“BIO-ACTIVE DYSTRYBUCJA Sp. z o.o. decided to use Virtual Data Room (VDR) provided by FORDATA sp. z o.o. (formerly Mergers Net sp. z o.o.) in relation to the sale of its 100% shares to Herbapol-Lublin S.A.
The Company used VDR system to structure and smooth the process of sharing its documentation with interested Investor, i. e. Due Diligence.
Virtual Data Room fulfilled our expectations. The application enabled the Company to present files in a clear manner and share them securely with the Advisor and Investor. Users invited to the VDR could analyze documentation from any place using only Internet connection and a web browser.
The ability to differentiate access rights between individual Investor’s representatives invited to the VDR, turned out very convenient. Each expert’s working group got access only to these files which were significant to them. Thanks to this differentiation they were not overwhelmed with surplus of information and the analyzing process was conducted fast and efficiently.
Intuitiveness of FORDATA VDR is its great advantage. Thanks to the simplicity of using the system we had the ability to manage documents and users as well as to control the whole process in a comfortable way.
We value the cooperation with FORDATA team very much. In our opinion the whole team proved a compound and flexible attitude when running the project. In our opinion this company is highly recommendable.”
Bio-Active Dystrybucja sp. z o.o. exists on a Polish market since year 2000. It specializes in herbal and flavored tea production. Each year the Company sells over 10 million packages of tea.Tadeusz Czarniecki Vice President BIO-ACTIVE Sp. z o.o.