Greenberg Traurig LLP

12/02/2024 | Press release | Distributed by Public on 12/02/2024 05:29

Greenberg Traurig advised Shareholders of Shoper S.A. on the Sale to Cyber Folks S.A.

WARSAW - 2 December 2024 - Greenberg Traurig advised shareholders of Shoper S.A. on the signing of the preliminary agreement regarding the sale of the controlling stake in Shoper S.A. to Cyber_Folks S.A.

This transaction, valued at 547.5 million PLN, underscores the accelerating evolution of the Polish e-commerce industry, and constitutes one of the most significant deals in the sector announced this year in Poland.

The transaction was led by Local Partner Mateusz Zaleński together with Partner and Head of Capital Markets Practice Rafał Sieński, who were supported by Senior Associate Grzegorz Socha.

Shoper is one of the most preferred e-commerce infrastructure providers in Poland and owner of Poland's most popular e-commerce platform for running an online store in a subscription model (SaaS).

Cyber_Folks S.A. is a group of rapidly growing technology players in the area of business digitization, supporting companies - both small and large - in their online presence, business process automation, communication, marketing and sales.

Greenberg Traurig LLP

Greenberg Traurig, LLP is a global, multi-practice law firm with more than 2750 attorneys serving clients from 48 offices in the United States, Latin America, Europe, Asia, and the Middle East.

GREENBERG TRAURIG Nowakowska-Zimoch Wysokiński sp.k. was named the 2021 Poland Firm of the Year at the highly esteemed Euromoney Legal Media Group "Women in Business Law Awards 2021 Europe" and the 2021, 2019, 2018 Law Firm of the Year in Poland by International Financial Law Review (IFLR). The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of approximately 100 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Real Estate, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Dispute Resolution, TMT and Competition/Antitrust.

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