Radu si Asociatii Advises Shareholders of GloriaFood on Sale to Oracle

Radu si Asociatii Advises Shareholders of GloriaFood on Sale to Oracle

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Radu si Asociatii, working with Eversheds Sutherland, has advised the shareholders of GloriaFood, including Oliver Auerbach, Mihai Anghel, and Cosmin Ancuta, on the sale of the company to Oracle. Morgan Lewis and GTC Law Group advised Oracle on the deal on M&A and IP aspects, respectively.

According to Radu si Asociatii, GloriaFood provides innovative software-as-a-service solutions dedicated to the global HORECA industry.

Radu si Asociatii’s team included Managing Partner Radu Diaconu, Managing Associate Nicoleta Gheorghe, and Senior Associates Stefan Mantea, Adina Nitescu, and Claudia Grosu.

Eversheds Sutherland’s team included US-based Partner Ted Cominos and Associate Evan W. Johnson and Paris-based Counsel Cristina Audran-Proca.