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2018-01-11
SPCG provided legal Counsel for the Angel Group during the sale of its daughter company that provided complex care for senior citizens.
The law firm SPCG provided legal counsel for the Angel Development group during the sale of Angel Care Wrocław sp. z.o.o which provided complex care for senior citizens in Wrocław, in the name of Medi-System sp.z o.o. The Sale agreement that was concluded on the 2nd of January 2018, was preceded by months of negotiations between the interested parties. To conclude the sale of shares agreement, it was necessary to agree a variety of different agreements, like a agreement to finance the investment by the buyer. The sum of the entire transaction is estimated to be in the tens of millions of złoty.

Partner of SPCG, legal counsel Piotr Kamiński, in cooperation with Partners, legal counsel Łukasz Zięcina, and legal counsel Marcin Koper, had oversight over the transaction on behalf of SPCG.

Angel Poland Group, established in 2003, is among the leading real estate developers in Poland, with investments worth over 700m EUR. It employs around 300 workers in offices in Cracow and Wrocław. The groups flag projects include: apartment complex Angel Stradom with a 5 star Marriott hotel (Autograph Collection), Skyscrapers Angel Wawel, Angel Plaza, Angel City (all in Kraków), Wilanów One (Warsaw), Skyscrapers Angel River, Angel Park, Senior Center care Angel Care Wrocław, apartment complex OVO with hotel DoubleTree by Hilton Wrocław, a 5 star boutique hotel The Granary (all in Wrocław).