RTPR advises Romcim on the acquisition of Bauelemente, with Schoenherr advising on merger clearance and FDI

RTPR has assisted Romcim S.A. in relation to the acquisition of Bauelemente Reinvest S.R.L. and its fully owned subsidiary, Bauelemente S.R.L., the market leader manufacturer of prefabricated reinforced and prestressed concrete in Romania. Romcim, part of the CRH Group, is one of the largest suppliers of cement, aggregates and concrete for the construction sector in Romania. With this transaction, Romcim adds three production facilities to its Romanian business, located in Bolintin Deal (Giurgiu), Cristian (Sibiu), and Aricestii Rahtivani (Prahova).

Schoenherr advised Romcim on the FDI filing and obtaining merger clearance from the Romanian competition authority in connection with the transaction. 

The RTPR team that provided advice on this project was coordinated by Mihai Ristici (Partner) and Cezara Urzica(Managing Associate), and further included Diana DimitriuAna Maria Barbu (Senior Associates), Andrei TosaCodrina Simionescu (Managing Associates), Serban Halmagean (Associate), Flavia MincuFilip Marinau, Irina Marinescu, Maria Luca and George Capota (Junior Associates).

The Schoenherr team advising Romcim on this matter was coordinated by Georgiana Bădescu (Partner) and included Cristiana Manea (Senior Attorney at Law), Darius Trușculete (Attorney at Law) and Ștefana Andronachi (Associate).

We are honoured to have assisted Romcim in this acquisition and we would like to thank them for putting their trust in our team. We are proud of our M&A team’s achievements who have earned its reputation and experience in the most complex and sophisticated transactions on the market”, declared Mihai Ristici, Partner of RTPR.

I am happy to have contributed to this transaction together with the entire project team – clients and colleagues. I would like to thank everyone for their professionalism and dedication, together we managed to successfully close a new important deal in the most favourable circumstances. Congratulations to the Romcim team and good luck going further”, said Cezara Urzica, Managing Associate at RTPR.

"We are glad to have once again been alongside Romcim in their competition and foreign trade projects in Romania. Congratulations to the parties and thank you to everyone involved – in-house counsels, as well as their external consultants – for the excellent collaboration." said partner Georgiana Bădescu, who led the legal services provided by Schoenherr to Romcim in this matter.

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