Azimutus

Our experience

Selected project by Azimutus.

2021

MTZ Clinical Research Sp. z o.o.

Polish clinical research company

Sale of 100% shares to NEUCA Group, the biggest wholesaler of pharmaceuticals in Poland

Advisor to MTZ Clinical Research

2020

Polskie Porty Lotnicze (PPL)

Właściciel polskiej infrastruktury lotniskowej

Akwizycja Baltona S.A.

Doradca PPL

Copernicus sp. z o.o

Company specializing in the development and manufacture of drug delivery systems

Sale of the controlling stake to Nemera

Transaction Advisor to the senior debt provider

Oknoplast sp. z o.o.

Leading Polish window producer

Acquisition of Ampuero Industrial,
window producer in Cantabria, Spain

Transaction advisor to Oknoplast sp. z o.o.

2019

Smart Factor Sp. z o.o.

Smart City technology developer

Sale of 85% shares to a private investor

Exclusive transaction advisor to the Seller

ExpoFactor sp. z o.o.

Exposition, audio-visual and multimedia technology developer

Sale of 100% shares to Erekta Budownictwo Sp. z o.o.

Exclusive transaction advisor to the Seller

MAAT4 sp. z o.o.

Technology company operating in the area of data center, power engineering, security systems and ICT

Sale of 70% shares to White Stone Development Sp. z o.o

Exclusive transaction advisor to the Seller

Profi sp. z o.o.

Polish producer of pate and ready-to-eat meals

Sale of 100% shares to Mezzanine Management and a group of private investors

Exclusive transaction advisor to Bounty Brands

LSA Sp. z o.o.

Lightweight sintered aggregate manufacturer

Sale of technology and US market rights to Boral Ltd

Exclusive transaction advisor to LSA Sp. z o.o.

2018

Biotrem Sp. z o.o.

Producer of biodegradable tablaware and packaging

Second round of financing

Exclusive transaction advisory to Biotrem sp. z o.o.

Nowy Adres S.A.

Leading real estate trade fair organizer in Poland

Sale of a controlling stake in Nowy Adres
to Międzynarodowe Targi Poznańskie Sp. z o.o. (MTP)

Transaction value undisclosed
Exclusive financial advisor to Nowy Adres S.A.

2017

Work Service S.A.

The largest provider of HR solutions
in CEE (WSE listed company)

Sale of 95% shares in
IT Kontrakt Sp. z o.o.
to Oaktree Capital Management/
Cornerstone Partners

Transaction value: PLN 148m
Exclusive transaction advisor to
Work Service S.A.

Kewpie Corporation

Japanese producer of condiments,
listed on Tokyo Stock Exchange

Purchase of an enterprise
of Mosso Kwasniewscy sp. j.

Exclusive transaction advisor
to Kewpie Corporation

2016

Piast Pasze Capital Group

Major Polish animal feed producer

Obtaining a 5-year syndicated loan

Value: PLN 130 212 000
Sole financial advisor to the
Management Board of Piast Pasze

Sequence sp. z o.o.

Leading Polish healthcare and pharma research and consulting company

Sale of 100% shares
of Sequence sp. z o.o.
to PharmaExpert Sp. z o.o.

Exclusive transaction advisor to the shareholders of Sequence

Metrohouse Franchise S.A.

The largest chain of real estate brokerage agencies in Poland

Sale of 100% shares in
Metrohouse Franchise S.A.
to Duna House Holding Nyrt.

Exclusive financial advisor to the
shareholders of Metrohouse

OECD / KAZNEX Invest

Organization for Economic
Co-operation and Development

Attracting M&A FDI in Kazakhstan in agri production, processing and retailing

Azimutus advised OECD and Kaznex Invest

Compass Partners Investments Ltd.

International private equity fund

Commercial due diligence leading to the acquisition of CTL Logistics Group from Bridgepoint

Transaction value: undisclosed
Azimutus advised Compass Partners

2015

Amica Wronki S.A.

The largest MDA producer in Poland
(WSE listed company)

Purchase of 100% shares in
CDA Group Ltd

Transaction value:
GBP 24.3m
Transaction advisor to Amica Wronki S.A.

Polskie Inwestycje Rozwojowe S.A.

Polish sovereign wealth fund

Commercial due diligence of
an investment project in
the transportation sector

Advisor to PIR

Cargill

Global leader in animal nutrition

Sale of 100% shares in Agro Provimi sp. z o.o.
to PKM Duda S.A.
for PLN 28.1 milion

Cargill Poland was advised by Azimutus

Dr Gerard sp. z o.o.

