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Dentons Advises Xella on Sale of Precast Concrete Division to Romcim

Dentons Advises Xella on Sale of Precast Concrete Division to Romcim

Romania
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Dentons has advised the Xella Group on the sale of its precast concrete division to CHR group company Romcim. BDO Romania reportedly advised the buyer.

Closing is expected in the first half of 2022, pending regulatory approval.

The Xella Group is a global provider of construction solutions, with operations in 22 countries across Europe.

Romcim is a cement, aggregates, and concrete supplier to the construction market in Romania.

The Dentons team was led by Partner Cristian Popescu and included Counsel Cristina Marcu and Associates Cristina Florea and Alin Dimache.

Dentons at a Glance

Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

Dentons is one of the leading law firms in CEE/CIS, with offices in Warsaw, Prague, Budapest, Moscow, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

Firm's website.