On 28 November 2025, the Board of Directors of Esquercus S.A. and the Management Board of C&F S.A., headquartered in Poland, adopted a cross-border merger plan. Today this merger plan was published in Recueil Electroique des Sociétés et Associations under the signature RESA_2025_267.28.
Under the plan, Esquercus S.A. will acquire C&F S.A. On the merger date, all assets, liabilities, rights, and obligations of C&F S.A. will transfer to Esquercus S.A. in line with applicable Polish and Luxembourg company law.