Leading producer of cookies in Central Eastern Europe

Commercial due diligence and PMI plan of Artur, a Polish cookie producer

Advisor to Dr Gerard

TVN Media Sp. z o.o.

Poland's premier TV and multi-platform media company

Acquisition of 40% shares in Everytap

Advisor to TVN Ventures in selected stages of the transaction process

Czerwona Torebka S.A.

Retail trade
(WSE listed company)

Fairness opinion related to a divestment of Małpka Express convenience stores

Transaction value: PLN 362m
Project sponsored by the CFO

Apator Powogaz S.A.

Producer of water- and heat meters, part of Apator Group, WSE listed company

Purchase of 100% shares in the Danish company Miitors ApS

Transaction value: EUR 7m
Exclusive transaction advisor to Apator Powogaz S.A.

2014

Mercedes-Benz Polska

Automotive producer

Implementation of a new sales management methodology for trucks in the Polish sales network

Project sponsored by Truck Sales Director

Amica Wronki S.A.

The largest MDA producer in Poland,
(WSE listed company)

Annual Group strategy review across European markets

Project sponsored by the CEO

Lotte Wedel S.A.

Leading Polish confectionery producer

Fairness opinion

Towarowa Giełda Energii S.A.

The only commodity exchange in Poland
(Warsaw Stock Exchange S.A. Group)

Evaluation of additional business growth opportunities

Project sponsored by the Management Board

2013

Towarowa Giełda Energii S.A.

The only commodity exchange in Poland
(Warsaw Stock Exchange S.A. Group)

Evaluation of recycling certificates market

Project sponsored by the Management Board

Gra Group (subsidiaries of Media Regionalne sp. z o.o.)

Group running leading regional radio stations in Kuyavian-Pomeranian Voivodeship

Sale of 100% shares in 5 companies comprising Gra Group to Multimedia sp. z o.o. (RMF Group)
Enterprise value: PLN 9 million

Exclusive financial advisor to Mecom Group plc, owner of Media Regionalne sp. z o.o.

Media Regionalne sp. z o.o.

Second largest regional dailies publisher in Poland

Sale of 100% shares in Media
Regionalne sp. z o.o.
to Polskapresse sp. z o.o.
Expected equity value: PLN 88 million

Financial advisor to Mecom Group plc, owner of Media Regionalne sp. z o.o.

Work Service S.A.

The leading provider of HR solutions in Poland (WSE listed company)

Expansion capital of PLN 105 million by PineBridge Investments for 20% shares

Exclusive financial advisor to
Work Service S.A.

Oknoplast sp. z o.o.

Leading Polish window producer

Purchase of the production plant from Okna Rąbień

Exclusive financial advisor to Oknoplast sp. z o.o.

2012

Polimex – Mostostal S.A.

Leading infrustructure and construction company (WSE listed company)

Valuation of five subsidiares

Project sponsored by the Head of M&A Department

CTL Logistics sp. z o.o.

The largest Polish private railway carrier and logistics operator

Analysis of the transport services market

Project sponsored by the CEO

CTL Logistics sp. z o.o.

The largest Polish private railway carrier and logistics operator

Analysis of the energy sector in relation to the demand for railway transport services

Project sponsored by the CEO

Carint Scanmed sp. z o.o.

Cardiology diagnosis and treatment

Sale of 50% + 1 share in Carint Scanmed sp. z o.o. by Scanmed S.A. to American Heart of Poland
Equity Value: PLN 32 mln

Exclusive financial advisor to Scanmed S.A.

Amica Wronki S.A.

The largest Polish household appliances manufacturer (WSE listed company)

Commercial due diligence of an Italian home appliance producer

Project sponsored by CEO

Amica Wronki S.A.

The largest Polish household appliances manufacturer (WSE listed company)

Commercial due diligence of an Ukrainian home appliance producer

Project sponsored by CEO

2011

Zakłady Tłuszczowe w Bodaczowie Sp. z o.o.

Rapeseed oil producer with revenues of
$114 million in 2010

Sale of 85% shares in Zakłady Tłuszczowe w Bodaczowie sp. z o.o.
to Glencore Corporation

Project sponsored by KTS s.a.r.l.
majority shareholder

PKO BP S.A.

The largest bank in Poland

Analysis, recommendation of actions and monitoring in relation to a debtor from the agricultural sector

Project sponsored by Debt Collection and Restructuring Department

PSA Peugeot Citroën

International car producer and distributor

Podium 2012 (innovative customer service improvement programme) project management in Poland, Russia, Czech Republic and Slovakia

Project sponsored by PSA Central (France)

Mostostal Białystok sp. z o.o.

