Krehic & Partners, working alongside Deloitte Spain and Deloitte Legal Germany and Turkey, has advised Cementos Molins on the Croatian legal aspects of its EUR 150 million acquisition of Calucem from Private Equity Fund Ambienta SGR S.p.A. Cuatrecasas also reportedly advised the buyer. Porobija & Porobija reportedly acted as Croatian legal advisor to the seller.
The deal is expected to close in the last quarter of 2021, contingent on customary regulatory approval.
According to Krehic & Partners, the acquisition will “boost Cementos Molins’ growth and expand the offering of innovative solutions for the construction sector worldwide.”
Cementos Molins is a Spanish producer of cement that operates in Spain, Uruguay, Mexico, Bolivia, Colombia, Tunisia, and Bangladesh.
Calucem is a privately held calcium aluminate cement manufacturer. According to Krehic & Partners, the company operates a production plant in Pula, Croatia, and serves customers in more than 60 countries globally.
The Krehic & Partners team included Partner Matea Gospic Plazina, Attorney-at-Law Valerija Cerovski, and Associate Jelena Kraljevic.
Deloitte Legal Turkey’s team included Partner Lerzan Nalbantoglu, Legal Manager Burcu Tumer, Assistant Manager Zeynep Ozsoy, and Legal Associate Okan Karagoz.
Porobija & Porobija’s team was reportedly led by Zeljka Rostas Blazekovic.