CMS has advised on the sale of Jantoń S.A. Sp.k., Poland’s leading producer of alcoholic beverages based on grape and fruit wines, to the Polish Enterprise Fund VII, a private equity fund managed by Enterprise Investors. The transaction was closed on 7th September.
Jantoń’s core products are wines, ciders and FABs (flavored alcoholic beverages) with an alcohol content of up to 22%. Led by a strong and competent management team, in 2016 the company generated revenues exceeding EUR 40 million. Jantoń operates from a modern production plant and has a state-of- the art warehouse, both located in Dobroń, central Poland.
Enterprise Investors, one of the largest private equity firms in Central and Eastern Europe, has been active since 1990. The firm has raised eight funds with total capital exceeding EUR 2 billion. These funds have invested EUR 1.7 billion in 138 companies across a range of sectors and exited 124 companies with total gross proceeds of EUR 3.4 billion.
The team of CMS lawyers working for the sellers included Marek Sawicki, partner and head of Corporate Department and Mateusz Baszczyk, lawyer, from Warsaw CMS office.