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Press release
16 Feb 2023
EY Polska acted as the financial and tax advisor to Telko Oy
EY Polska acted as the financial and tax advisor to Telko Oy (“Telko”), a subsidiary of Aspo Oyj, on the acquisition of ELTREX spółka z ograniczoną odpowiedzialnością spółka komandytowa and ELTREX spółka z ograniczoną odpowiedzialnością (“Eltrex”), providing extensive transaction advisory services.
Eltrex is a distributor of specialty chemicals and industrial packaging materials. The company's wide offering includes raw materials for coatings, flooring and household chemicals industries.
The transaction will help Telko to enhance its scale of operations in chemical business in Poland. Telko has already plastics distribution in Poland, but no significant business in chemicals before this transaction.
Members of the EY team that have advised on the transaction process:
- Financial advisory: Mateusz Zamiara, Radosław Wala, Kabir Judge, Oliwia Kaźmierczak, Joanna Sitarz and Adam Stępniak
- Tax advisory: Lukasz Jeskiewicz, Judyta Jańczuk, Bartosz Róg