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Clifford Chance Badea and Schoenherr Advise on Kingspan Group's Acquisition of TeraPlast's Steel Division

Clifford Chance Badea and Schoenherr Advise on Kingspan Group's Acquisition of TeraPlast's Steel Division

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Clifford Chance Badea has advised the Kingspan Group, a company specialized in high-performance insulation and building envelope solutions, on the acquisition of TeraSteel SA, TeraSteel DOO Serbia, and Wetterbest SA. Schoenherr advised TeraPlast on the deal.

According to Schoenherr, "TeraPlast is the parent company of the TeraPlast Group, a Romanian manufacturer of construction materials. With a history of more than 120 years, the group is made up of TeraPlast, TeraSteel Romania and Serbia, Wetterbest, TeraGlass, TeraPlast Recycling, and TeraPlast Hungary."

Clifford Chance Badea's team was coordinated by Partner Nadia Badea and included Lead Counsel Mihai Macelaru, Senior Associates Diana Crangasu and Ecaterina Burlacu, and Lawyers Alexandra Voicu and Maria Ciulica.

Schoenherr's team was led by Partner Madalina Neagu and included Partner Narcisa Oprea, Senior Attorney at Law Alexandra Munteanu, and Attorney at Law Vlad Sandulescu.

Editor's Note: After this article was published, CEELM learned that JPM had advised Kingspan on the Serbian part of the transaction. Their team was led by Senior Partner Jelena Gazivoda and included Partner Jelena Stankovic Lukic and Senior Associates Bojana Javoric and Anja Sakan.

JPM Partners at a Glance

We are a full service commercial law firm in Serbia, with over 30 years of successful practice in SEE region and true and lasting partnerships with our clients.

Our diverse teams of lawyers are focused on practice in specific legal areas, handling some of the most high-profile multijurisdictional matters in energy, project development, mining, foreign investments, corporate and commercial. We are highly sought-after for legal advice in creative industries, environmental law and white-collar crime, as well as intellectual property, international arbitration, labor and data protection

As an exclusive member of Lex Mundi – the world’s premiere network of leading independent law firms, we interconnect and reach globally. Regionally, we advise clients in Montenegro directly, through well established partnership with ‘JPM Montenegro Partner Vukmirovic Misic law firm’ and close working relationships with selected first-rate firms in the region. Working together with our domestic and international clients on their most significant transactions and around entry to Serbian market, allows us to operate as the perfect hub for SEE and other cross-border transactions.

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With exclusive access to EQUISPHERE – Lex Mundi Innovative service model, our clients can design their own legal team by choosing the best lawyers in the relevant jurisdictions, sharing documentation and communicating with all teams at any time, from a single point of contact.

Consistently recognized as a top-tier law firm, both by clients and leading independent legal directories Chambers & Partners, Legal 500 and IFLR1000, we remain committed to delivering highest quality service to our clients and help them succeed in overcoming cross-border challenges. We remain committed to continuously share our knowledge by regularly publishing articles, giving lectures and organizing international conferences.

Firm's website: http://jpm.rs/