M&A
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RTPR Allen & Overy has advised the shareholders of A&D Pharma on the multijurisdictional sale of the group to the pharmacy network Dr. Max owned by Penta Investments. The transaction which was signed at the end of last year was closed in Amsterdam on April 19, 2018....more »
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Unilever takes over local ice cream maker Betty Ice, one of the most important players on the on the local ice cream producers market.
Betty Ice owns a factory in Suceava with a capacity of 120 tons a day and has its own stores in some important cities as well as a network of over 100 distribution kiosks all over the country. Betty Ice was founded 25 years ago and its turnover in 2016 reached 40 million euros, up 10% from 2015....more »
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Mușat & Asociații is part of the legal team advising Spectrum Brands Unit, a $5 billion consumer products company, in connection with the $2 billion sale of its global battery and portable lightning business to Energizer Holding Inc., one of the world's largest manufacturers of primary batteries and portable lighting products. The transaction is expected to close before the end of the year, subject to regulatory approval....more »
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Muşat & Asociaţii Law Office advised investment fund Penta Investments in the acquisition of the A&D Pharma pharmaceutical group by the Dr.Max international pharmacy chain, while law firm RTPR Allen & Overy has advised the shareholders of A&D Pharma on the sale, as reported here by Which Lawyer....more »
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Wolf Theiss assisted Revetas Capital Fund II and a Cerberus Capital Management group, L.P. in terms of the acquisition of a top hotel complex in Bucharest with a total area of 86,000 sqm.
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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....more »
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RTPR Allen & Overy has advised private equity firm Enterprise Investors on the sale of Macon group to Xella Group.
The RTPR Allen & Overy team of lawyers involved in this project was coordinated by Costin Tărăcilă (Managing Partner) with significant support from Andrei Mihul (Managing Associate) and further included lawyers from the Bucharest and London offices.
Law firm Popovici Nitu Stoica & Asociatii advised Xella in the transaction....more »
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PeliFilip assisted the British group, Kingfisher PLC, one of the largest European DIY chains present in Romania through the Brico Depot brand, in the acquisition of Praktiker România, which currently operates 26 units and is one of the largest DIY retailers in the country. Last week, the acquisition of Praktiker by the Kingfisher Group was successfully completed.
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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....more »
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PeliFilip assisted the leading European real estate developer UBM in the selling of a logistic park to CTP. The transaction was concluded in September, the value of the investment reaching EUR 17.1 million.
Developed by UBM from 2007 untill 2009, The Chitila Logistics Park (CLP) has a strategically advantageous location and is well-connected to the west of Bucharest. The rentable areas span from 1,750 m² to up to 45,000 m² and can be used for storage, distribution and light industry activities....more »