Construction Company

Formulation of corporate strategy for 2012 – 2016
Facilitation of debt financing

Project sponsored by the Management Board

Leroy Merlin Polska sp. z o.o.

Leading DIY supermarket chain

Formulation of sales strategy via
e-commerce channel and assessment of investment opportunities in e-commerce sector

Project sponsored by the CEO

Citroën Polska sp. z o.o.

International car producer and distributor

Audit of quality standards implementation in all dealerships in Poland

Project sponsored by the Quality Department

AXA Polska

Insurance company

Formulation of corporate strategy
for 2012 - 2015

Project sponsored by the Management Board

Amica Wronki S.A.

The largest Polish household appliances manufacturer (WSE listed company)

Creation of an option stock plan for the Management Board members
Setup of a share buy-back programme

Project sponsored by CEO

2010

Michelin

International tyre producer

Operational improvements resulting in shortening of production lead times

Project sponsored by Michelin France

Amica Wronki S.A.

Washing machines and refrigerators production business units of
Poland’s largest home appliances maker

USD 77.7 million Sale
of Organized Part of the Enterprise

Exclusive financial advisor to
Amica Wronki S.A.

2009

Maria Curie Skłodowska University in Lublin

University in South-Eastern Poland
with 29,000 students

Development of an improvement plan and a new budget; preparing implementation of improvement initiatives

Project sponsored by the University Director

Tabita - Luxmed sp. z o.o.

Leading nursing home

USD 3.6 million Sale
of Organized Part of the Enterprise and 88% of shares
to LUX MED Sp. z o.o.

Exclusive financial advisor to the owner, Trinity Parish in Warsaw

STACI Polska S.A.

Logistics for marketing companies

Acquisition target search
Preparation of a Joint-Venture arrangement with a pre-selected target

STACI Polska S.A. was advised by

Szkoła Główna Gospodarstwa Wiejskiego w Warszawie

Warsaw University with 25,000 students

Organizational structure optimization and employment benchmarking

Project sponsored by the University Director

NCS sp. z o.o.

National Sport Centre – organizor of Euro 2012

Implementation of controlling operations in a company supervising construction of EURO 2012 football stadiums

Project sponored by the Management Board

Mistral sp. z o.o.

Wind power plant operator and developer
of wind projects

Value undisclosed
Sale of 100% shares
to Max-Energo Sp. z o. o.

Exclusive financial advisor to the sellers

Mid Europa Partners

Leading private equity investment firm focused on Central and Eastern Europe, $3.2 billion of assets under management

Evaluation of a selected Polish industry sector in terms of investment potential and market attractiveness

Doradca funduszu Mid Europa

Krośnieńskie Przedsiębiorstwo Budowlane w Krośnie S.A.

General contractor construction company

Value undisclosed Acquisition
of 35.15% shares in privatization
by KPB S.A. from State Treasury

Exclusive financial advisor to Krośnieńskie Przedsiębiorstwo Budowlane S.A.

Inter Cars S.A.

Market leader in Poland and top-5 European player on the automotive spare parts distribution after-market

Growth strategy and development of KPIs for strategy implementation

Project sponsored by the Management Board

Gallup Polska sp. z o.o.

A 140-seat contact center, major provider
of inbound services for Vattenfall

Value undisclosed
Sale of 100% shares
to Arteria S.A.

Exclusive financial advisor of the seller, Anthill Customer Services International A.B.

Grupa Ekosystem

Group of civil engineering companies

Project Management Office
Improvement of cost allocation

Project sponsored by the shareholders

Grupa Ekosystem

Group of civil engineering companies

Creation of strategy for the Group
Improvement of sales and production activities

Project sponsored by the shareholders

BRE Bank S.A.

One of the largest players of the Polish banking sector (member of the Commerzbank Group)

Creation of a KPI system supporting the EVA-oriented result strategy

Project sponsored by the Head of BRE Bank HR Department

Advent International

Global private equity firm

Evaluation of selected Polish industry sectors in terms of investment potential and market attractiveness

Advent International was advised by

2008

X-press Couriers sp. z o.o.

The leading Polish local services courier company

USD 3.5 million
Sale of 57% shares
to TUP S.A.

Exclusive financial advisor of X-press Couriers

Wilbo S.A.

Production of canned fish and other fish products

Development of a Management by Objectives (MBO) system
Definition of strategic goals and KPIs for senior and mid-level executives

Project sponsored by the CEO

Wilbo S.A.

