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CMS advises mBank on the sale of mLocum

14 June 2017

CMS has advised mBank on the sale of 79.99% of shares in mLocum S.A, a company specialising in housing projects and property management. The new majority shareholder of mLocum will be Archicom S.A., a developer implementing housing projects, post-industrial facilities and investments in the premium sector.

The CMS team was led by Błażej Zagórski, counsel and legal advisor in the Corporate Department of CMS Warsaw. The team provided assistance to mBank at all stages of the transaction, covering legal and tax support, including drafting and negotiating key agreements.

“This transaction is yet another example of consolidation made in the property development sector. We are proud that we could support mBank with this project,” said Błażej Zagórski.

The team comprised CMS transaction lawyers: senior lawyers and advocates Julita Mazurkiewicz and Grzegorz Pączek, lawyer Małgorzata Wdowczyk, and advocate and lawyer from the Property Department Piotr Przybylski, as well as Łukasz Dynysiuk, a counsel specialising in tax advisory services, who is also responsible for client relations.