Bank Polska Kasa Opieki S.A. finances acquisition of Lonia by Studenac

DTB’s banking & finance team supported BANK POLSKA KASA OPIEKI S.A., the second largest Poland-based commercial bank, in all Croatian-law related aspects of financing Studenac’s acquisition of Lonia Trgovina d.o.o. 
DTB’s team acted alongside Clifford Chance (Warsaw office) in providing complete advice to Studenc’s financiers on this cross-border acquisition financing transaction.

By the said acquisition Studenac has confirmed its position as the leading retail chain in terms of the number of stores in Croatia (more than 1,000) and now has more than 5,500 employees at its service.