Leroy si Asociatii has advised the French group Lactalis on the squeeze out of the minority shareholders of Albalact.
This procedure successfully completed Lactalis's acquisitio of Albalact, which Leroy si Asociatii describes as the "largest transaction of the past five years in the FMCG industry." The deal was originally reported by CEE Legal Matters on February 4, 2016.
The Leroy si Asociatii team, advising Lactalis in connection with the squeeze out procedure consisted of Partners Bruno Leroy and Andreea Toma and Senior Associate Madalina Ivan. According to Leroy, "we are proud to offer high quality legal advice to Lactalis group for over 10 years in the largest transactions on the Romanian dairy market. We are at the same time grateful for the opportunity to have worked on the most significant voluntary takeover bid of a company listed on the Bucharest Stock Exchange."