The EBRD recently won two mergers and acquisitions awards, including Investment Bank of the Year, which the bank won individually, and Cross-border Deal of the Year, which the bank won with other investors for the buyout of Allegro Group.
Presented at a ceremony
in Warsaw, this was the inaugural edition of the Central and Eastern Europe
M&A Awards covering 12 categories that recognized industry and
business players throughout the region.
“We are very pleased
with this recognition, and we see it as a signal to intensify our efforts to
support the Polish economy,” said EBRD Regional Director for Poland and the
Baltic States Grzegorz Zieliński. “As the economy matures and needs new tools,
so we are adapting our offering and services. It is hugely rewarding to win
recognition for this, and it will strengthen our commitment.”
The EBRD was selected
as Investment Bank of the Year by a jury of more than 30 industry professionals
who work in the region. In the deal that won Cross-border Deal of the Year, the
bank provided a subordinated second-lien loan of 92 million euros and 24
million euros in equity commitment toward the purchase of Allegro Group, which is
the largest nonfood online retailer in Poland.
In addition to the two awards
that the EBRD won, two private equity funds that the bank has invested in also
EBRD wins 2 awards for mergers, acquisitions