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. ...more »

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 »

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 »

Chinese group WH Group the owner of Smithfield Foods announced the acquisition of two Romanian meat processing companies, Elit and Vericom. WH Group Ltd is the world's largest pig breeding and processing company, ina strong expansion of ...more »

Maravela si Asociații assisted the American Group Standex International Corporation regarding its first investment on the Romanian market, namely the acquisition of the Romanian branch of Piazza Rossa Group. The transaction was completed at the be...more »

Leroy şi Asociaţii advised French group, Lactalis, on the successful acquisition of Covalact S.A., one of Romania’s top dairy producers.  The Leroy şi Asociaţii team, consisting of Bruno Leroy (Partner), Andreea Toma (Partner) and Eleonora Udroiu (Partner), advised the French group on all transactional and regulatory aspects of the deal. This involved drafting and negotiating the transaction documents, obtaining the antitrust clearance and negotiating the commitments requested by the Romanian Competition Council....more »

PeliFilip provided legal assistance to the Belgian real estate investment and fund management firm Mitiska REIM in the process of acquiring 11 revenue generating parks from Alpha Property Development. The existing properties are all multi-tenants...more »

A Romanian subsidiary of Daimler Mobility Services, owner of mytaxi application and one of Europe's largest e-hailing company, announced the full acquisition of Clever Taxi application, thus becoming the 11th European country in which mytaxi operates. Clever Taxi was launched in 2010 by Mihai Rotaru and Alex Dumitru and operates in 20 cities in Romania with 17,000 registered drivers and over 600,000 users. ...more »

Following this transaction, which was completed on Wednesday 19 April, Octavian Radu acquired the  control over Postmaster SRL, a former subsidiary of the Österreichische Post AG Group, respectively on Total Post Mail Services and Total Post Services SRL, subsidiaries of Zoto Investments BV....more »

Romanian M&A reached an eight-year high in deal volume with 45 deals, a spike of 41% year- on-year in volume, and a 60% jump in value with a combined deal value of €1.99bn shows a study released by Wolf Theiss and Merger Market.  The strong performance in 2016 came in spite of the political uncertainty generated by a parliamentary election in December, an indicator of the country’s growth potential, whichever party is in power. In fact, expansionist scal policy has played a central role in accelerating domestic demand, a key growth driver. A value-added tax cut from 24% to 20% in 2016 will be followed by a reduction to 19% in 2017, while there have been three increases in the minimum wage in 18 months....more »