Kochański & Partners advise AccorInvest Group S.A. on the purchase of 85.8% of shares in Orbis S.A.

Kochański & Partners (K&P) advised AccorInvest Group S.A. (France) on the purchase of shares in Orbis S.A. – the Polish hotel chain, from Accor S.A. and Accor Polska sp. z o.o. AccorInvest Group S.A. is one of the leading investors, owners and managers in the international hotel market.

The consulting process provided by K&P covered, in particular, a due diligence of Orbis S.A., including 46 hotels in Poland, structuring of the transaction, preparation and negotiation of an agreement for the sale of shares in Orbis S.A., as well as other transaction documentation. K&P lawyers also advised on a call to sign up for the sale of shares in Orbis S.A. via a brokerage house.

The agreement for the sale of 85.8% of shares in Orbis S.A. (owned by Accor S.A. and Accor Polska sp. z o.o.) was concluded on December 16, 2019, and a call to sign up by all shareholders of Orbis S.A. for the sale of their shares to AccorInvest Group S.A. was announced (via the Santander brokerage house) on December 17, 2019. The value of the transaction was EUR 1.06 billion.

The K&P team was led by Rafał Rapala (Senior Partner, Head of Corporate and Transactional Practice) and Paweł Cholewiński (Partner, Head of Real Estate Practice), and included: Paweł Mardas (Partner, Head of M&A Practice), Anna Gwiazda (Partner, Head of Labor Law Practice), Michał Będkowski-Kozioł (Partner, Head of Competition & Antitrust Law Practice), Marcin Rżysko (Counsel), Karol Połosak (Counsel), Kacper Czubacki (Senior Associate), Malwina Jagiełło (Senior Associate), Joanna Kośmider (Senior Associate), Sylwia Uziębło-Kowalska (Senior Associate), Aneta Serowik (Senior Associate), Sylwia Mizera (Associate), Kamil Wróblewski (Associate), Anna Golenia (Associate), Dominik Karkoszka (Associate), Tomasz Szambelan (Associate), and Magdalena Osińska (Junior Associate).

The seller was advised by the following law firms: Dentons; Weil, Gotshal & Manges; Darrois Villey Maillot Brochier and Gide Loyrette Nouel.

Aside from K&P, the buyer was advised by De Pardieu – a French law firm, and the French branch of EY.


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