Our experience
Selected projects by Azimutus
Stella Pack
Polish producer of trash bags and other household goods made from plastics
Sale of 100% shares to Sarantis SA
Exclusive Transaction Advisor to Bounty Brands (Key shareholder)
Warsaw, January 2024
AVIA CAPITAL
Growth fund, supporting Polish entrepreneurs’ international expansion
Investment in Pro-Project, provider of solutions for quality control of medical imaging
Commercial advisor to AVIA Capital
Warsaw, December 2021
PAGED MORĄG S.A.
Leading European producer of plywood
Sale of a production plant
Transaction Advisor to Paged Morąg and financing banks
Olsztyn, December 2021
SPEARHEAD INTERNATIONAL
Pan-European farming group operating 80k hectares of land in the EU and the UK
Sale of 100% shares to Accession Capital Partners
Transaction advisor to Spearhead International
Warsaw, Cambridge, New York, November 2021
LSA SP. Z O.O.
Producer of innovative lightweight aggregate
Capital increase and sale of controlling stake to thomas beteiligungen GmbH
Exclusive transaction advisor to LSA
Warsaw, November 2021
X-PRESS COURIERS SP. Z O.O.
Express delivery company
Sale of 100% shares to Allegro Group, one of the largest e-commerce marketplaces in Europe
Transaction advisor to X-press Couriers and its shareholders
Warsaw, October 2021
SKYNET CUSTOMS BROKERS SP. Z O.O.
Express delivery company
Sale of 100% shares to Allegro Group,one of the largest e-commerce websites in Europe
Transaction advisor to X-press Couriers and its shareholders
October 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
Warsaw, January 2021
UNITOP SP. Z O.O.
Polish producer of sesame snaps and halva
Disposal of 100% shares
Transaction advisor to Bounty Brands, Unitop owner
Warsaw, March 2020
POLSKIE PORTY LOTNICZE (PPL)
Owner of the Polish airport infrastructure
Aquisition of Baltona S.A.
Transaction advisor to PPL
Warsaw, March 2020
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
Szczecin, October 2020
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.
Bilbao, November 2020
SMART FACTOR SP. Z O.O.
Smart City technology developer
Sale of 85% shares to a private investor
Exclusive transaction advisor to the Seller
Warsaw, June 2019
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
Warsaw, July 2019
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
Warsaw, August 2019
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
Warsaw, December 2019
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.
Warsaw, April 2019
BIOTREM SP. Z O.O.
Producer of biodegradable tablaware and packaging
Second round of financing
Exclusive transaction advisory to Biotrem sp. z o.o.
Warsaw, August 2018
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.
Warsaw/Poznan, January 2018
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.
Warsaw, announced in April 2017
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
Warsaw / Tokyo, January 2017
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.
Warsaw / Lewkowiec, December 2016
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
Warsaw, August 2016
Metrohouse 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
Warsaw, April 2016
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
Paris / Astana, October 2014 – February 2016
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
Warsaw, February 2016
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.
Warsaw, November 2015
POLSKIE INWESTYCJE ROZWOJOWE S.A.
Polish sovereign wealth fund
Commercial due diligence of an investment project in the transportation sector
Advisor to PIR
Warsaw, November 2014 - January 2015
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
Warsaw, September 2015
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
Warsaw, July 2015
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
Warsaw, September 2015
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
Warsaw, February 2015
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.
Aarhus, April 2015
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
Poland, March 2013 – January 2014
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
Hamburg, May 2014. Petersburg, May 2013. Baveno, May 2012
LOTTE WEDEL S.A.
Leading Polish confectionery producer
Fairness opinion
Warsaw, March 2014
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
Warsaw, 2014
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
Warsaw, October – November 2013
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.
Warsaw, March 2013
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.
Warsaw, October 2013
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.
Warsaw, March 2013
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.
Rąbień, Maj 2013
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
Warsaw, August – October 2012
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
Warsaw, September – October 2012
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
Warsaw, July – August 2012
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.
Cracow, March 2012
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
Wronki, September – October 2012
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
Ukraine, November 2011 – Jan 2012
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
Warsaw, December 2011
MOSTOSTAL BIAŁYSTOK SP. Z O.O.
Construction Company
Formulation of corporate strategyfor 2012 – 2016 Facilitation of debt financing
Project sponsored by the Management Board
Warsaw, December 2010 - February 2011
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.
Warsaw, March 2010
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
Warsaw, October 2009
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
Warsaw, June 2009
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.
Warsaw, July 2009
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
Warsaw, March 2008
Pronet, IT net
Leading local ISP operator
USD 7.7 million Merger
Exclusive financial advisor to both sides in merger process
Warsaw, June 2008
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.
Warsaw, July 2008
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
Warsaw, May 2008
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
Warsaw, January – August 2008