“Śnieżka” Paints and Varnishes Plant S.A. cooperated with FORDATA sp. z o.o. (formerly Mergers Net sp. z o.o.) in connection with negotiations carried out by Śnieżka and its shareholders with one of the world leaders in the coatings production. The negotiations were held with regards to future cooperation between Śnieżka and the strategic Investor together with possible purchase of Śnieżka’s shares by the Investor.
The system provided by FORDATA was used to share Company’s confidential documentation with the Investor in order to conduct Due Diligence.
In our opinion Virtual Data Room (VDR) is a perfect solution for safe distribution of huge number of information. As a party who provided confidential data, we were able to fully control the flow of information. The Investor was provided with a comfortable and intuitive tool which made it possible to learn the Company’s documentation thoroughly.
To us it is of a paramount importance that it’s a turnkey application which doesn’t require any implementation on our side nor any specialized computer knowledge of a project team. The system was provided to us in a few hours after signing the contract and the whole process of Data Room organization was professionally coordinated by FORDATA team. Because the whole project was handled by FORDATA team we could focus our attention on negotiations with our potential partner without wasting a minute on the organizational side of the transaction.
We recommend FORDATA also due to their professionalism and individual approach to the customer. FORDATA’s employees were always available and able to solve any request quickly and efficiently.’
“Śnieżka” Painsts and Varnishes Plant S.A. is one of the leading paints and varnishes manufacturers in Poland (both in volume and value). Śnieżka is a modern plant employing nearly 600 people and producing each year about 90 million liters of various kinds of construction chemicals for the domestic and foreign markets.Witold Waśko Wiceprezes zarządu Fabryka Farb i Lakierów Śnieżka S.A.