DLA Piper has advised the founders of the Arhelan retail chain, which operates over 100 shops in north-eastern Poland, on the sale of a 49% stake to Polish retailer Eurocash, which was advised by Soltysinski Kawecki & Szlezak. The transaction remains subject to regulatory approval.
The Moscow office of DLA Piper has picked up a four-person Real Estate team from Clifford Chance, led by Senior Counsel Marc Bartholomy and including Legal Director Nick Diakoumis, Senior Associate Anna Krutik, and Associate Alexandra Kuznetsova.
DLA Piper has advised Zabka Polska, a portfolio company of CVC Capital Partners, on the acquisition of Maczfit Foods, a dietary catering company based in Poland, from Resource Partners.
DLA Piper has advised Elektrozavod Group, a Russian manufacturer of transformer equipment, on the RUB 30.5 billion sale of a 94.01% stake in JSC Elektrozavod and 100% in LLC Elektrokombinat to LLC Megapolis Invest, a joint venture between Sistema and Sberbank Investments. Cleary Gottlieb Steen & Hamilton advised the buyers on the deal.
Every spring DLA Piper publishes its annual M&A intelligence report. This past spring, we could only speculate on the effects of the pandemic as COVID-19 had just hit Europe. Informed by our experience of the past few months, we have recently published our updated M&A Global Report. Below we highlight a couple of trends that are impacting CEE.
After many years of liberalization and globalization, recent years have shown a reversal of the European Union’s approach concerning foreign direct investment from third countries. As in much of the world, the EU has taken a more restrictive view than in the past, and this view is reflected on the legislative level with the FDI Screening Regulation.
The Bucharest office of DLA Piper has advised Romanian mobile gaming studio Green Horse Games on an unspecified investment into the company from mobile game developer Miniclip.
An interview with Julien Hansen of DLA Piper Moscow.
Redcliffe Partners has advised US investors Aspect Energy and SigmaBleyzer — acting jointly through a special-purpose vehicle, Ukrainian Energy, L.L.C. — on an oil & gas production sharing agreement with the Republic of Ukraine. DLA Piper reportedly advised the Republic of Ukraine on the transaction.
DLA Piper has advised Raspadskaya on its USD 920 million acquisition of Russian coal producer Yuzhkuzbassugol from EVRAZ that, the firm reports, "will lead to the creation of Russia’s largest and the world’s fifth largest coking coal company." Linklaters advised the seller on the deal.
DLA Piper has advised Respect Energy on the construction of a photovoltaic power plant in Zwartow, Poland. GNZ Legal advised Germany’s Goldbeck Solar, which cooperated with Respect Energy on the project.
DLA Piper has advised Panoptes Pharma co-founders Franz Obermayr and Stefan Sperl and other unspecified shareholders on the sale of 100% of the company to EyeGate Pharmaceuticals. Frotz Riedl in Austria and Burns & Levinson in the US reportedly advised the buyer.
DLA Piper has advised Wipro Limited on its acquisition of Metro-Nom in Germany and Metro Systems Romania.
DLA Piper has advised Photon Energy in connection with the admission to trading of all its shares on the regulated parallel markets of the Warsaw and Prague Stock Exchanges.