Global law firm Norton Rose Fulbright has advised Fortum Holding BV on the acquisition of more than 90 per cent of Grupa Duon SA. Grupa Duon SA is a leading independent Polish supplier of electricity and natural gas, listed on the Warsaw Stock Exchange (WSE). The deal is worth approximately EUR 100 million.
Fortum Holding BV, part of Grupa Fortum, is a multinational energy company. It has operations focused primarily in the Nordic and the Baltic countries and Russia. The group has had a presence in Poland since 2003 as both a heat and power producer, and thermal energy distributor. Through Grupa Duon, it wants to expand its power services offering in the Polish market.
The team in Warsaw was led by Paweł Bajno (co-head of the M&A practice group, Warsaw), and Rafał Hajduk (head of the energy team, Warsaw). The team was assisted by of counsel Adam Kozłowski, of counsel Dr. Piotr Milczarek, senior associate Grzegorz Filipowicz, and associate Michał Błaszkiewicz.
For further information please contact:
Dorota Zamorska, Office Manager
Tel: +48 22 581 4912
Notes for editors:
Norton Rose Fulbright is a global law firm. We provide the world’s preeminent corporations and financial institutions with a full business law service. We have more than 3800 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.
Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.
Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.
For more information about Norton Rose Fulbright, see nortonrosefulbright.com/legal-notices.
Law around the world