In brief

• Trans Polonia has signed an exclusivity agreement on negotiations for the acquisition of a transport and logistics company.
• The target has annual revenue of EUR 200 to 300 million.
• The agreement does not oblige the parties to complete the transaction, and the company's offer is non-binding.

Exclusivity agreement

Trans Polonia has entered into an exclusivity negotiation agreement with the sellers concerning a possible acquisition of a company operating in the transport and logistics sector (Trans Polonia ma wyłączność na negocjacje nabycia podmiotu z branży transportowo-logistycznej – Puls Biznesu) (Trans Polonia ma wyłączność na negocjacje nabycia podmiotu z branży transportowo-logistycznej (opis) – bankier.pl). The company announced this in a current report, and its management board is led by President Dariusz Cegielski.

During the exclusivity period, Trans Polonia remains the only party conducting due diligence, negotiations and other steps aimed at the transaction with the sellers. However, the agreement does not oblige either party to finalise the purchase, and the company's offer is non-binding.

Strategic significance

The company indicates that the acquisition has strategic importance. The target is a key logistics partner of large manufacturers in Western Europe and the United Kingdom. According to President Cegielski, the acquisition will strengthen the group's position on the international market and open the way to relationships with the most important petrochemical corporations in Western Europe.

Costs of the further process

Trans Polonia will continue due diligence and negotiations on the transaction terms. At the current stage, this entails significant expenses on the company's side.

Key parameters

• Annual revenue of the target: EUR 200 to 300 million
• Exclusivity period: until the conclusion of negotiations or termination of talks, in accordance with the agreement