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27 Apr 2026

Addleshaw Goddard advises ING Bank Śląski on acquisition of 100% of Goldman Sachs TFI

"Addleshaw Goddard advised ING Bank Śląski on acquiring full ownership of Goldman Sachs TFI from Goldman Sachs, increasing ING’s stake from 45% (held since 2019 via ING Investment Holding) to 100%. Goldman Sachs TFI manages PLN 48 billion in assets; the acquisition strengthens ING Bank Śląski’s position in the investment and retirement markets and enables a broader range of ING‑branded savings and investment solutions. The Addleshaw Goddard team was led by Marcin Schulz (partner, Warsaw corporate) and included specialists across corporate, financial regulation, TMT/IP, competition and employment."

Addleshaw Goddard advised ING Bank Śląski S.A. in its acquisition of full ownership of Goldman Sachs TFI from Goldman Sachs (no other law firms were disclosed as participating). Brief description of the transaction: ING Bank Śląski acquired the remaining interest and now holds 100% of Goldman Sachs TFI, having previously acquired a 45% stake in 2019 via its subsidiary ING Investment Holding. Goldman Sachs TFI is a leading Polish asset manager with PLN 48 billion assets under management. The transaction is intended to strengthen ING Bank Śląski’s position in the investment and retirement markets and enable it to offer a comprehensive range of solutions under the ING brand. Lawyers from Addleshaw Goddard who participated (seniority and practice area as stated): - Marcin Schulz — partner (Warsaw corporate practice) - Michał Szperzyński — managing associate (corporate) - Piotr Zbyszyński — managing associate (corporate / financial regulation) - Justyna Tuleja — associate (corporate / financial regulation) - Szymon Sieniewicz — counsel (TMT/IP) - Daria Wojciechowska — senior associate (TMT/IP) Wider team: - Łukasz Burakowski — managing associate (employment) - Daniel Cousens — partner (corporate) - Monika Krzyszkowska — partner (employment) - Lena Murawska — junior associate (corporate) - Wojciech Podlasin — counsel (competition) - Marcelina Sługocka — associate (TMT/IP) - Filip Stawicki — managing associate (competition) - Yuliia Stepanyk — associate (competition) - Małgorzata Szwaj — partner (competition) - Szymon Renkiewicz — (seniority/practice not specified) - Wojciech Kobyliński — (seniority/practice not specified) - Aleksandra Kasprzak — (seniority/practice not specified)
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