Corporate and M&A
Most representative projects
Assisted Sodexo Pass Romania in completing its acquisition of the entire shares package of 7Card, thus becoming the largest Romanian provider of leisure, sports and wellness corporate memberships for employees. Moreover, the firm assisted Sodexo Pass Romania, in the share capital increase process by which, through a contribution in cash of Sodexo Pass International SAS, the latter became a shareholder in Benefit Seven, the company that developed 7Card.
Assisted Teva Pharmaceuticals in relation to the entire package of corporate approvals and corporate documentation required for its valid accession to the group’s receivables securitisation programme, arranged by BNP Paribas, Dublin Branch.
Assisted Teamway Mobility Solutions, a tech start-up developing the first mobile app on the Romanian market enabling corporate carpooling, in relation to the incorporation process and business set-up, including drafting and negotiating the contracts with the first corporate clients.
Assisted Liviu Munteanu, an angel investor focused on medical technology start-ups, in relation to a bridge capital investment in Oncochain Solutions NL B.V./Oncochain Solutions, a technology start-up acting in the field of medical research. The mandate included a complex due diligence process, focused on corporate/commercial, IP and data protection matters, drafting the corporate documentation and adherence to a pre-existing shareholder’s agreement between the company’s shareholders and a Netherlands-based investment fund.
Assisted Ascent Resources plc, an independent oil and gas exploration and production company, in the due diligence process for the acquisition of a Romanian company specialized in the extraction of crude petroleum.
Specialist lawyers: Stefan Botezatu, Laura Estrade.
BIRIS GORAN SPARL (see profile ...)
Assisting One United Properties, one of the leading and the most active real estate developers of premium residential compounds in Romania, with all day-to-day corporate matters for their group companies including complex corporate governance matters and restructurings.
Assisting AdStream, a leading new economy platform providing a full suite of connected solutions for brands, creative agencies, production houses and media owners, with all day-to-day corporate matters for their company including complex corporate governance matters and restructuring, as well as regulatory matters.
Assisting a leading bakery chain in Romania, with its tax and corporate restructuring and spin off, aimed at separating the core business and then developing and refinancing the bakery chain.
Assisting a growing regional hotel operator and owner in connection with the financing and acquisition of three downtown hotels.
Assisted a major Lebanese investor in agribusiness in the structuring and negotiation of its sale of a controlling stake in a major pharmaceuticals’ distributor.
Romanian counsel for an energy and engineering Austrian investor in the acquisition of sole control over a major cogeneration power plant, in a transaction involving regulatory constraints and merger control aspects.
Specialist lawyers: Gelu Goran, Daniela Lazea, Teodora Motatu.
BOGARU, BRAUN NOVIELLO & ASOCIATII (see profile ...)
Acting for international investment bank in proposed purchase of health supplier in Romania.
Acting for international bank in connection with proposed purchase of financial advisory company in Romania.
Acting for UK investor in relation to the purchase of Romanian subsidiaries including detailed tax advice and structuring requirements.
Acting for company on purchase of Romanian companies in the business of supplying computer outsourcing and programming in prior to a public listing in the United Kingdom.
Advsing foreign investors in setting up a Romanian airline based in Bucharest.
BOHALTEANU SI ASOCIATII (see profile ...)
Advising a Romanian financial institution, part of an international reputed group, and its main shareholder, with respect to the potential sale of its participation within the financial institution to an affiliated company, an EU-based credit institution. Legal assistance included drafting a legal memorandum covering the legal aspects of such shares sale, including corporate formalities, regulatory aspects deriving from the capacity of entity supervised by the National Bank of Romania, as well as from a transfer pricing perspective.
Advising CCP.RO Bucharest, a company pending authorization as central counterparty, in connection to various corporate matters in relation to the board of directors for the appointment of the general manager and the financial manager.
Advising Premier Energy, an important energy distributor from Romania, in connection to various post-transaction corporate operations related to the acquisition of B.E.R.G. Sistem Gaz, a natural gas supplier and distributor acting in Maramures county, such as the change of the special director, the registration of the shareholding structure of the company, amendment of the reorganization plan within the insolvency procedure, etc.
Advising Dacian Petroleum, a company acting in the petroleum services field, with respect to various corporate matters in the context of a transfer of undertaking from OMV Petrom, comprising also 40 oil and gas onshore deposits from Romania. Legal assistance included the set-up of more than 40 working points for petrol extraction and processing, change of director, update of the articles of incorporation, etc.
Advising Anima Wings Aviation, a Romanian air operator, in connection to a wide range of commercial and regulatory matters, such as amendment of the articles of incorporation, registration of the shareholding structure after the acquisition of a 25% stake by Aegean Airlines, change of director, preparing the relevant documentation for receipt, delivery and registration of the aircraft in Romania, etc.
Specialist lawyers: Ionut Bohalteanu, Daniela Milculescu.
BONDOC SI ASOCIATII SCA (see profile ...)
The law firm prepared the legal due diligence review, for PPF GROUP, in connection with the proposed indirect acquisition by the client (Central European Media Enterprises) of a global media group, including its subsidiary in Romania (ProTv Trust), the leading television trust national wide. The regulatory matters involved significant volumes of authorizations and licenses relating to broadcasting (terrestrial, cable, satellite), telecommunication and other related rights, as well as sensitive issues considering the field of activity and audio-visual legislation framework, and all standard fields in a due diligence process of this kind.
The law firm prepared the legal due diligence review, for MID Europa (Vita CEE, Waltz Management) for Walmark group, in connection with the proposed sale by the client of an European group of companies acting in food supplements industry, including the Romanian subsidiary. The regulatory matters involved high volumes of authorisations and related documentation, as well as sensitive issues considering the field of activity. The assistance covered all standard fields in a due diligence process of this kind.
Assistance in relation to due diligence exercise for Dante International to enter as a majority shareholder in the target company, a local online food intermediary platform named EuCeMananc and rebranded Tazz after closing. The assistance also involves support in relation to the transaction documents, including a acquisition agreements and a complex shareholding agreement with over 7 parties. The project confirms the confidence of this client (subsidiary of Naspers and largest online retailer in Romania) in firm's capabilities (after assisting them with respect to other 6 M&A projects in the past 5 years), as well as the firm's strong experience in M&A, and ITC.
Assistance for Adient Automotive with respect to the contemplated sale of its automotive fabrics manufacturing business, particularly its fabrics business located in Romania, to a subsidiary of Sage Automotive Interiors, an Asahi Kasei company.
Assisting Tapbury Management, an Irish renewable investor and developer in relation to the proposed acquisition of a Romanian company developing two wind projects of ca 60 MW capacity (due diligence and transaction negotiation) from a major Romanian energy company (KDF Energy). The transaction covered complex due diligence issues and innovative ways to accommodate with the insolvency legislation as the seller of the target was subject to insolvency process.
Specialist lawyers: Lucian Bondoc, Mihaela Bondoc, Bogdan Bunrau, Monica Iancu, Cosmin Stavaru.
