Clifford Chance advises Aalberts on the divestment of shares in KAN

Global law firm Clifford Chance has advised Aalberts on its agreement to reduce its shareholding in KAN sp. z o.o. (KAN), a leading manufacturer and supplier of modern installation systems headquartered in Poland. KAN generates annual revenue of approximately EUR 160 million.

As part of the transaction, Aalberts has agreed with its long-term joint venture partner to reduce its ownership in KAN to 45%.

The Clifford Chance team advising Aalberts on this transaction was led by Tomasz Derda  (Counsel) and included Adam Szyndler and Julia Chodkowska (Associates). Antitrust advice was provided by Marta Michałek-Gervais (Senior Associate).