CCC S.A., one of the largest manufacturers and sellers of footwear in Europe, is to take over DeeZee, a company involved in on-line sales of women’s shoes. PwC Legal has acted as DeeZee’s advisor in the process of sale of 51% (and ultimately, up to 100%) of shares. The transaction will be completed once the agreed conditions precedent are fulfilled.
The scope of PwC Legal’s services included legal support in the process of negotiation and conclusion of an investment agreement and accompanying documentation. The firm’s lawyers are also advising the company in restructuring relating to the transaction. The project team included Jacek Pawłowski, Wojciech Trzciński and Marcin Dąbrowski.
DeeZee is a company established in Krakow, which has been operating in the Polish market since 2005. It mainly specialises in on-line sales of women’s shoes for young customers. The sales are supported by versatile marketing activities. DeeZee’s accounts on Facebook and Instagram are recognised as ones of the best in Poland. The company employs approx. 50 people.
CCC S.A. is a listed company and one of the largest footwear manufacturers in Europe. The CCC Group, through its subsidiary eobuwie.pl, also operates in the footwear market in Central and Eastern Europe. The CCC Group can boast nearly 1,000 stores in 19 countries as well as its own shoe factory. It employs a total of over 12,000 people.
The legal advisor to CCC S.A. was Oleś&Rodzynkiewicz law firm.
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