{"id":5823,"date":"2017-12-06T02:47:30","date_gmt":"2017-12-06T01:47:30","guid":{"rendered":"http:\/\/pmr-restrukturyzacje.local\/pmr\/penta-negocjuje-dzierzawe-sieci-ksiegarni-matras\/"},"modified":"2017-12-06T02:47:30","modified_gmt":"2017-12-06T01:47:30","slug":"penta-negotiates-lease-of-matras-bookstore-chain","status":"publish","type":"post","link":"https:\/\/pmrsa.pl\/en\/penta-negotiates-lease-of-matras-bookstore-chain\/","title":{"rendered":"Penta negotiates lease of Matras bookstore chain"},"content":{"rendered":"

Just a year ago, with 180 stores, Matras was the second largest bookstore chain in Poland. The court dismissed the company's restructuring proceedings at the end of August, finding that there was no chance of recovery, but it may take a long time before this decision becomes final. Only then could Matras be taken over by an investor in the so-called prepared bankruptcy procedure. Deadlock? Not necessarily. Matras' new judicial administrator has plan B \u2014 wants to lease the still operating bookstores to companies<\/a> associated with the Penta Investment (PI) fund, owner of the book market leader, Empik.<\/p>\n

The sanitation of the company should be about healing its finances. In the case of Matras, the process underway since April 2017 has produced the opposite result. Revenues were steadily declining, and the chain was not only failing to pay book suppliers and companies renting its premises, but also ZUS or PFRON. Month after month, it increased its debt by several million zloty.<\/p>\n

Today Matras is less than 50 bookstores, where the wind is mostly howling. The website and online store are down. Customers companies exchange information on internet forums<\/a> about paid and unfulfilled orders, and employees \u2014 about problems with the payment of due benefits. This is the situation that the fourth judicial administrator of Matras, who recently became the company PMR Restrukturyzacje, found himself in.<\/p>\n

- Due to the fact that several creditors appealed the decision to discontinue the restructuring, our priority was to quickly secure the only value of Matras, which is the severely weakened but still operating sales network. That is why we obtained the consent of the judge commissioner to lease the entire enterprise to a consortium of companies that previously They submitted an application<\/a> about the so-called pre-pack.
\n- reports Maciej Roch Pietrzak of PMR Restructuring.<\/div>\n

Pre-pack, or prepared bankruptcy, means that a company with problems<\/a> or its creditors, together with the bankruptcy petition, submit a draft agreement for the sale of the enterprise to a specified investor for a specific price, at least equal to the expert's valuation. As we reported in October, such an application in the case of Matras was filed by a consortium of four companies: Modern Bookstore, Modern Bookstore 2, JT Doradztwo and Mole Mole. Only the last one is known on the book market.<\/p>\n

This is an Empik company which, since May 2017, has been developing a chain of smaller bookshops under the Mole Mole brand (it already has 17 of them, including in places where Matras previously operated). Members of the boards of directors or attorneys of the three other consortium members, however, are lawyers from the Komosa Imie\u0142owski law firm, known for having advised the PI fund on many investments, including the acquisition of Empik. Penta itself has been interested in Matras for at least a year.<\/p>\n

The material appeared on pb.pl:
\n<\/b>
\n3 December 2017:
\n\" Penta enters Matras through the kitchen door<\/a><\/div>","protected":false},"excerpt":{"rendered":"

