Wiercinski Kwiecinski Baehr and Wolf Theiss, working with Fredrikson & Byron, have advised Odyssey Investment Partners and its portfolio company PIP Global Holdings on the acquisition of Industrial Starter and its local subsidiaries in Europe. Perez-Llorca and Chiomenti Studio Legale reportedly also advised the buyer. Adacta reportedly advised the seller.
Protective Industrial Products Global Holdings specializes in hand protection and personal protective equipment for the industrial, construction, mining, and retail markets. The company is present in 35 locations around the world.
Italy-headquartered Industrial Starter is a personal protective equipment, workwear, footwear, and fall protection provider. The company has operations in Spain, Italy, Poland, and the Czech Republic.
"Industrial Starter is an ideal partner to join the PIP Global family," PIP Global Holdings CEO Joe Milot commented. "This union enables us to significantly expand our operations in southern and eastern Europe by adding strong people and a solid infrastructure that includes more than 20,000 square meters of warehouse space. The business and operational functions of Industrial Starter are very efficient and, as such, we do not anticipate any major changes."
The WKB team was led by Partner Anna Wojciechowska and included Counsel Klaudia Fratczak-Kospin, Attorneys-at-Law Marta Czarnecka, Magda Kurowicka, and Piotr Popielarski, Advocates Joanna Ksepko and Piotr Gajek, and Lawyers Katarzyna Wojcikowska, Marcin Lorenc, Julia Jewgraf, and Marta Wasik.
The Wolf Theiss team was led by Prague-based Counsel Tereza Naucova and included Senior Associates Sabina Krajickova, Katerina Kulhankova, and Michal Matous, Associate Dominik Havlis, as well as Bratislava-based Counsel Bruno Stefanik.