Sfinks Polska S.A. (WSE:SFS) made an offer to acquire Piwarnia Warki from Grupa Zywiec S.A. (WSE:ZWC) for PLN 12 million on June 6, 2017. Under terms of the transaction, Sfinkis will pay PLN 12 million throughout 6 years and commit to minimum product sales levels and to develop the network. Sfinks Polska S.A. signed an agreement to acquire Piwarnia Warki from Grupa Zywiec S.A. on June 23, 2017. As on September 26, 2017, Sfinks requested approval from competition watchdog UOKiK which is expected in next four months. Sfinks announced that the Office of Competition and Consumer Protection (UOKiK) decided that in the case of this transaction, its consent was not needed on October 19, 2017.

Sfinks Polska S.A. (WSE:SFS) completed the acquisition of Piwarnia Warki from Grupa Zywiec S.A. (WSE:ZWC) on October 30, 2017. All conditions are fulfilled.