operates in the markets of Europe, South-East Asia and Africa.
How to turn the post-Brexit situation to the benefit of Polish tech firms – six ways to enter the UK market – article for BPCC
In the light of recent challenges in the IT industry, characterized by a post-pandemic downturn of demand and high service costs, the current climate presents unique opportunities for flexible companies.
Latest article for British Polish Chamber of Commerce (BPCC) Contact Magazine, by Kacper Rydz, Associate at MFW Fiałek reviews six strategic paths for Polish companies looking to expand into the UK market, despite the complications introduced by Brexit.
Read the article

MFW Fiałek a finalist of The Lawyer European Awards 2024
We are delighted to announce that MFW Fiałek has been shortlisted for the third time as a finalist in the European Specialist Law Firm of the Year category at The Lawyer European Awards 2024.
Recognised as a benchmark of the highest quality in the European legal sector, The Lawyer European Awards ceremony will take place on 28 November 2024 at The JW Marriott Grosvenor House London.
We are very proud that our achievements and growth trajectory have not gone unnoticed by the judging panel. Congratulations are due to the entire team for this remarkable achievement!
The Lawyer European Awards was the first initiative of its kind to reward and celebrate excellence across the European legal market. The awards scheme attracts entries from over 120 independent law firms headquartered in Europe and global firms across the Continent. Each year The Lawyer European Awards showcase the impressive achievements of Europe’s finest within the legal industry.
Congratulations to all the other finalist – we look forward to the awards ceremony in London!
Full list of the shortlisted firms: The Lawyer European Awards 2024 shortlist