Our team has advised Ferro S.A. in the acquisition of a majority stake in Termet S.A. and 100% of shares of Tester sp. z o.o.

Our team led by Mirosław Fiałek – Partner comprised Rafał Siemieniec – Senior Associate, Joanna Kowalczyk – Senior Associate, Maria Krupa – Senior Associate and Paweł Siwiec – Senior Associate.

Our comprehensive support included legal due diligence of both companies, transaction structuring followed by preparation and complex negotiation of transaction documentation.

The Ferro Group is one of the largest manufacturers of sanitary and installation fittings in Central and Eastern Europe.

Termet is a producer of heating devices and solutions based on renewable energy sources.

Tester designs and produces electronic control and automation systems for gas devices.

Corporate finance advisory in the project was provided by Vienna Capital Partners (VCP) team led by Piotr Samojlik – Managing Partner and comprised Przemek Wójcicki – Partner and Miłosz Bramowicz – Analyst.

Congratulations to the Management Board of Ferro Group S.A. (Wojciech Gątkiewicz, Aneta Raczek, Olga Panek and Zbigniew Gonsior) and all parties involved in this project.