BULBOACA & ASOCIATII SCA (see profile ...)
Assisted EximBank in the most important transaction of the year in the financial services sector, whereby EximBank acquired the control of Banca Romaneasca from the National Bank of Greece. The work included performing the legal due diligence report, full handling of the merger clearance procedure with the Competition Council, negotiating and drafting the transaction documents and assistance in the completion of the transaction.
Assisted D Moonshots, a private equity firm owned by the founder of Superbet group, in connection to an investment in a start-up company developing a medical platform called Medicai. The work included performing a legal due diligence and drafting and negotiating the transaction documents pertaining to the investment and assistance in the structuring, signing and implementation of the transaction. The transaction included simultaneous investments from two other private equity funds, ROCA X and GapMinder Fund Cooperatief U.A., the coordination and implementation of the investments being led by the law firm.
Assisted Armstrong Fluid Technology GmbH, an important leader in the design, engineering and manufacturing of intelligent fluid-flow equipment in relation to the acquisition of a Romanian company part of a group developing and building electric actuators and valve gearboxes. The legal assistance included performing a legal due diligence, negotiation and drafting of the transaction documents and assistance in the signing of the transaction documents. Further assistance in connection with the project will involve assisting the client in the completion of the transaction and performing all necessary registrations.
Assisted H4L Development, a fast-developing real estate company, in relation to the acquiring of control over Electromontaj, a major international construction company, specialized in building and maintaining power lines, as well as substations for the power supply. The assistance included drafting and carrying out negotiations regarding the transaction’s documents. Also, the legal assistance involved assessment of the competition matters entailed by the transaction, implementation of such relevant requirements in the transaction documents and the notification of the concentration with the Romanian Competition Council.
Providing legal assistance and advice with respect to the investment by Holmarcom Group, a private-equity Moroccan group, in Odyssey International SAS, a French company owning three schools in Africa and Europe, one located in Bucharest, namely The French International School of Bucharest (EFI Bucharest). The legal services involved performing a legal due diligence, as well as review of the representations and warranties given in the context of the transaction with respect to the Romanian target.
Specialist lawyers: Alexandra Radu, Raluca Cristea, Cosmin Pohaci, Ana Chira, Paula Cringanu-Filip, Ioana Barbu, Roxana Catalinescu.
BWSP HAMMOND BOGARU & ASSOCIATES (see profile ...)
Acting as local counsel to Aspen Pharmacare Holdings Ltd in the £700 million acquisition of GlaxoSmithKline thrombosis brands and manufacturing site (700 million Pounds Sterling).
Assisting a major ITC Romanian company in the merger with another company on the market, drafting merger project and corporate documents and providing corporate and finance legal assistance (Value Euro 13 million).
Acting for a prospective German purchase of a major electric machine company in Romania, preparing the due diligence report, advising on Romanian law (10 million Euro).
Acting for an investment fund in the purchase of Romanian property in Arad (1.2 million Euro). Acting for a British fund in the acquisition of the shares of a major financial institution owned in Romanian real estate company (0.5 million Euro).
Acting for a Czech company in the acquisition of Romanian target for the development of a micro hydro plant project. (1,5 million Euro). Acting for German investment fund in the proposed sale of Romanian company (1.8 million Euro).
CLIFFORD CHANCE BADEA (see profile ...)
Advised Kingspan Group, the global leader in high-performance insulation and building envelope solutions, throughout negotiations to acquire TeraPlast Group's steel division with operations in Romania and Serbia.
Advised an international full-service banking group on the envisaged sale of its Romania operations with total assets of around €400 million.
Advised private equity fund Abris Capital Partners in the acquisition of a majority stake in Global Technical Group, the leading end-to-end solution provider for building management and security integrator in Romania.
Advised a leading private equity firm focused on CEE on its bid for the acquisition of a large Romanian healthcare services provider.
Advised German-based REWE/DerTour group with retail and tourism activities, in relation to the acquisition of the travel agency arm of Eurolines Romania.
Specialist lawyers: Nadia Badea, Loredana Ralea, Mihai Macelaru, Diana Crangasu, Ecaterina Burlacu, Radu Costin, Lavinia Dinoci, Andrei Caloian.
CORINA POPESCU LAW OFFICE (see profile ...)
Assistance to foreign (mostly French and Belgian) investors in relation to the incorporation of their comanies, the purchase of shares in Romanian companies or takeover of Romanian companies.
Assistance to a shareholder in a large Romanian company in relation to his management position within the company and his voting rights within the General Shareholder Assembly.
Set up of a large number of companies for foreign investors and assistance with day to day corporate business: advice pertaining to corporate law, labour law, contract conclusion, intellectual property – trademark registration.
D&B DAVID SI BAIAS SCA (see profile ...)
Assisted Romanian drug distribution and retail business Farmexim/Helpnet in the transaction with german group Phoenix, a leading European healthcare provider.
Assisted healthcare provider Regina Maria in the transaction with Premiere Hospital and also with Genetic Laboratories in Bucharest and Cluj.
The law firm performed the due diligence analysis on Focus Sat Romania SA and punctually assisted M7 Group in the acquisition of Focus Sat Romania SA and the completion of the transaction.
Assisted the healthcare provider Sanamed in the transaction with Fresenius, a leading global healthcare group.
Assisted CRH in the takeover of certain assets located in the west part of Romania from Pomponio, a company active in the field of constructions.
Specialist lawyers:Sorin David, Anda Rojanschi, Cristina Paduraru, Romana Petre, Adina Oprea, Andreea Tortov, Mihaela Papandreia, Alice Spridon, Carmen Cretu.
DENTONS EUROPE - ZIZZI-CARADJA SI ASOCIATII SPARL (see profile ...)
Advised KC Agro on the €22 million acquisition of a working farm from French investor, including approximately 2,800 hectares of arable land.
Advised the largest hotel group in Central and Eastern Europe on cross-border restructuring and sale of service business: advising on the separation of Orbis’ real estate ownership activity from its service business, and on the subsequent sale of its service business to French hospitality group Accor.
Advises global private equity firm on the acquisition of leading global provider oil and gas services and solutions, including automated control and optimization equipment.
Successfully advised CEE Equity Partners on the acquisition by China CEE Investment Co-operation Fund II of 15 grain silos and logistics hubs from the Romanian based Brise Group, one of the largest agribusiness groups in the country, to create the First Open Access Agriculture Infrastructure Platform in Romania.
Advised Phoenix Games GmbH on the acquisition of Romanian Studio Firefly. Studio Firefly offers live operations support to mobile developers around the world.
Specialist lawyers: Perry Zizzi, Raul Mihu, Bogdan Papandopol, Claudiu Munteanu-Jipescu, Cristina Daianu.
DLA PIPER DINU SCA (see profile ...)
