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ARTICLE · 15 MARCH 2023

Additional COVID-19 Pandemic M&A Clearance In Poland - Is It Really Necessary?

DeBenedetti Majewski Szczesniak Kancelaria Prawnicza Sp. K.
DeBenedetti Majewski Szczesniak Kancelaria Prawnicza Sp. K.
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DeBenedetti Majewski Szczesniak Kancelaria Prawnicza Sp. K.

DeBenedetti Majewski Szczesniak Kancelaria Prawnicza Sp. K.

DeBenedetti Majewski Szcześniak (DMS) is a Warsaw-based boutique law firm advising domestic and...

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The COVID-19 pandemic has had a negative impact on the global economy, including the M&A market.

PolandAntitrust/Competition Law

The COVID-19 pandemic has had a negative impact on the global economy, including the M&A market. The consequences of the pandemic are visible at every stage of the currently conducted M&A transactions in Poland, which now tend to look very different from what we were used to. The worse profitability of Polish companies during the pandemic combined with strong competition on the market, and now the Russia's invasion of Ukraine have led to an increased focus on price on the sellers' side, all of which, as a strange result elevate the risk of mass takeovers of companies operating in Poland by foreign entities.

Polish Act on the Control of Certain Investments - reason for changes

The pandemic raised questions in Poland regarding the extent and the period during which these negative consequences could influence the standing of businesses, their ability to continue transactions and investments which were underway, and their ability to start new ventures. In order to

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