CDZ Legal Advisors has advised the funds managed by TFI Capital Partners on a financial investment in the Piotr & Paweł Group, a Polish supermarket chain operating 145 stores.

CDZ developed and negotiated the transaction documentation that was finalized on 22 February 2018 and came into force immediately, as the investment was made by a financial institution and no clearance of the Polish antimonopoly office was required.

Since November 2017 the Piotr & Paweł chain has been looking for a strategic investor to ensure stability in relations with business partners and financial institutions. TFI Capital Partners’ investment offers financial support during the process of selecting an industry investor.

The team of CDZ lawyers advising on the transaction was led by partners Maciej Kotlicki and Aleksandra Szyszko-Kamińska specializing in M&A deals, including for investment funds.