The law firm assisted the leading Norwegian aluminium group Norsk Hydro ASA in the divestment of its Romanian extrusion plant, Hydro Extrusion, to another major player of the sector, Hammerer Aluminium Industries GmbH. The legal assistance provided to Norsk Hydro ASA involved general advice on the M&A process, drafting of transaction documents, data room assistance, assistance with respect to the relevant competition council approvals and assistance with the completion and implementation of the transaction.
Advised ABRIS CEE Mid-Market Fund III LP, one of the most important private equity funds in Central Europe, on the acquisition of Dentotal Protect, a leader on the Romanian distribution market of consumables, instruments and dental equipment. Dentotal operates in the highly regulated industry of medical devices and consequently a strong regulatory and sector expertise proved vital to the project. The transaction involved complex and creative pricing mechanisms which required a lot of skill in drafting and negotiating. The set of conditions precedent was extensive and the successful closing was possible due to the great collaboration between the DLA Piper and Abris teams.
Assisted eMAG, the leading eCommerce platform in Romania in the merger with Hungary’s Extreme Digital Zrt. The legal assistance provided involved transaction structuring and drafting of transaction documents. The transaction creates one of the leading and fastest growing e-retailers in CEE with its headquarters in Budapest.
Advised FintechOS, a start-up specialized in accelerating the digital transformation of financial institutions worldwide, with its €1.1 million post-seed financing by means of convertible loans and with its $14 million series A financing round led jointly by Earlybird’s Digital East Fund and OTB Ventures, with participation from existing investors Gapminder Ventures and LauncHub. The assistance provided involved advising the client during negotiations and reviewing the transaction documents.
Advised Hillarys Blinds Holdings Limited, the UK leader on the retail blinds and shutters market, to acquire TLC Shutters, a production facility owned by Global Blinds & Shutters Limited. The assistance provided involved structuring, drafting of the transaction documentation, performing the negotiations and implementing the deal. The closing of this transaction was particularly complex due to the fact that it has been done during the lockdown measures imposed in various countries due to the coronavirus pandemic.
Specialist lawyers: Marian Dinu, Cristina Bucur, Oana Dutu-Buzura, Paula Corban-Pelin.
DORU TRAILA, SILVIU STRATULAT, ADRIANA ALMASAN, ANDREI ALBULESCU - ATTORNEYS AT LAW (see profile ...)
Assisting an important Romanian company acting in field of oil business in connection with the corporate restructuring of the company. Assisting a global energy company in setting up and organizing its corporate presence in Romania and with respect to the acquisition of a group of waste management companies.
Legal assistance for the implementation of certain operations related to the reorganization of the an important financial group, including the dissolution of the local subsidiary.
Assisting a large group of Romanian companies acting in the field of agricultural investments and production to acquire a milling and production of condiments business (land, production halls and silos with a total area of 7 ha).
Assisting an important Romanian company acting in field of food and beverages business in connection with the corporate restructuring of the company, with the involvement of a new equity investor. Assisting an important investment fund in acquiring the majority shareholding in a Romanian company acting in the field of medical services.
Advising an important Swedish group acting in recycling services in connection with the taking over of a majority shareholding in an Romanian company specialized in waste recycling.
Advising an important equity fund in the acquisition of the vehicle owning a top office building in Bucharest following a transaction valuing EUR 80 million. Assisting the Ministry for Information Society regarding the privatization process of the national company for postal services.
Specialist lawyers: Silviu Stratulat, Andrei Albulescu, Cezara Szakacs, Cristina Buric, Raul Andriuc, Dumitru Rotari;
DRAGNE & ASOCIATII (see profile ...)
Assisting a company that operates in the area of buying and selling own real estate, buildings and residential estates, its various companies in their day-to-day business in the decision making process, in relation to various legal matters generated by three real estate major projects, including drafting/negotiation of commercial contracts (e.g. sale-purchase, contracts for works, FIDIC contracts) with clients/suppliers and advising on consumer protection issues, representing the Client in the relation with local authorities.
Assisting an important investment fund in the pre-transactional process for the acquisition of an office building and 500 sqm plot of land located in one of the most exclusive areas in the centre of Bucharest. The work includes confirmatory analysis of the due-diligence, drafting and negotiating the transaction documents, assistance during the negotiation phase.
Assisting one of the most important engine manufacturers in Central and South Eastern Europe, a company listed on the Romanian Stock Exchange (BVB) in the preparation and unfolding of the General Shareholders Meeting. The assistance includes an analysis of the company’s activity, the approval of the financial reports and electing the Board of Directors.
Assisting an important heat producer during the General Meetings of Shareholders regarding complex capital increase operations.
Specialist lawyer: Stelian Garofil;
FILIP & COMPANY (see profile ...)
Assisting the National Bank of Greece (NBG) in concluding a share deal with EximBank regarding NBG’s 99.28% participation in Banca Romaneasca (the largest acquisition on the Romanian banking market in 2019).
The firm offered assistance in connection to the sale of shares in several Romanian companies, held by Arcelor Mittal, a multinational steel manufacturing corporation headquartered in Luxembourg. The assistance included due diligence analysis in connection with the Romanian subsidiaries and local transactional assistance.
The law firm is assisting Alexander Barbut, Thomas Barbut and Marcel Barbut in the process of selling the shares held within Adeplast, one of the biggest Romanian construction materials producers, to the Swiss group Sika AG, one of the major players in the global market of chemical building materials.
Assisting Banca Transilvania in the acquisition of 100% of the share capital of Microinvest, a company specialised in financing microenterprises and the leader of the non-banking financial institutions market in the Republic of Moldova.
GNP GUIA NAGHI & PARTNERS (see profile ...)
Legal advice and assistance for Clever Tech, part of Daimler Group, related to various amendments of the company’s Articles of Association, such as for the revocation of some of its directors, certain increases of company’s share capital and ultimately successfully registration of such amendments to the relevant Trade Registry office.
The law firm assisted OLX Online Services in connection with various amendments of the company’s Articles of Association, such as for the revocation of some of its directors, appointment of others, formalities such as real beneficiary statement, etc. The firm assisted the client also with various corporate matters, consisting in negotiations and drafting the necessary documents and registration with the Trade Registry.
The firm offered legal assistance to Cis Gaz, an important gas and energy provider present on the Romanian market, in connection with an important restructuration within its group of companies, project which involves multiple formalities before Trade Registry, corporate amendments and registration before Trade Registry.
Legal assistance to Neomobility related to day-to-day amendments of the company’s Articles of Association, such as share capital increases, appointment of new shareholder, as well as performing all formalities before Trade Registry. The firm assisted the client also with various corporate matters, consisting in negotiations and drafting the necessary documents and registration with the Trade Registry.
Specialist lawyers: Bianca Naghi, Roxana Barica.
GRUIA DUFAUT LAW OFFICE (see profile ...)
Assisted a worldwide French group acting in the food industry during the reorganization of trade activity and production, through several operations (closing, collective dismissal, sale of assets, reorganization procedures with various authorities, share capital increase).
