Tue, Aug
81 New Articles

PNSA and Efrim Rosca & Asociatii Advise Bico Industries on Acquisition of Terra Impex Group

PNSA and Efrim Rosca & Asociatii Advise Bico Industries on Acquisition of Terra Impex Group

Deals and Cases
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Popovici, Nitu, Stoica & Asociatii and Efrim, Rosca & Asociatii have advised Bico Industries on its acquisition of the Terra Impex Group. Zlate & Partners reportedly advised the seller, Mihai Vaida.

According to PNSA, “founded in 2006, Bico Industries is one of the largest fiberglass mesh producers in Eastern Europe and the leading Romanian fiberglass fittings producer.”

The Terra Impex Group, founded in 2010, is producing fiberglass products for construction in EU countries as well as Ukraine, Belarus, and Russia.

In 2020, PNSA had advised Bico Industries and its majority shareholder Mihai Birliba on the acquisition of a 30% stake in Bico by Roca Investments (as reported by CEE Legal Matters on October 6, 2020).

PNSA’s team was led by Partner Silviu Stoica along with Managing Associate Vlad Ambrozie.

Efrim, Rosca & Asociatii's team included Partners Oleg Efrim and Vladislav Rosca and Lawyers Maxim Macovei and Gicu Blosenco.

Editor's note: After this article was published, Deloitte Legal's Reff & Associates told CEE Legal Matters it also advised Bico Industries on the deal. The firm's team included Partners Georgiana Singurel and Florentina Munteanu, Senior Managing Associate Andrea Grigoras, Senior Associate Mihnea Radu, and Associate Anca Olar.

Moldovan Knowledge Partner

ACI Partners is a leading law firm in Moldova with an expanding network of partners throughout Europe. ACI Partners was established in 2006 and since then has managed to build a very strong and competitive legal practice. Our business strategy strives to deliver a solid and reliable service, going beyond merely grasping the law, which the clients may turn to whenever they need. In reaching this goal, ACI Partners employs a personalized approach to each client, showing a genuine respect for their values and unqualified commitment to their interests and needs, steadily investing in knowledge and data management and ensuring a working environment consistent with our clients’ quality demands and high expectations.

ACI Partners is a one-stop shop law firm proficient in all possible legal matters a business might come across in Moldova, starting with incorporation of a business, and obtaining of all the necessary regulatory permits, continuing with various daily matters, such as contracts, labor, and migration, and finishing with dispute settlement, insolvencies, and criminal investigations. But we pride ourselves especially for our unmatched expertise in most innovative and complex areas for Moldova, as Modern Financial Products, Data Protection, Renewable Energy, Competition, Clinical Studies, Public Procurement, and Regulatory. In our work, we always involve a team of professionals with the relevant skill-mix, which enables us to provide our clients with an integrated and comprehensive advice, superior to our competitors.

ACI Partners has advised the Government of the Republic of Moldova, businesses, international organizations, and other institutions on most challenging transactions, assignments and projects.

ACI Partners is not just another law firm. Over the course of our existence and working in Moldova, and on the international stage for our non-Moldovan clients, we have developed a strong set of core values which, we believe, guide us in everything that we do and, moreover, gives us a competitive advantage – differentiating us from other firms on the market.

Firm's website.

Our Latest Issue