White & Case has advised Eurowag subsidiary WAG Payment Solutions on its full acquisition of Grupa Inelo from Innova Capital, European Telematics Holding, and others. Rymarz Zdort advised the sellers.
According to White & Case, the 100% Grupa Inelo share capital acquisition was done over an enterprise value of up to EUR 306 million. The transaction remains contingent on Eurowag shareholders’ approval.
Eurowag is a pan-European integrated payments and mobility platform focused on the commercial road transport industry.
Inelo is a fleet management solutions and work-time management provider in Poland and Slovenia.
One month earlier, Rymarz Zdort advised the Inelo Group on the acquisition of a majority stake in FireTMS (as reported by CEE Legal Matters on October 5, 2022).
White & Case’s team included Warsaw-based Partners Rafal Kaminski and Marek Sawicki, Local Partner Jakub Gubanski, and Associates Damian Lubocki, Adam Marszalek, Maciej Gac, and Radomir Szewczuk as well as London-based Partner Inigo Esteve.
Rymarz Zdort’s team included Managing Partner Pawel Zdort, Partners Jacek Zawadzki and Monika Kierepa, Counsel Marek Kanczew, Senior Associate Barbara Skardzinska, and Associates Monika Michalowska, Michal Lulka, Justyna Niezgoda, Kamil Klopocki, Kamila Banas, Lidia Bronicka, Marcin Banak, Marta Szczepkowska, Agnieszka Wojcik, and Szymon Marciniak.