Advising a French industrial group specialized in the distribution of chemicals in connection with the acquisition of shares in a Romanian company.
Assisting a large international group in the operations of reorganization of its activity in Romania, by carrying out all the legal steps related thereto, both at corporate and social level
Assisted a fully integrated office design & build specialist in Romania in drafting/revising form contracts, as well as complex corporate master service agreements for the first.
Assisted the world leader in the design and manufacturing of process furnaces for the refining, petrochemicals, hydrogen and syngas markets in setting up the legal strategy for the reorganization of its Romanian subsidiary.
Specialist lawyer: Dana Gruia Dufaut, Loredana Van de Waart, Cristina Bojica, Teodora Koletsis, Gabriela Popescu.
IJDELEA & ASOCIATII (see profile ...)
Advised eSapiens Tecnologia, a major Brazillian technology venture, in connection with the acquisition of a live streaming business. The mandate covered the due diligence process as well as advice on the structuring of the deal and related transaction documents.Specialist lawyers: Siranus Hahamian, Andreea Tudor, Ioana Chirita.
Advising Raffles Energy in relation with the acquisition from OMV Petrom, by means of a transfer of business as going concern, of the 100% participating interest in several onshore petroleum blocks. The mandate includes a detailed legal analysis based on the initial due diligence made by the buyer, the structuring of the transaction and the reviewing and amendment of the seller’s proposed draft business transfer agreement and the entire package of the transaction documents. Specialist lawyers: Oana Ijdelea, Siranus Hahamian, Lorena Vasvari, Luiza Catalinescu.
Advised Splend, a global leader in providing cars to on-demand drivers, on a project financing transaction with a value in excess of €25 million contracted with a San Francisco based specialty-lending firm serving emerging growth technology and life sciences companies. Specialist lawyers: Siranus Hahamian, Lorena Vasvari, Andreea Tudor.
Advising an important French renewables’ developer on the acquisition of the entire participation in a Romanian SPV for the purposes of developing a wind project with an installed capacity of 40 MW. Specialist lawyers: Oana Ijdelea, Siranus Hahamian, Luiza Catalinescu, Andreea Tudor.
Advising a major Swedish-based renewable energy group in relation to the acquisition of a portfolio of brown-field solar parks from various small Romanian SPV developers. Specialist lawyers: Siranus Hahamian, Luiza Catalinescu, Andreea Tudor.
IONESCU SI SAVA SCA (see profile ...)
The commercial and corporate team led by Radu Ionescu is constantly assisting Resolute Asset Management Romania in all day-to-day matters regarding to various portfolios of NPLs the client is managing on behalf of several financial institutions and handling all corporate matters for the SPVs under its management, namely two commercial centers and one industrial real estate owner. The firm has assisted the client in commercial and M&A-related issues in connection with the SPVs, providing legal services with regard to several changes in the share structure of the companies and representing it before the shareholders, financial institutions and competent authorities.
The firm's corporate team, led by Radu Ionescu, has assisted and continues to assist Solvency Project, a company which operates several warehouses located in Timisoara county, in all day-to-day corporate and commercial matters, including, amongst other: drafting lease agreements, participating to negotiations with the client’s tenants, assisting the client in concluding, suspending, ceasing the lease agreements, providing legal advice in matters of compliance, as well as representing the client before its tenants, financial investors and other public authorities.
The law firm's consultancy team has assisted and continues to assist Star Assembly, one of the Romanian branches of Daimler AG, the facility specialized in the production of various gearbox spare parts for Mercedes-Benz vehicles, in its day-to-day commercial and corporate matters, such as drafting and negotiating agreements with various contractors, reviewing such contracts and providing representation services before any national authority.
The law firm's team, led by Radu Ionescu, is constantly assisting Mercedes-Benz Romania one of the Romanian braches of Daimler AG, acting as the main distributor of Mercedes-Benz vehicles in Romania, in various commercial and corporate aspects, providing assistance and consultancy services on a wide range of aspects, from corporate matters related to the company’s share structure, to commercial aspects including legal opinions related to the company’s products and activities, drafting and reviewing sale-purchase agreements, dealer and service agreements, as well as compliance issues of its activity with the groups policy and Romanian legislation.
The firm's team, led by Radu Ionescu, designed and implemented an effective privacy and data security plan for Romstal Group. In this regard, the team performed an audit upon the type of information collected and processed by the group, analyzed the legal framework and applicable legislation, reviewed the internal existing group policies, analyzed and evaluated the security risks and designed and implemented custom-made legal solutions in accordance with the provisions of data protection legislation. Also, the law firm is acting as data protection officer for all entities within Romstal Group.
Specialist lawyer: Radu Ionescu.
JINGA & ASOCIATII SCA (see profile ...)
Assisted Sinotrans China, one of the largest logistics and transport companies in the world, with the acquisition for almost €400 million, of the logistics company KLG Europe, with regard to the Romanian operations.
Assisted the shareholders of Ecofarmacia Network, one of the largest regional pharmacy chains in TransilvaniaG during the sale of the company to the German Phoenix Group.
Specialist lawyers: Mircea Jinga, Catalina Sucaciu, Mariana Tudor.
KINSTELLAR (see profile ...)
The firm advised Highlander Partners, a leading US private investment firm making direct private equity and mezzanine investments throughout North America, the United Kingdom and Central Europe, on the acquisition of a majority stake in Sano Vita, one of the most reputable and trusted food brands in Romania.
The law firm advised Bain & Cinven-backed Stada Arzneimittel (a leading manufacturer of high-quality pharmaceuticals based in Germany) on the acquisition of Walmark, a reputed manufacturer of consumer health products in Central Europe from Mid Europa Partners. This was a cross-border matter and Kinstellar advised the buyer on the Bulgarian, Czech, Hungarian, Romanian and Slovak legal issues and involved large teams. The deal allowed Stada to further internationalise its overall business and access more markets.
The law firm advised reputed UK steelmaker Liberty Steel on the €740 million acquisition of ArcelorMittal’s European assets; under the deal, Liberty has acquired seven steelmaking units, the steel factories in Ostrava in the Czech Republic and Galati in Romania, as well as steel mills in Skopje (North Macedonia), Piombino (Italy), Dudelange (Luxembourg), two factories near Liège (Belgium) and five service centres which in total employ 14,000 people. It was a cross-border matter also involving the team in Prague and it allowed Liberty to turn into one of the largest steelmakers globally.
The firm advised Canal+ Group on the Romanian law aspects of its cross-border acquisition of M7 Group (matter value of €1 billion), one of the largest independent pay-TV operators in Europe, operating in Benelux, Germany and Central Europe; the acquisition would allow Canal+ Group to expand into 7 new European countries. It was a cross-border matter and the team’s advice centered around a due diligence investigation and a comprehensive analysis of various regulatory matters.
