JAF Group AG acquired of 100% of shares in DLH Global S.A. JDP advised on the transaction.

The Austrian wood trader and distributor, JAF Group AG, has successfully closed the transaction of the acquisition of 100% of shares in the Polish target DLH Global S.A.

JAF Group AG is a manufacturer of flooring, boards and various timber for construction and is active in Europe and Asia.

DLH Global S.A. is an international manufacturer of wooden products, boards, furniture and tabletops and was part of the holding DUKA-Group.

The complex transaction involved obtaining competition clearance in Poland as well as a simultaneous real property transfer.

JAF Group AG was advised by JDP’s M&A and Real Estate teams –  Marcin Chomiuk, PhD (Partner), Marcin Lewiński (Counsel, M&A), Anna Nowodworska (Senior Associate), Maciej Chrzan, LL.M. (Partner), Michał Urbański (Counsel) and Dominik Grzegorzewski (Associate).

The sellers, represented by Radoslaw Jan Kaczmarek, Group CFO, were advised by Karolina Kocemba (Tomczak&Partnerzy) and Michał Portalewski (Excalibur Capital).