RTPR Allen & Overy has advised private equity fund ADM Capital on the sale of Brikston Construction Solutions S.A. (previously Ceramica S.A.) to the Austrian group Wienerberger. The transaction is subject to approval by the Competition Council.

Brikston Construction Solutions S.A. is one of the major players on the masonry and finishing materials market in Romania, with over 200 employees in the factory in Iasi.

The RTPR Allen & Overy team of lawyers which assisted ADM Capital on this deal was coordinated by Costin Tărăcilă (Managing Partner) and Andrei Mihul (Managing Associate), and further included Roxana Ionescu (Counsel), Laurențiu Tisescu (Associate) and Bogdan Nae (Junior Associate).

“The sale of Brikston is another example of successful Romanian business, which we had the chance to “sell” in 2014 as well, at that time we also assisted the seller, another well-known private equity fund Advent International who sold to ADM Capital paving the way for this deal.” Costin Taracila declared.

According to Andrei Mihul, who is currently working from Iasi, all transaction documents were agreed in only two meetings between the seller and the buyer.

The buyer, was assisted in this transaction by KPMG and bpv Grigorescu Stefanica.