The firm advised Inteva Products, a global automotive supplier, on the Romanian law aspects of the global sale of its roof business to CIE Automotive, an international industrial group that designs and produces components and sub-assemblies for cars. The team advised on specific transaction documentation, pre-closing group restructuring, legal aspects of the supplies in the transition period, and specific changes to the current financing lines.
The firm advised BriseGroup, a significant local player in the grain and agricultural input trade, on the agreement with CEE Equity Partners regarding the modernization, integration and development of 15 grain silos and logistics hubs, with BriseGroup thus becoming a valued grain origination client of the first agriculture infrastructure platform in Romania, Bristol Logistics, which offers open access to farmers and traders operating within the catchment areas served by its network.
Specialist lawyers: Zsuzsa Csiki, Razvan Popa.
LEROY SI ASOCIATII (see profile ...)
The firm assisted Lacoste, the world-renowned French subsidiary of the Swiss Group Maus Freres, a luxury brand specialized in the retail sale of sportswear, on the sale of 100% of the share capital of its Romanian subsidiary Trans Euro Textile (manufacture of textile garments).
The law firm advised the Romanian subsidiaries of Vodafone, a leading telecom operator, in relation with various complex corporate arrangements (including the reorganization of its corporate governance structure and the establishment of new articles of association). The deal was successfully closed on August 2019.
The firm is advising Louis Vuitton, one of the most renowned fashion houses and luxury retail companies, in relation with various corporate matters, like establishing the delegation policy at company level, identifying the appropriate CAEN Codes in connection to the sale of certain specific products and advising on the authorization process.
The firm provided the worldwide known French cosmetics group, Groupe Rocher, with assistance during the due diligence process, on the direct acquisition of a controlling stake in a Romanian company specialized in the retail sale of cosmetic and toilet articles and the indirect acquisition of its Czech subsidiary.
The law firm is advising Suez, a global expert in the water and waste sectors, on the reorganization of the management of its Romanian branch, by also clarifying the particularities of the legal regime of the branch and of its representative under Romanian law.
Specialist lawyers: Bruno Leroy, Andreea Toma, Ruxandra Manciu, Cristian Bumbac, Andreea Bibu, Dariana Istrate.
MITEL & ASOCIATII SCA (see profile ...)
For over 20 years, the law firm has been a permanent legal advisor for Airbus Helicopters Romania and Airbus Group, providing full range of legal services regarding all aspects of Airbus’ business relations and day-to-day activity. The firm assisted the client during the launch of a new final assembly line of helicopters (H215) in Ghimbav, Romania. The project was estimated at €40 million and received direct State aid. After completion of the project we have been continuously assisting the client for corporate and commercial matters (mergers, drafting and negotiating commercial agreements, corporate services and legal assistance to the Board of Directors).
Following steady expansion in Romania, Lear group currently operates 6 plants in Romania in various sectors related to car manufacturing industry. The law firm has been continuously and exclusively servicing Lear for more than 15 years in connection with a wide range of corporate & commercial matters related to the day-to-day management of their business in Romania, including assistance for opening and operation of all their plants, development projects, new business challenges during Covid-19 pandemic and a various range business agreements and commercial contracts.
The law firm has been advising GED Eastern Fund II in connection with all M&A matters related to their Romanian portfolio (namely investments in Continental Hotels (owner of Continental and IBIS hotels), Diamedix Impex (distributor of medical equipment), Total Energy Business (energy cogeneration), Infopress Group (printing industry) and Happy Tour (tourism agency). Currently The team is advising GED Eastern Fund II regarding their strategy for exiting the Romanian market. Also, the law firm is currently involved in all GED projects focused on divestment, covering a full range of services, including vendor due diligence reviews on all target companies, identifying and assisting with the implementation of potential remedies and improvements in order to prepare the companies for the exit process, negotiating with potential buyers and investors, and coordinating all corporate and day-to-day legal assistance required by the Romanian companies in GED’s portfolio.
For over 10 years the law firm has been advising Stericycle Romania on all corporate and commercial matters and permitting procedures related to the day-to-day activity of the Romanian companies of Stericycle Group. The team has been assisting Stericycle Group in over 15 share deals and asset deals in the context of their steady expansion in Romania, as well as in two successive mergers of their Romanian subsidiaries.
For over 15 years the law firm has been involved with virtually all aspects of Arabesque’s business relations and, in particular, have been dealing with all M&A and corporate matters of the company. The assistance includes corporate matters, as well as negotiation, drafting and advice on a wide variety of commercial contracts, competition and regulatory matters.
Specialist lawyers: Sorin Mitel, Madalina Paisa.
MPR PARTNERS | MARAVELA, POPESCU & ASOCIATII (see profile ...)
Assisted Alpha Parking, part of the Belgian Interparking Group, a major European parkings operator and developer in connection with the acquisition of an important parking in the center of Bucharest.
Advising major European airlines, Air France and KLM, in connection with various matters requiring the application of Romanian Law. The law firm advised the clients on their corporate and commercial policies, as well as other matters specific to airline industry activity, including customer claims and debt collection, commercial and contract law, advertising law, employment matters, as well as competition and GDPR compliance matters.
The firm acting for a leading global producer of sports equipment, in connection with its acquisition of a production facility of a major supplier of sports equipment parts and manufacturing services.
The firm is advising a major American investment fund, in relation to its proposed acquisition of a company active in the mining and natural resources' exploitation sector, which is currently undergoing insolvency proceedings, in a multimillion Euro transaction.
The law firm acted for the bond credit rating business of a corporation, in relation to its purchase of an IT company, in a multimillion Euro transaction.
Specialist lawyers: Gelu Maravela, Alina Popescu, Dana Radulescu, Alexandra Rimbu.
MUSAT & ASOCIATII (see profile ...)
Advising Damen Shipyards Group, in connection with the acquisition of the Mangalia Shipyard, one of the largest shipyards in Romania, subsequent joint venture with the Romanian State for the operation of the same, all post-closing matters related to the yard and ongoing compliance and performance of the joint venture with Romanian State.
Specialist lawyers: Gheorghe Musat, Razvan Stoicescu, Paul Buta, Iulian Popescu, Adrian Danciu, Andrei Ormenean.
Advising Hidroelectrica, one of the leading players on the Romanian energy services sector, on the structuring of their acquisition of UCM Resita (under
insolvency), one of the biggest industrial manufacturers in Romania.
Specialist lawyers: Razvan Stoicescu, Iulian Popescu, Adrian Danciu, Ana Maria Abrudan.
Advised KBC Bank on their bid to acquire the AEGON businesses in Romania, one of the biggest players on the insurance market in Romania. More
specifically, the deal concerned local life insurance branch of AEGON and the local pension fund management company, AEGON Pensii.
Specialist lawyers: Razvan Stoicescu, Monia Dobrescu, Andrei Ormenean, Cristian Cepesi, Adrian Danciu.
Advised FedEx in connection its worldwide acquisition of TNT and its integration into FedEx's business in Romania. The mandate also includes post-closing matters, including mergers with a cross border element, shareholding transfers, share capital increases, management changes, rebranding, regulatory support triggered by the change of control matters, and group restructuring.
