Costin Tărăcilă (Managing Partner) and Alina Stăvaru (Counsel)

RTPR Allen & Overy has advised the shareholders of A&D Pharma on the sale of the entire group to the pharmacy network Dr. Max owned by Penta Investments. The transaction is subject to approval by the Competition Council.

Muşat & Asociaţii Law Office advised investment fund Penta Investments in the acquisition, as reported by Which Lawyer here.

A&D Pharma group is the largest pharma group in Romania, operating wholesale, retail and marketing & sales services for pharmaceutical products and it also has operations in CEE.

The RTPR Allen & Overy team of lawyers which assisted A&D Pharma in relation to this project included Costin Tărăcilă (Managing Partner), Alina Stăvaru (Counsel) and Mihnea Radu (Junior Associate), and further included lawyers from Allen & Overy’s Amsterdam, Prague and Milan offices. The shareholders were assisted by two of the most prominent M&A consultants on the market, Radu Stoicoviciu and Raluca Niță.

Robert Popescu, A&D Pharma’s CEO declared: “We would like to thank Costin Taracila and RTPR Allen & Overy for their support. It was a real pleasure and we felt genuinely comfortable to have on our side some of the best M&A lawyers on the market and I am sure that the impressive expertise and energy of their team helped us conclude this transaction successfully.”

“I would like to congratulate A&D Pharma’s shareholders for the success of this deal and to thank them for putting their trust in RTPR Allen & Overy one more time. We believe that the secret of this successful transaction was an ideal combination between several decisive factors among which a profitable business, visionary founders and an exceptional management, which taken together led to this year’s largest transaction in the pharma industry. We are happy we had the chance to contribute to this huge success which marked the end of a year with many achievements for our team and stunning deals.”, Costin Taracila declared.

“We are honoured and happy to have advised A&D Pharma’s shareholders on this extremely intense and complex deal and we would like to thank them for the excellent collaboration throughout the whole process.”, Alina Stăvaru declared.