Romania’s antitrust authority cleared the acquisition earlier this month.
The Leroy și Asociații 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.
The law firm also advised Lactalis on the acquisition of Albalact in 2016, the first significant voluntary takeover bid ever carried out on the Bucharest Stock Exchange and subsequently provided legal counsel to the French group in the squeeze out of the minority shareholders of Albalact.