Specialist lawyers: Iulian Popescu, Andrei Ormenean, Sirin Omer, Gabriel Oprea.
Advising Amazon.Com, Inc. (and its affiliates) on its corporate/business reorganization procedures, as well as the extensive expansion and integration of its presence in Romania on three business lines, including implementation of ancillary corporate matters, shareholding and management changes resulting from the integration.
Specialist lawyers: Iulian Popescu, Andrei Ormenean, Sirin Omer, Gabriel Oprea.
NESTOR NESTOR DICULESCU KINGSTON PETERSEN (see profile ...)
Assistance provided to a leading super app in Southeast Asia with all Romanian law aspects relevant for its strategic partnership with a leading provider of connected-car and location-based services.
Assistance provided to an international property development and investment platform, engaged in designing, construction and lease/sale of commercial and residential properties, in the sale of its local SPV in Romania through which it developed an office building.
Assistance provided to a global leader in the development, manufacturing and marketing of high quality technical products in the acquisition of a regional distributor of the products of a German company in Baia Mare, Maramures county.
Assistance provided to Top 5 bank active in Romania in the co-equity investment with two other banks in a domestic company specialized in transport, processing and storage of cash and other valuables.
Assistance provided to a global chemical company in the acquisition of a significant shareholding in a market leader in the production of cross-linkable and thermoplastic compounds.
Specialist lawyers: Gabriela Cacerea, Ruxandra Bologa, Adina Chilim-Dumitriu, Adriana Gaspar, Corina Dumitru, Razvan Vlad.
NOERR (see profile ...)
Advice for Dr Jaffe, insolvency administrator of Wirecard Sales International Holding GmbH (WDSI) and Wirecard AG on sale of Wirecard Romania to the European payment services provider SIBS.
Advice for Doosan on sale of the IMGB industrial platform to SIF Banat-Crisana via a share deal, representing the exit of the company from the Romanian market.
Advice for Kathrein SE on the sale of its mobile networks antenna business to Ericsson. The complexity of the transaction is driven by the size of the players involved which triggered complex asset deals in more than 20 jurisdictions.
Advice for Bauer Media Group on sale of Romanian publishing business to Ringier. The portfolio sold includes leading Romanian TV programme guides such as TVMANIA and TV SATELIT.
Advice for Signa Group on sale of furniture chain Kika/Leiner. SIGNA Group sold the 22 locations in the Czech Republic, Hungary, Romania and Slovakia to XXXLutz and included the operational retail business with over 1,500 employees and 22 properties.
Specialist lawyers: Rusandra Sandu, Prof Dr. Joerg K. Menzer, Gabriel Popa, Luiza Bedros, Cristina Stamboli, Adrian Georgescu-Banc, Catalina Oancea, Denisa Moldovan, Magdalena Lupoi, Roxana Dudau, Oana Piticas, Mircea-Catalin Roman, Catalin Roman, Denisa Margas, Andrei Copil, Miruna Coderie, Monica Colt, Carmen Mazilu, Dominik Rompza, Prof. Dr. Christian Pleister, Scott SeongKoog Choi, Holger Ebersberger, Volker Land, Barbara Kusak, Zoltan Nadasdy, Martin Tupek.
PELI PARTNERS (see profile ...)
Assisting Banca Transilvania Asset Management (BTAM), affiliated to the largest Romanian bank, in relation to the acquisition of Certinvest Pensii Societate de Administrare a Fondurilor de Pensii Facultative, manager of the optional pensions fund “Pensia Mea”.
Assisting GLL Real Estate Partners in relation to the sale of Floreasca Park an office complex located in the northern part of Bucharest, having a total leasable area of approx. 40,000 sq. m, by way of a share deal to Resolution Property and Zeus Capital Management.
Assisted AFI Europe, a leading real estate development and investment company in Central and Eastern Europe and a prominent player on the Romanian market, in signing the pre-sale agreement for the acquisition of the majority stake holding in the project company owning Casa Radio project.
Assisting Despec Romania in the take-over process of the majority shares package by one of the lead players in the retail sale of electrical household appliances. The firm is assisting the client in all stages of the transaction, including in relation to the transaction structuring, drafting and negotiation of the transaction documents, fulfilment of the conditions precedent.
Assisting Wienerberger with: a) a legal audit meant at identifying its level of compliance with GDPR rules and b) drafting of policies and other data protection related documents in order to finalize the GDPR implementation process at company level.
Specialist lawyers: Carmen Manuela Peli, Francisc Eduard Peli, Oana Badarau.
PETERKA& PARTNERS (see profile ...)
Comprehensive advisory services to the Romanian subsidiaries of XPO Logistics, a leader in the provision of supply chain services, in relation to various day-to-day corporate matters, as well as regarding the restructuring of the local entities shareholders’ structure by means of a merger, which includes the drafting of the relevant documents for the merger, as well as carrying out the necessary formalities with the relevant authorities.
Legal advisory services to Hanes Global Supply Chain Romania, the local subsidiary of a market leader in the design, manufacture and distribution of branded underwear, in connection with various day-to-day corporate matters, including the drafting of the relevant corporate documents, as well as the registration formalities with the relevant Romanian authorities, in relation to change of the management structure, granting of specific powers of attorney, as well as change of headquarters and secondary seats. Our law firm has also assisted the client in respect of the relocation of one of its local factories which included the drafting of relevant corporate approvals and granting of powers of representation, as well as the carrying out of the relevant registration formalities with the Romanian authorities.
Legal advisory services to one of the leading European agricultural groups, during a complex M&A transaction involving Romania, among another twelve jurisdictions, including drafting a due diligence report and related competition law analysis.
Legal advisory services to Oriens Bijuterii, the local subsidiary of Oriens Bijou, a Polish retailer of watches, clocks and jewellery, in respect of the implementation of the new structure of the shareholders at the Romanian level, including the drafting of the relevant documents and carrying out the necessary formalities with the relevant authorities.
Legal advisory services to Ust Global, a multinational provider of Digital technology and transformation, IT services and solutions, with regard to the incorporation of the Romanian subsidiary thereof, as well as with regard to various day-to-day corporate operations, including, inter alia, the increase of the share capital, transfer of shares and registration of beneficial owners.
Specialist Lawyers: Cosmina Romelia Aron, Ioana Sebestin, Letitia Silaghi, Ioana Savan
POPOVICI NITU STOICA & ASOCIATII (see profile ...)
Assisted Oresa Ventures on the sale of Somaco to LafargeHolcim.
Advised Net Brinel on its takeover by SNEF.
Advised RTC Proffice Experience on the acquisition of the cleaning and hygiene products distribution from Paper Plus SRL.
Assisted Voestalpine on the acquisition of the majority stake in Travertec Buzau.
Advised Farmexim and Help Net on their sale to Phoenix.
