bpv BRAUN PARTNERS advised CREDITAS Group on its expansion into the energy market in Poland

International law firm bpv BRAUN PARTNERS advised CREDITAS Group on successful acquisition of a 100% stake in the Polish energy group DUON, one of the largest private gas distributors in Poland. DUON Group is being acquired by CREDITAS from Infracapital, an infrastructure equity investment fund belonging to M&G Plc, one of the largest and longest established investment houses in the UK with over 90 years of experience. DUON Group currently has more than 800 kilometres of gas pipelines in Poland. Its assets include 12 networks connected to the national gas grid and it operates a fleet of 24 LNG-based cryogenic trailers and 20 gas regasification stations. DUON supplies gas to more than 11,000 customers. bpv BRAUN PARTNERS played a leading role in this international transaction and provided comprehensive legal advice and assistance in all negotiations and preparation of complete transaction documentation, including extensive due diligence and representation in acquisition financing by a syndicate of banks led by Komerční banka, a.s. The total value of the transaction has not been disclosed. Legal advice throughout the transaction was provided by the team of bpv BRAUN PARTNERS consisting of David Vosol, Pavel Vintr, David Plevka and Ivana Horáková. David Vosol, partner at bpv BRAUN PARTNERS, comments the successful transaction: "A big thank you to our entire team and to the team of the cooperating Polish law firm Domański Zakrzewski Palinka and the British law firm Watson Farley & Williams, with whom we continued our successful series of advisory services within the CREDITAS Group projects." More information about the transaction can be found here. About bpv BRAUN PARTNERS bpv BRAUN PARTNERS is one of the most prominent international law firms in the Czech Republic and Slovakia. It is also a founding member of the bpv LEGAL alliance, a close association of law firms that has been working together in Central and Eastern Europe for many years. Its team consists of 46 lawyers who offer extensive services to clients from the most important Czech, Slovak and international corporations in many legal sectors. The main activities of bpv BRAUN PARTNERS include M&A, corporate law, real estate law and tax advisory. Its specialists also provide services in the areas of intellectual property, IT, competition and employment law and represent their clients before Czech, Slovak and German courts and arbitration tribunals. For more information, please visit our website www.bpv-bp.com.