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Gessel Advises Szopex Founders on 75% Share Sale to CCC

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Gessel has advised the Founders of Szopex on the sale of a 75% stake in the company to the CCC Group. Oles, Rysz, Sarkowicz reportedly advised CCC Group.

The transaction remains contingent on regulatory approval.

Szopex owns sportswear and footwear retailers such as SklepBiegacza, WarsawSneakerStore, and SKstore, operating both brick-and-mortar and online platforms.

According to Gessel the deal, which aligns with CCC's new strategy to strengthen its premium segment, includes a base price of PLN 27.8 million for the stake, half payable in cash and half potentially through CCC’s Modivo shares. The agreement also features a call option for the remaining 25%, contingent on Szopex’s performance in 2028.

The Gessel Team included Managing Partner Marcin Macieszczak, Partner Dominika Ramirez-Wolkiewicz, Managing Associate Aleksandra Szyszko-Kaminska, Senior Associate Emilia Szkiela, Associate Marcin Walczak, and Attorneys at Law Christian Schmidt and Agnieszka Kolenda-Kuchcicka.