Mazars in Poland assisted Axima Refrigeration N.V. (a subsidiary of ENGIE Group) in the sale of its Polish subsidiary Thermo Systems sp. z o.o. to its CEO in a management buy-out transaction. The transaction was completed on 24 June 2021, for an undisclosed value.
AXIMA Refrigeration is the exclusive importer and distributer of Thermo King cooling units for transport temperature control and air-conditioning. Thermo King has a comprehensive range of temperature recording systems, equipped with state-of-the-art means of communication. Thermo Systems was the Polish subsidiary of Axima Refrigeration.
Jacek Byrt, Partner, Head of Financial Advisory comments this transaction – We have provided our client with comprehensive M&A support, from deal structuring, assistance in valuation discussions, SPA negotiations with the buyer and process management. Based on our support, our client was able to close the deal in a timely and efficient manner.
Yves Lacomble, M&A BU Benelux, Engie SA adds – Mazars provided professional and timely support during the M&A transaction. Jacek Byrt and his team showed high commitment and contributed to a successful completion of this deal.