Rymarz Zdort advises Pluralis on acquisition of 40% of shares in Gremi Media

Rymarz Zdort advised Pluralis B.V. in connection with the acquisition of 40% of the shares in Polish media company Gremi Media from KCI S.A.

The acquisition of the shares in Gremi Media by Pluralis B.V. will provide Gremi Media, along with a more diversified ownership structure, with the resources and expertise of an international media investor, and will allow the current management to maintain operational control.

Pluralis’ investment in Gremi Media is its second investment in Central Europe after taking over 34% of the shares in Petit Press, the second largest news publisher in Slovakia.

Gremi Media is a leading media group in Poland and the publisher of the Rzeczpospolita, Parkiet and Sport dailies, the monthly magazine Uważam Rze Historia, and the websites rp.pl, tv.rp.pl, parkiet.com, sport.dziennik.com and historia.uwazamrze.pl.

The transaction was led by managing partner Paweł Rymarz and partner Dr hab. Łukasz Gasiński, who was responsible for negotiations of the transaction agreement. The team included senior associate Antonina Falandysz-Zięcik from the competition and antitrust team of Rymarz Zdort, and associates Marzena Iskierka, Anna Aranowska and Sebastian Mikina.