GESSEL advised Bank Gospodarstwa Krajowego on the financing of the management buyout of the Jutrzenka group

GESSEL advised Bank Gospodarstwa Krajowego in connection with the provision of multi-million debt financing for the leveraged management buyout of shares in the Jutrzenka group companies, one of Poland’s leading confectionery manufacturers, as well as for the refinancing of a production facility and the financing of the group’s general corporate purposes. As a result of the transaction, Maciej Tryt, CEO of Jutrzenka Dobre Miasto sp. z o.o., became the majority shareholder of the company.

Jutrzenka Dobre Miasto was established in 1956 and specialises in the production of fudge, chocolate-covered plums and other confectionery products, exporting to more than 50 countries. In 2024, the company recorded revenue of approximately PLN 323 million.

GESSEL provided comprehensive legal advice to Bank Gospodarstwa Krajowego, including structuring the financing, and preparing and negotiating the financing and security documentation, as well as advising on the closing of the transaction.

“Management buyout financing transactions require a combination of expertise in banking, acquisition finance and security structures. We are pleased to have advised Bank Gospodarstwa Krajowego on this transaction involving a well-established Polish manufacturing company”, said Małgorzata Badowska, Partner at GESSEL.

The GESSEL team included Klaudia Krawiec Guz, Marcin Iwaniak, Patrycja Godlewska and Elena Pawlikowska. The transaction was supervised by Małgorzata Badowska.

Contact:

Mariusz Świetlik

Marketing and Business Development Director

+48 22 318 6901

m.swietlik@gessel.pl

About GESSEL:

For over 30 years, GESSEL law firm has been a trusted partner for the business community both in Poland and internationally, offering a client-centric approach which adapts legal services to unique needs. By supporting clients at every stage of their company’s journey, from initial investments and day-to-day operations, through to strategic growth, tax structuring, and dispute resolution, GESSEL has earned a reputation as a comprehensive legal advisor committed to delivering efficiency and success.

Drawing on extensive experience across various sectors – including finance, construction, real estate, food and beverage, transportation, retail, pharmaceuticals, energy, and IT – the firm is well-equipped to address the most demanding business matters, but also high-stakes litigation and complex arbitration proceedings. This versatility is reflected in GESSEL’s consistent presence at the top of both national and international legal rankings, underscoring the enduring trust its clients place in its expertise.

A nearly 100-member team is renowned for delivering practical legal solutions that safeguard client interests, while also driving their projects forward with speed and precision. By combining multidisciplinary knowledge with a deep understanding of the business world, GESSEL ensures that every client benefits from comprehensive advice that supports their vision for success.

Detailed information, including achievements and ranking positions, is available at www.gessel.pl.

You can find our Warsaw, Poland member firm’s contact details here.