Leroy si Asociatii advises Lactalis on the acquisition of Covalact
Bruno Leroy, Andreea Toma, Eleonora Udroiu - Leroy si Asociatii

Leroy şi Asociaţii advised French group, Lactalis, on the successful acquisition of Covalact S.A., one of Romania’s top dairy producers.

The Leroy şi Asociaţii team, consisting of Bruno Leroy (Partner), Andreea Toma (Partner) and Eleonora Udroiu (Partner), advised the French group on all transactional and regulatory aspects of the deal. This involved drafting and negotiating the transaction documents, obtaining the antitrust clearance and negotiating the commitments requested by the Romanian Competition Council.

"We are proud to have offered high quality legal counsel to Lactalis for more than 10 years and to have supported them on the largest transactions in the Romanian dairy market. We appreciate the opportunity to have worked with Lactalis on this high-caliber acquisition, which strengthens our client's leading position in the market and adds value to our Corporate, M&A practice," said Bruno Leroy, Founding Partner of Leroy şi Asociaţii.

Leroy şi Asociaţii also advised Lactalis on the acquisition of Albalact in 2016, taking part in the first significant voluntary takeover bid ever carried out on the Bucharest Stock Exchange and subsequently provided legal counsel to the French group in the squeeze out of the minority shareholders of Albalact.


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