Polcom Group’s Merger with Volumetric Building Companies

Rymarz Zdort advised Polcom Group on the deal.

Polcom Group closed a partial scheme of arrangement with a consortium of lenders, and in its subsequent merger with Volumetric Building Companies.

The Polcom Group is one of the leading international manufacturers of steel modular buildings. The Group has completed some of the most innovative hotel projects in North America and Europe, including world-class hotel buildings in New York, Seattle, London, Washington, and Amsterdam.

VBC is a US leader in modular construction, headquartered in Philadelphia, Pennsylvania, with offices in the United States and, through its merger with the Polcom Group, also in Europe.

The Rymarz Zdort team was led by partner Magdalena Pyzik-Walag (Picture), and was supported by Malgorzata Derus, an associate in the corporate department, a member of the M&A practice, and Hubert Derdowski, an associate in the corporate department and member of the Restructuring practice. Advice on tax aspects of the transaction was provided by Leszek Tokarski, a partner in the Tax Department, and Krzysztof Rembierz, a senior associate in the Tax Department. Real estate aspects of the transaction were handled by Piotr Drzazga, a senior associate in the Real Estate Department.

Involved fees earner: Hubert Derdowski – Rymarz Zdort; Ma?gorzata Derus – Rymarz Zdort; Piotr Drzazga – Rymarz Zdort; Magdalena Pyzik-Walag – Rymarz Zdort; Krzysztof Rembierz – Rymarz Zdort; Leszek Tokarski – Rymarz Zdort;

Law Firms: Rymarz Zdort;

Clients: Polcom Group;