The Cofresco-Group is Europe’s leading manufacturer of packing foil and food storage paper. The Group holds such brands as Toppits, Albal, Glad and Handy Bag. Cofresco products are available in most European countries.

JARA DRAPAŁA & PARTNERS sp.k. advised the Cofresco-Group on all Polish legal aspects of the project (including commercial law, labour law and environmental issues), as well as on tax matters. The team of counsels, led by Maciej Chrzan,partner, consisted of Dorota Dąbrowska, tax advisor, Michał Urbański, senior associate, and Aleksandra Blandzi, associate.

This was another complex cross-border project that our law office concluded for a client from the German legal area. Another occasion to confirm our competence regarding such undertakings – said Zbigniew Jara, managing partner of the law office. Currently we observe an increase in cross-border intra-corporate transactions, from restructuring of financing, the establishment of securities on the assets of the Polish subsidiary, through cash pooling to reverse takeovers of foreign dominant companies by their polish subsidiary – attorney Jara added.