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PeliPartners and PNSA Advise on Saint-Gobain's Acquisition of Duraziv

PeliPartners and PNSA Advise on Saint-Gobain's Acquisition of Duraziv

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PeliPartners has advised Saint-Gobain in acquiring the Romanian Duraziv Group. Popovici Nitu Stoica & Asociatii advised the seller.

According to PeliPartners, the deal, which started as a competitive bid and was closed at the end of September, "confirms that the Romanian M&A market remains active and relevant at a European level."

Established in 2003 under the original brand of Bau Profil, Duraziv specializes in paints and related construction materials. The company reported approximately EUR 24 million in revenue in 2017.

The PeliPartners transactional team was led by Partner Carmen Peli, Senior Associate Andreea Carare, and Associate Adelina Iordache and consisted of 15 lawyers across various departments. Peli together with Senior Associate Oana Bucsa coordinated the competition clearance process.

The PNSA team was led by Partner Silviu Stoica and Managing Associate Vlad Ambrozie.

Peli Partners at a Glance

PeliPartners is a full service business law firm based in Romania.

A team specialising in complex projects that require innovative approaches, the PeliPartners lawyers have a wealth of experience in a variety of fields, including corporate, mergers and acquisitions, financing, competition, infrastructure & concessions, energy, real estate and corporate law – being involved in some of the most important transactions on the Romanian market for the past 20 years.

Areas of practice

Corporate M&A: With a reputation gained in complex transactions across many sectors (such as financial services, healthcare, energy, IT&C and others), the PeliPartners lawyers are regularly called to assist strategic clients, as well as investment funds or entrepreneurs in relation to various corporate projects, including M&A, structuring or restructuring of groups of companies or corporate governance matters. The firm regularly works in cross-border projects and in collaboration with international law firms.

Finance & banking is a strong practice at PeliPartners, whose lawyers advise across various matters, including financing / refinancing, restructuring, performing and non-performing portfolio acquisitions, regulatory. PeliPartners has a well established reputation with banks and debtors alike. The firm is included in the panel of some of the largest banks present in Romania. PeliPartners advises as well on cross-border financing and restructuring transactions.

Competition & Commercial: PeliPartners’ antitrust practice enjoys a fantastic reputation among international and local clients. The firm’s lawyers are thought leaders and have advised in some of the most complex transactions and projects related to this jurisdiction. They advise on investigations, merger clearance procedures, as well as on various compliance matters, helping clients design and implement distribution, franchise and pricing systems and policies. The firm currently assists clients in sectors such as financial services, IT, telecom, retail, healthcare & pharma.

Real Estate & PPP: With a stellar reputation among local and institutional developers and investors, PeliPartners is called to assist in some of the largest transactions or projects on the Romanian market.

Dispute Resolution: This firm’s clients want to be assisted and represented by PeliPartners when disputes arise in relation to their activity. PeliPartners will put together mixed teams of practice experts and litigation lawyers, that can bring an innovative but thorough approach of each matter.

Firm's website: https://pelipartners.com/