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Leroy si Asociatii Advises Tereos on Sale of Sugar Factory in Romania

Leroy si Asociatii Advises Tereos on Sale of Sugar Factory in Romania

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Leroy si Asociatii has advised Tereos on the sale of its sugar factory in Ludus, Romania, to private investors Mihaela Neagu and Mihail-Daniel Matache. Tuca Zbarcea & Asociatii reportedly advised the buyers. 

The Tereos Group is a French food and beverage manufacturing company that provides raw materials, sugar, starches, and alcohol in 155 countries.

"We are very pleased to have signed with these two investors," Tereos Chairman of the Board of Directors Gerard Clay commented. "This continuation of activity allows us to secure jobs and maintain the sugar business in the Ludus region. This sale of course enables us to adhere to our 2021 strategic plan."

The Leroy si Asociatii team was led by Founding Partner Bruno Leroy and Partner Andreea Toma and included Senior Associate Adriana Spataru and Associates Roxana Palade and Mihnea Orjan.

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Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

Firm's website.

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