Kochański & Partners advised one of the first M&A transactions on the hemp market
Kochański & Partners has advised the shareholders of Hemp Juice sp. z o.o. on the acquisition of 100% of shares by Hemply Balance Holding AB, as one of the first transactions of this type on the Polish hemp market.
Hemply Balance is a Swedish manufacturer of high-quality hemp products for intimate and personal care, hemp oil and hemp capsules, selling its products in Scandinavia. Hemp Juice is a Polish e-commerce company with a range of CBD products including supplements, cosmetics, and pet products.
Nordic Growth Market-listed Hemply Balance aims to consolidate its position as a leading player in the CBD market in Sweden and to become a significant player in Europe, which could be facilitated by the acquisition of Hemp Juice.
Our advice included negotiation of the share purchase agreement, including in particular the sellers’ representations and warranties, and the principles of the sellers’ potential liability for damages – taking into account the particular nature of the CBD industry and a foreign jurisdiction – and also comprehensive assistance in drafting executive documents, including those setting the terms of the sellers’ further cooperation with the company.
The Client was advised by Szymon Balcerzak, Partner and Head of Transaction Advisory and Analysis and Sebastian Woźniak, Associate in the Mergers & Acquisitions Practice.
Kochański & Partners is a market leader in advising the hemp industry in Poland and our advice on the acquisition of Hemply Juice is additional confirmation of our expertise in this market. Our experts have extensive experience in advising on the legalisation, use and import of CBD products for companies such as: Piclabs.eu, Ignite International Brands, Hortican Inc., Gold Green and Krynica Vitamin. For more information on our hemp industry advice, please follow this link.
The global CBD market is dynamically growing by ca. 27% annually and is expected to grow by more than USD 29 billion in 2021-2025. The Polish market of hemp products is also experiencing dynamic growth. The CBD market in Poland is forecasted to reach a value of PLN 5 billion by 2025. We encourage you to read the interview given to MyCompany by Piotr Kochański, the Managing Partner of Kochański & Partners for more information on this trend.
For more information on the transaction please read the communication by Hemply Balance.