Specialist lawyers:Silviu Stoica, Vlad Ambrozie, Bogdan C. Stoica, Irina Ivanciu, Andreea Hulub.
REFF & ASSOCIATES SCA (see profile ...)
Advising worldwide leading automotive supplier on various corporate and commercial law matters in the context of developing a new production facility located in Sibiu county.
Advising world’s leading home retailer on ongoing corporate and commercial matters.
Assistance to a listed company in the context of raising funds for a contemplated acquisition of a similar business.
Advising one of the world’s largest diversified natural resources companies on the methods available for restructuring the Romanian companies of the group.
Advising a leading furniture producer on business restructuring as well as in connection with the merger through absorption of two entities from the group.
Specialist lawyers: Alexandru Reff, Partner, Head of practice, Georgiana Singurel, Associated Partner, Robert Ionita, Associated Partner, Diana Fejer, Managing Associate;
RTPR ALLEN & OVERY (RADU TARACILA PADURARI RETEVOESCU SCA IN ASSOCIATION WITH ALLEN & OVERY LLP) (see profile ...)
Advised an investment fund on the acquisition by a Luxembourg-based investment vehicle of a 23% shareholding stake in a Romanian company operating in the mobile marketing business.
Assisted a Romanian company and its shareholder in relation to the exit of the Group by sale of its shareholding stake to Europrest Invest and Premium Management Team.
Represented the oldest and one of the largest firms managing private equity and venture capital funds in Poland and Central and Eastern Europe, in relation to the exit from one of the leading Romanian software companies, with presence in CEE, Middle East and Africa and projects spread in 27 countries in an MBO leveraged transaction.
Represented one of the the largest courier and freight companies in relation to the sale of a leading Romanian domestic courier business to Abris Capital Partners.
Specialist lawyers: Costin Taracila, Mihai Ristici, Alina Stavaru, Adrian Cazan, Victor Rusu;
SCA MCGREGOR & PARTNERS (see profile ...)
Assisted HNA Group of China for the acquisition of TIP Trailer Services’ business in Romania in a cross-border deal which included 17 jurisdictions. Assisted a Romanian developer of wind energy projects of more than 80 MW in the sale to an Israeli investment fund.
SUCIU POPA (see profile ...)
Advising the world's second largest brewer in relation to the sale of its business in Romania, as part of the commitments towards the competition authorities to divest all European activity, within the more than $100 billion merger combining the world’s two leading beer companies.
Advising the Italian largest electricity companyin finalizing the acquisition of 13.6% of the share capital of the power distribution and supply companies in Romania, a transaction worth EUR 400 million which increased its interest in the two companies to 78%.
Advising an oil & gas international group on various corporate and regulatory matters in connection with two of its subsidiaries in Romania, structuring and creation of an investment fund as a way to promote investments in a number of sectors such as energy and infrastructure, with projected investment values of over USD 1 billion.
Advising a large Maltese group, in relation to the acquisition of a business center located in northern Bucharest, having as tenant the largest private hospital in Romania.
Advising a Romanian based oil & gas company controlled by Carlyle Groupinin the transaction whereby the European Bank for Reconstruction and Development (EBRD) has become a minority shareholder of the Romanian company.
TONCESCU SI ASOCIATII SPRL (KPMG Legal) (see profile ...)
The firm has been appointed by First Bank to implement, coordinate and supervise the merger process between First Bank (former Piraeus Bank) and Leumi Bank Romania. The assistance in this project included legal aspects such as discussion with the NBR, review of the documentation for NBR’s approval file, drafting statements, provisions of supplementary legal advice on specific aspects, drafting the merger project, review of corporate decisions, compiling the merger file as well as the approval of the merger in front of the National Bank of Romania and Trade Registry (ongoing), but also employment aspects (integration) and data protection assistance. The merger was approved by the National Bank of Romania, by the court and by the Trade Registry and was completed on 30.04.2020. This was the one and only merger approved in the banking system during the Covid-19 pandemic lockdown in Romania.
The firm assisted Zarea, leader on the sparkling wine manufacturing Romanian market, part of the Schloss Wachenheim, one of the leading global producers of sparkling and semi-sparkling wines, with the acquisition of high-flying brands of alcoholic beverages well-known on the local market, ”Sânge de Taur”. The team assisted the client during the due diligence analysis over the targeted brands, the entire transaction process, the multiple rounds of documents’ negotiations until signing and closing of the transaction.
The law firm assisted GetBack Recovery, an important player in the Romanian debt recovery market, during the entire process, in order to sell its portfolios under a complex international structure. The assistance included advice on structuring the transaction (via an equity deal or a sale of portfolios) considering the interested buyers and the specific legal status and type of portfolios, as well as preparation of the Data Room and drafting legal documentation necessary during due-diligence and bidding process.
The firm assisted Next IT Invest during its acquisition through a share capital increase operation a package of shares in Docbook, the sole company on the Romanian market which operates an online platform for doctor appointment. The firm's team assisted the buyer from the early stages of the transaction (i.e. drafting and negotiations of the HOT), drafting and negotiation of the Subscription Agreement, Shareholders Agreement and other ancillary documentation.
The law firm assisted Balneoclimaterica (one of the main players in the balneary tourism in Romania) and its majority shareholder (Danubius Hotels and Spa Zrt) during an engagement which started in March 2019 consisting in a series of operations such as public offer (finalized), squeeze-out (finalized) and delisting from the capital market (ongoing). The services included project management, relation parties/authorities involved (broker, Financial Supervisory Authority, Central Depository, Bucharest Stock Exchange, shareholders), drafting and review of the documents such as public offer, legal opinions, advice on garnishment, litigation, reporting requirement, escrow accounts, market abuse obligations.
Specialist lawyers: Laura Toncescu, Duagi Gunay, Anda Tufan, Cristina Rosu.
TUCA ZBARCEA & ASOCIATII (see profile ...)
Advising Sanofi on the divestment of its European generics business further to a €1.9 billion cross-border transaction. The team advised on the Romanian law aspects arising from an intra-group restructuring in view of separating the generics business carried out by Sanofi from Sanofi’s other businesses and the subsequent sale of such generics business, i.e. Zentiva, to Advent International.
Advising Global Technical Group on a transaction by which the group of companies founded by Fadi Rida and Mihai Stanescu have successfully attracted Abris Capital Partners, a private equity fund manager.
Legal assistance to the founders of Optiplaza, the second-largest player in the Romanian optical retail market, in selling the company to Innova Capital.
Assistance to Zeitfracht Group in the acquisition of a minority participation of Blue Air Aviation SA, a Romanian based low-cost airline, the biggest Romanian air carrier.
Assisting Ringier Sportal in the acquisition of Gazeta Sporturilor, Romania’s landmark sports newspaper and related website, www.gsp.ro.
Advising PCM RAIL.ONE on selling a majority stake in Travertec Buzau to the Austrian Group Voestalpine.
