ROCA Industry bought Dial from businessman Vasile Rosu, who owns 100% of the share capital of Dial and founded it in Harsova (Constanta County) back in 1994.
The transaction, which reaches EUR14 million, was signed at the of April 2022 and is pending approval by the antitrust watchdog.
Reff & Asociatii | Deloitte Legal and experts of Deloitte Romania have provided assistance to ROCA in connection with all key aspects of the transaction, covering the financial, fiscal, legal, commercial and operational due diligence, the confirmation of the acquisition structure, the drafting and negotiation of the documents of the transaction and the notification of the economic concentration to the antitrust body.
The Reff & Asociatii | Deloitte Legal was made up of Georgiana Singurel, Partner, Diana Fejer, Senior Managing Associate, Iulian Maier, Senior Associate, Fraga Varadi, Senior Associate, Anca Olar, Associate, care au asigurat asistența în tranzacție, Andreea Zaharia, Senior Associate, Florin Grumeza, Senior Associate, Gabriela Ilie, Senior Managing Associate, Irina Picos, Senior Associate, Danut Arion, Associate, Ovidiu Balaceanu, Senior Managing Associate, Calin Cosma, Senior Associate, Daniela Baroana, Associate, Calin Georgescu-Muresanu, Senior Associate, Andreea Caragea, Associate, Florin Geana, Associate, who provided asistence in the due diligence process, and Florentina Munteanu, Partner, and Mihnea Radu, Senior Associate, who were engrossed in antitrust issues.
The financial advisory team involved in the project included Radu Dumitrescu, Coordinating Partner, Ioana Boca, Director, Miruna Ciocea, Senior Manager, Laura Necsuliu, Senior Associate, Cristina Ifrim, Senior Associate, and Crina Ciudin, Senior Associate. The team of tax experts consisted of Dan Badin, Partner, and Ioana Nastase, Senior Manager.
Dial had a turnover of EUR12 million in 2021, with exports accounting for 10%.