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Kinstellar Advises FirstFarms on Sale of Romanian Operations

Kinstellar Advises FirstFarms on Sale of Romanian Operations

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Kinstellar has advised FirstFarms A/S on the DKK 104 million sale and divestment of its operations in North-Western Romania.

FirstFarms A/S is a Denmark-based investor in agriculture and land in Eastern Europe. Founded in 2006, it operates in Romania, Slovakia, Hungary, and the Czech Republic.

According to Kinstellar, the transaction, which is expected to be finalized before the end of 2021, will allow FirstFarms to invest in further development of its growth strategy, both organically and through acquisitions.

Last year, Kinstellar had advised FirstFarms on the acquisition of agricultural land in Romania from NCH Capital (as reported by CEE Legal Matters on March 11, 2020) and on the sale of a farm in western Romania (as reported by CEE Legal Matters on June 23, 2020).

Kinstellar’s team included Senior Associate Madalina Perte.

Kinstellar did not reply to our inquiry on the matter.

Romanian Knowledge Partner

MPR Partners is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Asociatii as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

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