Advising Interbrands Marketing & Distribution, one of the largest Romanian companies in the distribution and marketing of fast-moving consumer goods on a complex cross-border deal whereby the company is acquired by Orbico Group.
Specialist lawyers:Sorin Vladescu, Silvana Ivan, Cristian Radu, Dragos Apostol, Gabriela Anton, Cornel Popa.
VASS LAWYERS (see profile ...)
Offered advice and legal assistance concerning general corporate matters provided to a worldwide and multidisciplinary consultancy and engineering firm.
Handling general corporate work for one of the most important energy consulting firms. Offered consultancy and legal assistance services for an international company in the food industry regarding the applicability of the Romanian insolvency law and the liability of the shareholders and administrators of limited liability companies.
Advice and legal assistance to an IT firm regarding company incorporation and other corporate matters. Provided legal assistance and consultancy to several companies with regard to the acquisition of firms operating in the fields of healthcare and distribution of wellness and spa equipment.
Specialist lawyers: Bianca Bello, Alexandra Mititelu;
VILAU | ASSOCIATES (see profile ...)
Providing legal assistance to a leading Romanian company, in connection with a ”business angel” investment by a leading Austrian investor to support creation, development and promotion of a technological solution.
Providing legal assistance to a leading independent oil distributor, in connection with a proposed sale of business. Our lawyers were involved in all aspects of the transaction, including in connection with an extensive and detailed vendor due diligence review.
Assisting a top European group in connection with the acquisition of a participation in the most representative 5-star hotel in Bucharest, a transaction valued at over EUR 100 million.
Providing legal assistance to a leading Romanian electricity distribution company, in relation to the competitive process, with reference to the potential acquisition of a competitor.
Assisting a leading independent oil distributor in relation to the acquisition of a competitor.
VOICU & FILIPESCU SCA (see profile ...)
Assistance to a Swiss transport company providing logistics and transport for the chemical industry with the transfer of business to be made by a group of local companies operating an intermodal transportation terminal located in a hub region for transportation services. Services provided included the due diligence investigation over the targets and negotiating the business transfer implementation mechanism and the transaction documents. Project coordinated by Managing partner Daniel Voicu and Managing Associate Carmen Dutescu
Assistance to a US - based global manufacturer of flexible packaging products and pressure-sensitive materials, during the acquisition process of a local group of companies acting in the same industry, as part of its European extension plan. The services included the due diligence exercise over the targeted companies, provision of comprehensive advice in relation to the remedy actions to be implemented in view of the successful closing of the deal and assistance to the buyer during the negotiation and completion of the transaction documents Project coordinated by Managing partner Daniel Voicu and Managing Associate Carmen Dutescu
Assistance to the leading local provider of recover sports medicine services in the transfer of the business to the biggest private medical services provider in Romania, also integrating the management team of the seller. The services provided included assistance to the client during negotiation and up to the completion of the transaction documents and implementation of the business transfer. The deal encompassed a complex earn-out mechanism and specific buyer’s commitments to further investments. Project coordinated by Managing partner Daniel Voicu and Managing Associate Carmen Dutescu
Assistance to a local publishing house during the transfer of a part of its business activity and also the joint venture with a German based group of companies, one of the leading European publishing houses in educational materials, dedicated both to scholastic and adult education. The partners provided for different corporate mechanisms and options to be exercised conditional upon the financial results of the venture. Project coordinated by Managing partner Daniel Voicu and Managing Associate Carmen Dutescu
[Ongoing] assistance to a major regional retailer active on the Romanian market on a series of legal matters related to the client’s business activity such as: (i) negotiating and signing of agreements with suppliers, distributors and other service providers (ii) advice related to various controls from different Romanian public authorities, as well as assistance in connection with the procedure of obtaining specific permits (iii) activities related to social responsibility involvement, (iv) trademark related issues, (v) labor law etc. Project coordinated by Partner Roxana Negutu
WOLF THEISS Rechtsanwälte GmbH & Co KG (see profile ...)
Advising Bain Capital Private Equity, a leading global private investment firm, in the acquisition from Sealed Air Corporation (NYSE:SEE) of its Diversey Care division and the food hygiene and cleaning business within its Food Care division, for approximately USD 3.2 billion. Our Bucharest office provided assistance in relation to the local target, New Diversey Romania SRL.
Name of the team coordinator: Ileana Glodeanu, Partner
Completion date: September 2017
Advising Energizer Holdings Inc., one of the world's largest manufacturers of primary batteries and portable lighting products, on the USD 2 billion acquisition from Spectrum Brands Unit of its global battery and portable lightning business. We assisted the client in 9 jurisdictions (Austria, Bulgaria, Czech Republic, Croatia, Romania, Slovakia, Slovenia, Hungary, Ukraine) on the buy side, with regard to a complex due diligence exercise and M&A aspects of the transaction.
Name of the team coordinator: Ileana Glodeanu, Partner
Completion date: Ongoing
Advising Theramex HQ UK Limited (formerly IWH UK Midco 2 Limited), formed by CVC Capital Partners in its USD 703 million acquisition of selected assets dedicated to women's health from Teva Pharmaceutical Industries Ltd.
Name of the team coordinator: Ileana Glodeanu, Partner
Completion date: January 2018
Assisting CTDI GmbH, a global services company specialised in planning, configuring, modernizing, maintaining and de-building customer technology and networks, on transactional advice and red flag legal due diligence of Regenersis (Bucharest) SRL upon the transfer of the EMEA related business activity from CTDI USA to CTDI EU.
Name of the team coordinator: Ileana Glodeanu, Partner
Completion date: October 2017
Representing DexKo, majority owned by funds managed by The Sterling Group and which was formed in 2015 by combining Dexter Axle and Al-Ko Vehicle Technology (a deal on which Wolf Theiss advised Dexter at the time in relation to Austria, Croatia, Poland and Romania) in the disposal of its business in these same countries to a third party purchaser.
Name of the team coordinator: Bryan W. Jardine, Partner
Completion date: July 2017
Assisting the Romanian entrepreneurs Dorel Cristinel Becheanu and Adina Maria Becheanu, shareholders of the pharmacy chain ARTA (which includes York Farm, Iezer Farm, Panpharma Med and Fastpharm) in the sale of the pharmacies to Penta Investments. The acquisition marked the entry of private equity house Penta, through their portfolio pharmacy group Dr Max, on the Romanian market.
Name of the team coordinator: Ileana Glodeanu, Partner
Completion date: May 2017
ZAMFIRESCU RACOTI VASILE & PARTNERS ATTORNEYS AT LAW (see profile ...)
The sale of the entire stock of shares in a Romanian company active in the field ofmobile top-up and bill payment services.
The acquisition of a company owning and operating a 4-star hotel in Romania.
The acquisition of the majority stock of shares in a Romanian credit institution.
The acquisition of an international group of companies engaged in the processing of fuel, bonus and bank cards.
The restructuring of a leading European fertilizer producer.
Specialist lawyer: Anca Danilescu.