Corporate / M&A
The ever-changing landscape that is Romania's business environment requires business acumen and creativity.
We have the Western experience and local know-how to get the deal done, and done properly. We use a team-focused approach to ensure that our client's needs and objectives are fully met, and most importantly, met in a timely manner.
Our Corporate/M&A practice group, co-managed by Ana Frațian and Teodora Moțatu focuses on the fundamentals, meaning a sound understanding of Romanian company law, combined with knowledge of how a business organizes and conducts itself financially, whether closely-held or publicly-traded. Our attorneys advise a wide range of clients from multinationals to high-net-worth local entrepreneurs in all phases of the business cycle, whether advising start-up companies or foreign investors entering the Romanian market, representing those consolidating their position in their respective sectors, or serving as counsel in ongoing corporate governance. Advice may involve simple matters such as company incorporation and day-to-day corporate “housekeeping” matters, or complex share acquisitions and company restructurings, assisted by our tax department. Our acquisitions team is also heavily experienced in carrying out small- and large-scale due diligence, and we are known for not just identifying problematic issues, but also for developing solutions to address them in a manner that meets institutional standards.
Due to our involvement in some of the largest investment projects in Romania, our expertise extends to related areas such as privatisations, private equity/venture capital, regulatory compliance, employment/labour and international commercial arbitration.
Recent major transactions include:
Assisted CloudTreats Inc. in the sale of its leading food delivery platform hipMenu.ro to Delivery Hero one of the largest online food-delivery groups in the world;
Assisting Romanian investors in the hostile takeover of Romprim SA, a leading Romanian fire-fighting and other special vehicles manufacturer;
Assisted ECC Romania, consulting and debt management company, in a cross border merger with Fire Corporation, transaction which included coordination with lawyers in Luxembourg and Italy;
Represented One United Properties, leading Romanian high end residential developer in (i) the acquisition of a 25,800 sqm piece of land from Telekom in Bucharest’s Floreasca area in an EUR 18 million transaction (ii) the acquisition of North Gate office complex and (iii) a 20 million euros bonds issuance through private placement;
Assisted Hagag Development Europe, affiliate of the leading Israeli developer Hagag on various acquisitions in Romania (land, office, residential) and with all Romanian law aspects of a bond issuance on the Israeli capital markets;
Assisted Swiss investor Philippe Jacobs and Ibitol Group, in the sale of its flagship office center Coresi Business Park, via a share deal transaction, to leading European commercial real estate company, Immochan;
Assisted Global Vision, leading Romanian real estate company, in the joint venture between one of its companies and an Austrian partner, for the acquisition and development of a commercial warehousing project near Ljubljana’s airport Brnik.
Assisted Dacris, leading stationary and office supply provider, in the acquisition of Echo Plus, Romanian office supply provider specialized in telesales;
Assisted Atos, multinational IT services corporation (instructed by a major international firm) in the acquisition of Xerox’s IT outsourcing operations;
Assisted Coats plc, a leading global textiles producer (instructed by a major international firm) in the sale of its Romanian Crafts division to Aurelius Group, a listed mid-market pan-European investor;
Represented AdamAmerica, a major Israeli-American development company, on (i) all aspects of the acquisition (share deal) of Construdava, a 9,400 sqm office building on the Pipera-Tunari road in Ilfov, Voluntari and (ii) on all aspects of the acquisition (share deal) and financing of Phoenix Tower, a 10,000 sqm office building in the Vitan district of Bucharest, from majority seller Commerzbank AG;
Assisted the owners of Maravet, a Romanian leading animal health & food products distributor and manufacturer, in relation to the sale of a 50 percent stake to Henry Schein Inc, the world’s largest provider of animal health care products and service, and a Fortune 500 company);
Assisted the shareholder of MT&T, facility and property management companies, in the sale of 100% shareholding in Romania, Bulgaria, and Serbia, to Atalian, a leading international company in these fields;
Assisted the shareholder of Comfert, leading Romanian company on the agrobusiness market, in a complicated restructuring including bank negotiation and spin-off of real estate assets and sale of agrobusiness to Origin Enterprises PLC.