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.