23
Sat, Nov
57 New Articles

Greenberg Traurig Advises Bielenda on Miya Cosmetics Acquisition Financing from Polish Banks

Greenberg Traurig Advises Bielenda on Miya Cosmetics Acquisition Financing from Polish Banks

Poland
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Greenberg Traurig has advised Bielenda Kosmetyki Naturalne on the acquisition loan facility provided by BNP Paribas Bank Polska and mBank for its acquisition of Miya Cosmetics brand owner Kanani Europe. Allen & Overy reportedly advised the lenders.

Bielenda Kosmetyki Naturalne is a Polish producer of cosmetics for the face and body, as well as hair-care products. It is a portfolio company of Innova Capital.

According to Innova Capital, Kanani Europe has been owned by the family-owned investment company TDJ since 2021. "Over the past few years, TDJ, together with the company's CEO and co-owner Leszek Klosinski, have successfully worked to expand Miya Cosmetics' product portfolio, enter new distribution channels, and increase its recognition."

Two months earlier, both Greenberg Traurig and Allen & Overy advised on BNP Paribas Bank Polska and mBank's acquisition loan facility to Bielenda Kosmetyki Naturalne for its acquisition of the Torf Corporation (as reported by CEE Legal Matters on March 1, 2024).

The Greenberg Traurig team included Counsel Mateusz Koronkiewicz, Junior Associate Weronika Kopec, and Paralegal Szymon Pastuszak.