14 December 2022
ALTO advised REMER in its acquisition by Cellnex Poland
ALTO advised REMER sp. z o.o. (“REMER“), a leader in telecommunications solutions, on the acquisition of 100% of its shares by Cellnex Poland sp. z o.o. (“Cellnex Poland“), a company of the Cellnex Group, a leading operator of wireless telecommunications infrastructure in Europe.
REMER has been active on the telecommunications investment market in Poland for more than 20 years. It is the market leader in indoor DAS (Distributed Antenna System) antenna installations. The company offers telecommunications services and solutions, management and maintenance of teletechnical infrastructure, as well as its design and construction.
“We believe that this collaboration will help us deliver even the largest and most complex projects. Together with Cellnex, we will be able to better tailor our offer for specific customers – telecommunications network operators, developers and building managers” – states REMER in an official announcement.
Cellnex Poland is a part of the Spanish Cellnex Group, a leading operator of wireless telecommunications infrastructure in Europe. Cellnex Group manages a portfolio of 138,000 base stations (telecommunications masts and antennas) in 12 countries, offering operators access to the most extensive network of advanced telecommunications infrastructure in Europe on a shared basis, thus helping to remove restrictions on new operators and improve the quality of available services in the most remote corners of the.
As part of its advice, ALTO provided both legal and tax support in the course of the transaction.
The legal team advised in particular on the preparation and negotiation of the transaction documentation. It was led by Rafał Kozłowski (Counsel & Attorney-at-law, Head of M&A/VC), supported by Jędrzej Besztak (Associate), Szymon Tyniec (Associate & Advocate), Ewa Michalska (Junior Associate) and Aleksandra Traczuk (Junior Associate).
In turn, the tax team, led by Daniel Banach (Partner & Tax Advisor), advised in connection with the reorganisation of REMER’s business involving its conversion from a general partnership to a limited liability company and the negotiation of tax issues for the transaction.
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