On June 27, 2019, the Nicosia District Court approved the completion of the cross-border merger of companies, which resulted in the takeover of Polish limited companies by a Cypriot entity. The finalization of the process is the result of several months of activities of employees of the sales department and offshore department of GWP, as well as accounting specialists and a foreign law firm cooperating with us. It is worth emphasizing that from just the signing of the Joint Cross-Border Merger Plan by the management boards of the companies participating in the transaction, it took just over 3 months to approve the acquisition of Polish entities.
It has been already the 6th successful cross-border merger of companies carried out with the support of GWP.