Jeszcze rok temu ze 180 plac\u00f3wkami Matras by\u0142 drug\u0105 co do wielko\u015bci sieci\u0105 ksi\u0119garni w Polsce. S\u0105d ju\u017c pod koniec sierpnia umorzy\u0142 post\u0119powanie sanacyjne sp\u00f3\u0142ki, uznaj\u0105c, \u017ce nie ma szans na uzdrowienie, jednak mo\u017ce min\u0105\u0107 jeszcze sporo czasu zanim ta decyzja si\u0119 uprawomocni. Dopiero wtedy Matrasa m\u00f3g\u0142by przej\u0105\u0107 inwestor w trybie tzw. upad\u0142o\u015bci przygotowanej. Impas? Niekoniecznie. Nowy zarz\u0105dca s\u0105dowy Matrasa ma plan B \u2014 chce wydzier\u017cawi\u0107 wci\u0105\u017c dzia\u0142aj\u0105ce ksi\u0119garnie firmom powi\u0105zanym z funduszem Penta Investment (PI), w\u0142a\u015bcicielem lidera rynku ksi\u0105\u017cki, czyli Empiku. Sanacja sp\u00f3\u0142ki powinna polega\u0107 na uzdrowieniu jej finans\u00f3w. W przypadku Matrasa proces trwaj\u0105cy od kwietnia 2017 r. przyni\u00f3s\u0142 rezultat odwrotny. Przychody systematycznie spada\u0142y, a sie\u0107 nie p\u0142aci\u0142a nie tylko dostawcom ksi\u0105\u017cek i firmom wynajmuj\u0105cym jej lokale, ale te\u017c ZUS czy PFRON. Miesi\u0105c w miesi\u0105c zwi\u0119ksza\u0142a zad\u0142u\u017cenie o kilka milion\u00f3w z\u0142otych. Dzi\u015b Matras to mniej ni\u017c 50 ksi\u0119garni, w kt\u00f3rych g\u0142\u00f3wnie hula wiatr. Strona i sklep internetowy nie dzia\u0142aj\u0105. Klienci sp\u00f3\u0142ki na forach internetowych wymieniaj\u0105 si\u0119 informacjami o op\u0142aconych i niezrealizowanych zam\u00f3wieniach, a pracownicy \u2014 o problemach z wyp\u0142atami nale\u017cnych \u015bwiadcze\u0144. Tak\u0105 w\u0142a\u015bnie sytuacj\u0119 zasta\u0142 czwarty ju\u017c zarz\u0105dca s\u0105dowy Matrasa, kt\u00f3rym niedawno zosta\u0142a sp\u00f3\u0142ka PMR Restrukturyzacje. – W\u00a0zwi\u0105zku z tym, \u017ce kilku wierzycieli zaskar\u017cy\u0142o decyzj\u0119 o umorzeniu sanacji, naszym priorytetem sta\u0142o si\u0119 szybkie zabezpieczenie jedynej warto\u015bci Matrasa, kt\u00f3r\u0105 jest mocno os\u0142abiona, ale wci\u0105\u017c dzia\u0142aj\u0105ca sie\u0107 sprzeda\u017cy. Dlatego uzyskali\u015bmy od s\u0119dziego komisarza zgod\u0119 na wydzier\u017cawienie przedsi\u0119biorstwa w ca\u0142o\u015bci konsorcjum firm, kt\u00f3re wcze\u015bniej z\u0142o\u017cy\u0142y wniosek o tzw. pre-pack. – informuje Maciej Roch Pietrzak z PMR Restrukturyzacje. Pre-pack, czyli upad\u0142o\u015b\u0107 przygotowana, polega na tym, \u017ce sp\u00f3\u0142ka z problemami lub jej wierzyciele wraz z wnioskiem o upad\u0142o\u015b\u0107 sk\u0142adaj\u0105 projekt umowy sprzeda\u017cy przedsi\u0119biorstwa okre\u015blonemu inwestorowi za konkretn\u0105 cen\u0119, co najmniej r\u00f3wn\u0105 wycenie bieg\u0142ego. Jak informowali\u015bmy w pa\u017adzierniku, taki w\u0142a\u015bnie wniosek w przypadku Matrasa z\u0142o\u017cy\u0142o konsorcjum czterech firm: Modern Bookstore, Modern Bookstore 2, JT Doradztwo i Mole Mole. Na rynku ksi\u0105\u017cki znana jest tylko ostatnia. To sp\u00f3\u0142ka Empiku, kt\u00f3ra od maja 2017 r. rozwija sie\u0107 mniejszych ksi\u0119garni pod mark\u0105 Mole Mole (ma ich ju\u017c 17, m.in. w miejscach, w kt\u00f3rych wcze\u015bniej dzia\u0142a\u0142 Matras). Cz\u0142onkami zarz\u0105d\u00f3w lub pe\u0142nomocnikami trzech pozosta\u0142ych konsorcjant\u00f3w s\u0105 natomiast prawnicy z kancelarii Komosa Imie\u0142owski, znanej z tego, \u017ce przy wielu inwestycjach, m.in. przy przejmowaniu Empiku, doradza\u0142a funduszowi PI. Sama Penta Matrasem interesuje si\u0119 co najmniej od roku. Materia\u0142 ukaza\u0142 si\u0119 w serwisie pb.pl: dnia 3 grudnia 2017: \u00bb Penta wchodzi do Matrasa kuchennymi drzwiami<\/p>","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[19],"tags":[],"ppma_author":[30],"class_list":["post-5823","post","type-post","status-publish","format-standard","hentry","category-blog"],"authors":[{"term_id":30,"user_id":12,"is_guest":0,"slug":"teampmr-restructuring-pl","display_name":"Zesp\u00f3\u0142 PMR","avatar_url":{"url":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png","url2x":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/5823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/comments?post=5823"}],"version-history":[{"count":0,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/5823\/revisions"}],"wp:attachment":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/media?parent=5823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/categories?post=5823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/tags?post=5823"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/ppma_author?post=5823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}