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DLA Piper and David & Baias Advise on Szallas Group's Acquisition of Litoralulromasec.ro

DLA Piper and David & Baias Advise on Szallas Group's Acquisition of Litoralulromasec.ro

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DLA Piper has advised the Szallas Group on its acquisition of Litoralulromasec.ro for more than EUR 21 million. PwC-affiliated law firm David & Baias advised the sellers.

Szallas Group is part of Wirtualna Polska Holding, a technology-based group of companies listed on the Warsaw Stock Exchange with operations in media, advertising, and e-commerce present in Poland and Central and Eastern European countries.

Litoralulromanesc.ro is a travel agency in Romania.

The DLA Piper team included Country Managing Partner Marian Dinu, Partner Paula Corban, Counsel Razvan Pele, Managing Associate Cristi Porojanu, and Senior Associate Bogdan Buta.

The David & Baias team included Partner Anda Rojanschi, Managing Associate Romana Petre, Senior Associate Corina Celmare, and Lawyer Cristina Bostean.

Romanian Knowledge Partner

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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