On July 3, 2018 Construcciones y Auxiliar de Ferrocarriles, S.A. ("CAF"), a multinational group with over 100 years of experience in the supply of comprehensive transit solutions positioned at the forefront of technology for high value added sustainable mobility, announced its strategic investment in Solaris Bus & Coach S.A.
Solaris, established in 1996, is a global supplier of conventional and electric buses with presence in over 600 cities in 32 countries. With an annual turnover of close to EUR 450 million, it has two production plants in Poland in the cities of Bolechowo and Sroda, and a workforce of more than 2,300 people.
The completion of the transaction is subject to the approval of the relevant Polish and German competition authorities and other customary conditions.
The basis of the successful sales process has been the established cooperation between Willkie and its Polish partner firm Sołtysiński Kawecki & Szlęzak ("SK&S").
The Willkie team was led by Dr. Maximilian Schwab and Mario Schmidt (both Corporate, Frankfurt) and included partners Patrick Meiisel (Tax, Frankfurt) and Susanne Zuehlke (Antitrust and Competition, Brussels/ Frankfurt), and associates: Matthias Schudlo, Lukas Nein and Dr. Andreas Sandberger (all Corporate, Frankfurt).
Willkie Farr & Gallagher LLP is an international law firm, comprising more than 650 attorneys with offices in New York, Washington, Houston, Paris, London, Milan, Rome, Frankfurt and Brussels. The headquarters are in New York, 787 Seventh Avenue, Tel.: 001 212 728 8000.
The SK&S team was led by senior partner Krzysztof Pawlisz (Corporate, Warsaw) and included partners Piotr Andrzejak (Tax, Warsaw) and Krzysztof Kanton (Antitrust, Warsaw), and associates Andrzej Motyka, Agnieszka Skowronek, Karol Skibniewski, Anna Bartosiewicz (all Corporate, Warsaw), Bartłomiej Biały, Jędrzej Figurski (both Tax, Warsaw), Maciej Zwoliński (Litigation, Warsaw), and Grzegorz Koguciuk (Antitrust, Warsaw).
Established in 1991, SK&S currently employs over 135 attorneys and is one of the leading law firms in Poland, serving both Polish and foreign businesses.
Frankfurt am Main, July 3, 2018
03.07.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
