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Tsvetkova Bebov & Partners Advises Villeroy & Boch on Acquisition of Bulgarian Ideal Standard

Tsvetkova Bebov & Partners Advises Villeroy & Boch on Acquisition of Bulgarian Ideal Standard

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Eversheds Sutherland Bulgarian member Tsvetkova Bebov & Partners, working alongside Freshfields Bruckhaus Deringer, has advised Villeroy & Boch on the acquisition of Bulgarian Ideal Standard- Vidima AD, part of the Ideal Standard Group. White & Case and Boyanov & Co reportedly advised the sellers.

The transaction remains contingent on regulatory approval.

Ideal Standard is a multinational supplier of bathroom products. The company employs more than 7,000 people in 11 production sites in Europe and the Middle East. 

According to Tsvetkova Bebov & Partners, “this transaction is the largest one in Villeroy & Boch’s 275-year-old history, with a purchase price based on a company valuation of around EUR 600 million.”

The Tsvetkova Bebov & Partners team included Managing Partner Irina Tsvetkova, Partner Victoria Tzonkova, Counsel Petar Takov, Managing Associate Philip Kiossev, Senior Associate Victoria Marincheva, and Associate Margarita Zhivkova.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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