March 01, 2017 14:27
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 »
February 14, 2017 13:05
Mușat & Asociații assisted Mecaplast Group, one of the most important car components manufacturers in the world, for the purpose of expanding its business in Romania, by means of a „brownfield”-type investment.  The value of the project reaches approximately EUR 10 million and involves the inauguration of a plant in Romania, between Pitești and Mioveni, in 2017, destined to the manufacturing of car components for the new Duster. The investment in Romania involves all the industrial means necessary to develop new businesses, especially for engine parts and interior and exterior painted parts/elements....more »
February 07, 2017 16:57
Romanian private healthcare services market leader MedLife continues it's expansion with the acquisition of Anima clinics network, the company announced. The Anima network consists of six clinics, one laboratory and had a turnover of 5,2 million euro in 2016. ...more »
December 22, 2016 06:39
RTPR Allen & Overy has advised Raiffeisen Bank and Wood & Company Financial Services as managers on Med Life’s IPO, the biggest private IPO in Romania. The RTPR Allen & Overy team was led by Costin Tărăcilă (Managing Partner) and Loredana Chitu (Boeru) (Counsel) and further comprised associate Tudor Năftică and junior associate Mihnea Radu....more »
December 15, 2016 11:58
RTPR Allen & Overy has advised the Japanese group Asahi Group Holdings, Ltd. on the acquisition of Ursus Brewery, one of the largest beer producers in Romania. The transaction in which Asahi group purchased the SAB Miller beer producers in the region covers five markets – Romania, Poland, Czech Republic, Slovakia and Hungary – and is estimated to be the largest M&A transaction in Romania this year. The seller is Anheuser-Busch InBev SA/NV. Suciu Popa was the local legal adviser for the seller, Ursus Brewery....more »
December 15, 2016 11:44
Musat & Asociatii has assisted Emerson SRL, a subsidiary in Romania of Emerson Electric on the separation of the activity of Emerson Network Power toprepare it's transfer to the US investment fund Platinum Equity . The transaction was conducted globally and has a value of around 4 billion USD. Emerson reported sales of $ 4.4 billion globally for the Network Power business during 2016. ...more »
November 24, 2016 14:35
RTPR Allen & Overy has advised the private equity fund Enterprise Investors in relation to the sale of Profi supermarket chain to Mid Europa Partners, in the largest deal ever completed by a private equity fund in Romania and the largest deal in the retail sector in the country’s history. The transaction is subject to approval by the Competition Counsel. ...more »
October 31, 2016 13:25
MJ Maillis, the company known for industrial packaging solutions and complete end of line solutions, sold its production facility located on the Bucuresti – Târgoviște road to the plastics manufacturer Prodplast SA in a transaction of over 1.5 million EUR. The seller was assisted in this transaction by law firm Peli Filip. The assistance included organizing the due diligence analysis on the vendor side, independent due diligence investigations, negotiations and assisting with all other transactional aspects....more »
October 07, 2016 09:35
Two private postal and courier companies changed hands in a transaction amounting to several million euros as estimated by market sources. Romanian entrepreneur Octavian Radu, owner of retailer Diverta acquired Total Post and Post Master aiming to form a larger entity that would become a direct competitor to the national postal company Posta Romana. Nestor Nestor Diculescu Kingston Petersen assisted Post Master in this transaction while Octavian Radu hired Peli Filip to assist in the purchase....more »
September 30, 2016 11:42
Macroeconomic stability has brought positive sentiment in the business outlook and gave investors confidence to implement development strategies. This was best reflected in the market for M&A in 2015, where Romania registered a consistent growth of over 23 percent compared to 2014, climbing to a total value of over 3 billion Euro and 123 transactions, according to the Romanian Barometer of M&A, published by EY, placing Romania among the most active markets in Central and South-Eastern Europe. ...more »
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