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CMS has advised RESO-Garantia on its acquisition of ERGO Insurance, a Russian subsidiary of the ERGO Group, from ERGO International AG. Alrud advised ERGO International on the sale. Financial details were not disclosed and the acquisition remains subject to regulatory approvals.

Paksoy has advised Mitsubishi Heavy Industries Thermal Systems on its acquisition of a stake in Form VRF Sistemleri San. ve Tic. A.S., its long-time distributor of air conditioning systems in Turkey. ADMD/Mavioglu & Alkan advised Form VRF Sistemleri on the sale.