M&A
March 23, 2016 23:14
Carpatica Asig SA, the insurance company that now makes object to several intervention measures on the basis of insurants’ resolution and redressing law, was acquired by International Insurance Consortium, an investments company from the Netherlands, with a focus on the insurance companies from Eastern and South-Eastern Europe. IIC was represented by Wolf Theiss in this transaction. The team of lawyers led by Ileana Glodeanu claims the transaction to have been a true challenge, considering the suspensive conditions, certain criminal law ramifications, the changes in the legislation in the past months and, finally, regulations on the way to be enacted. The seller was advised by a team of lawyers led by Dumitru Rusu from Voicu Filipescu....more »
March 08, 2016 14:22
bpv Grigorescu Ştefănică advised the Chinese company Ningbo Joyson Electronic Corporation (Joyson Electronics) in a transaction valued at $920 million, by which the company acquired Key Safety Systems. This is one of the largest transactions in the automotive sector of the early 2016.
Joyson Electronics, one of the world’s leading suppliers of automotive components, has signed the agreement for the acquisition of the auto supplier Key Safety Systems. Key Safety Systems, a US manufacturer of security systems for the automotive industry, such as airbags, steering wheels, seat belts, is operating in 32 locations around the world, including Romania, where it is present with facilities in Arad and Hunedoara. ...more »
February 01, 2016 15:50
Local law firm RTPR Allen & Overy
advised the private equity fund Enterprise Investors in relation to
the sale of Smartree Romania, an important player on the market
providing outsourcing payroll and personnel administration process
services. RTPR Allen & Overy assisted
Enterprise Investors in relation to several transactions such as the
exit from Siveco Romania, the acquisition of Macon and Simcor or the
acquisition and subsequent sale of Artima. ...more »
January 28, 2016 16:09
Țuca Zbârcea &
Asociații assisted McDonald’s in a complex transaction finalised
on 22 January 2016 whereby the shares of McDonald’s System of
Romania, Inc., a Delaware company which owns its Romanian subsidiary
were sold to Premier Capital SRL, a subsidiary of the Maltese company
Premier Capital plc. The transaction also included a franchise
pursuant to which the former Romanian subsidiary of McDonald’s will
continue to operate the restaurants and use the McDonald’s brand, a
developmental licensee concept previously implemented by McDonald’s
with Premier Capital group of companies in several other countries
(Malta, Greece and the Baltic countries).
The team of lawyers
at Țuca Zbârcea & Asociații involved in the project included
Cornel Popa (Partner) and Andreea Lisievici (Managing Associate), who
have assisted McDonald’s in the negotiation, execution and closing
of the transaction documents.
The buyers, Premier Capital and Daniel Boaje, were represented in this transaction by Musat & Asociatii...more »
October 28, 2015 10:50
...more »
August 25, 2015 16:34
Polish juice manufacturing group Maspex
Wadowice has acquired Romanian mineral water producer Rio Bucovina,
the transaction being subject to approval by the Competition Council.
Rio Bucovina is the second largest
manufacturer of water in terms of...more »
June 30, 2015 11:57
Investment fund Abris Capital grows it's investment portfolio in Romania with the acquisition of tissue paper manufacturer MG-Tec. The transaction is subject to sell a stake in the paper division of MG TEC Group, which includes companies Pehart Tec, Metalicplas Distribution, Metalicplas Impex and Samus Constructii....more »
June 29, 2015 16:27
Dentons assisted AmRest in acquiring the two Starbucks franchises in Romania and Bulgaria. For AmRest this acquisition is the entryway into the Romanian market – the second in size in Central Europe - and will strengthen its leadership position in the region. AmRest will now operate 18 Starbucks coffee shops in Romania, and 5 in Bulgaria. ...more »
June 09, 2015 16:37
Law firm PeliFilip assisted Tiriac Holdings Ltd. on the sale of the 45% stake in UniCredit Tiriac Bank to the bank's majority shareholder, the Italian group UniCredit. This represents the largest transaction of the year in the banking sector. ...more »
March 25, 2015 13:43
The Technology, Media & Telecommunications team of Wolf Theiss Rechtsanwälte has assisted George Butunoiu, the owner of Restograf.ro in the sale of all rights of the website to Skin Media, Nikon's distributor in Romania....more »
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