As part of the engagement, we supported the client in designing an optimal transaction structure, taking into account both market conditions and strategic objectives. We also developed a comprehensive post-transaction integration strategy covering key operational and financial areas, and conducted a review of the investment agreement to identify potential transaction risks and expected synergies. Our work also included addressing the risks identified in the DD reports within the transaction documentation. In addition, we carried out a private investor test and an arm’s-length (market conformity) analysis of the transaction involving the acquisition of PKP PLK S.A. shares by the State Treasury.
The integration of both entities within a single capital group will enable more coherent and efficient management of railway infrastructure, including improved coordination of investment, maintenance and development activities. The transaction is of particular importance for investments in the Małaszewicze Cargo Terminal.
PKP PLK S.A. is the key railway infrastructure manager in Poland. Cargotor sp. z o.o. manages the Małaszewicze Cargo Terminal, comprising approximately 155 km of railway tracks and the stations of Chotyłów, Małaszewicze, Kobylany and Bór, as well as the areas of Zaborze, Wólka, Podsędków and Raniewo. The company also operates 18 freight handling points with a total track length of approximately 12 km.
