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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.

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