Production of canned fish and other fish products

Diagnosis of purchasing cost reduction potential
Organization of tenders and electronic auctions for selected cost categories

Project sponsored by the CEO

Uniwersytet Marii Curie Skłodowskiej w Lublinie

University in South-Eastern Poland
with 29,000 students

Preparing the opening balance sheet - analysis of the financial situation

Project sponsored by the University Director

Tele2 Polska sp. z o.o.

Telecommunication company

18-month support in sales, marketing, product management and customer operations

Project sponsored by the GM

SKM sp. z o.o.

Railway company

Financial analysis and recommendation of changes to the project of rail communication of Warszawa - Okecie airport

Project sponsored by the CEO

ratiopharm Polska sp. z o.o.

German generic pharmaceuticals company

Purchasing optimization

Project sponsored by the CEO

Oknoplast sp. z o.o.

Leading Polish window producer

Evaluation of a potential investment in innovative packaging production
Assessment of potential ad-on diversification investment opportunities

Project sponsored by the CEO

Pronet, It Net

Leading local ISP operator

USD 7.7 million
Merger

Exclusive financial advisor to both sides in merger process

Metrohouse S.A.

The leading Polish real estate intermediary company

Expansion capital - 33% shares
to BZ WBK Inwestycje
sp. z o. o.

Exclusive financial advisor to Metrohouse S.A.

Exlabesa

Largest Spanish and one of the largest aluminium extrusion companies in Europe

USD 17.2 million
Brownfield market entry
and asset acquisition
from Ceramika Tułowice s.c.

Exclusive financial advisor to Exlabesa

British Sugar Overseas Poland

Global sugar producer, part of Associated British Foods

Development of a regional strategy; analysis of expansion potential

Project sponsored by the country General Manager and global Board Member

2007

Southberg

Monaco-based investment fund

Investment target search
in 18 sectors

Commercial and business due diligence of selected 10 targets

Southberg was advised by:

SCM Finance/ First Ukrainian International Bank

Leading Ukrainian financial holding belonging to Rinat Akhmetov

Analysis and improvement plan for management board regarding organizational processes

Project sponsored by the Bank’s owner and Supervisory Board

Sando Inmobiliaria

Leading Spanish real estate developer

Valuation of a subsidiary

Sando Inmobiliaria was advised by

ratiopharm Polska sp. z o.o.

German generic pharmaceuticals company

Analysis of potential acquisition targets in Poland

Project sponsored by the CEO

PolBank

EFG Eurobank Ergasias, leading Greek Bank, subsidiary in Poland

Support in selected strategic initiatives in the area of HR and organizational efficiency as well as sales support

Project sponsored by the country GM

PolBank

EFG Eurobank Ergasias, leading Greek Bank, branch in Poland

Running an external project management office responsible for implementation of strategic initiatives

Project sponsored by the country GM

PolBank

EFG Eurobank Ergasias, leading Greek Bank, branch in Poland

Organizational diagnosis of top management issues

Project sponsored by the country GM

La Caixa

Leading Spanish Bank

Preparation for Polish market entry

Project sponsored by the Management Board

World Bank

Market demand analysis and creation of an incentive programme for commercial banks to distribute a World Bank product

Project sponsored by the Washington DC representatives

2006

US.EN.EKO Sp. z o.o.

Italian natural gas company

Investment project valuation
and proposal of conditions
for a joint-venture

The Italian parent company and the Polish subsidiary

TP S.A.

The leading Polish telecommunication company, part of France Telecom group

Employment level optimization
in one selected department

Project sponsored by Division Director

PZU S.A.

The largest Eastern European life and property insurance group

Creation of a new operational and compensation system for agent sales channel

Project sponsored by the Management Board Member responsible for Sales

Ministry of Transport

Financial analysis of cooperation model in use between Ministry of Transport and Polska Wytwornia Papierow Wartosciowych regarding production of cards to digital tachographs

Project sponored by the Ministry of Transport

Amica S.A.

The largest Polish household appliances manufacturer (WSE listed company)

Development of a 5 year strategy, market analyses, financial modelling, management workshops

Project sponsored by the CEO

2005

Riello Palniki Sp. z o.o.

Leading European burners manufacturer

Company valuation

EPA Sp. z o.o.

Renewable energy service company

Company valuation

The shareholders of the company

DGA S.A.

Consulting company

Organizational change to improve sales processes
Setting-up of KPI for key employees

Project sponsored by the CEO

2004

Schering-Plough

Pharmaceutical company

Optimization of customer operations and sales support; design of sales support tools and CRM

The Sponsor - Management Board