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Tuca Zbarcea & Asociatii and Wolf Theiss Advise on Dr. Max Acquisition of Romanian Pharmacies

Tuca Zbarcea & Asociatii and Wolf Theiss Advise on Dr. Max Acquisition of Romanian Pharmacies

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Romanian law firm Tuca Zbarcea & Asociatii has advised Czech pharmacy chain Dr. Max, owned by Penta Investments Group, on its acquisition of the Fastpharm SRL, Iezer Farm SRL, Panpharma Med SRL, and York Farm SRL chains, which will be rebranded and run under the name “Dr. Max”. Wolf Theiss advised the sellers, a Romanian family.

According to Tuca, Zbarcea & Asociatii, "Dr. Max was established in 2004 and is a leading pharmacy chain in Central Europe." Penta Investments, with assets under management of EUR 8.5 billion, is active on ten European markets and has been present in Romania since 2015 on the sports betting and gambling market. It holds Fortuna Entertainment, which recently acquired Casa Pariurilor, the second largest bet shops operator, with a network of over 700 outlets. Țuca Zbarcea & Asociatii’s team also acted on that deals.

Partner Cristian Radu led the TZA team along with with Senior Associate Gabriel Ianculescu.

The Wolf Theiss team was led by Partner Ileana Glodeanu, working with Partner Adrian Ster, Senior Associate Mircea Ciocirlea, and Associate Andreea Stan.

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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