Avellum has advised its longstanding client Kernel Holding S.A. on the acquisition of 100% of shares in a large-scale farming business that manages over 190,000 hectares of leasehold farmland and approximately 200,000 tons of grain storage capacity. The value of the deal was USD 155 million. The Antimonopoly Committee of Ukraine approved the acquisition in May 2017.
Linklaters has advised Skanska on the co-creation of a business ecosystem called "Business Link" with Akademickie Inkubatory Przedsiebiorczosci, the largest network of co-working space and private offices in Poland. The joint venture, according to Linklaters, "will enable the developer to create the most comprehensive commercial office proposition available to a wide range of businesses in the CEE market."
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.
Schoenherr has advised AG Foods Group and Cooperatief Avallon MBO U.A. on settlement of minority shareholders' disputes and on a subsequent management buyout.
CMS teams in Austria and Croatia have advised Zagrebacka banka d.d, a member of UniCredit Group, on its sale of non-performing loan portfolios to a company controlled by APS Holding a.s. Ostermann & Partners advised APS Holding on the deal.
Bojovic & Partners has advised the Poseidon Group, a British property investment, development, and management company, on the structuring of its co-investment partnership in the Capitol Park Sombor retail park project with Mitiska REIM, which was advised by Schoenherr.
The Yegin Ciftci Attorney Partnership has advised Turkiye Is Bankasi (Isbank) and Turkiye Sinai Kalkinma Bankasi (TSKB), Turkey’s first privately-owned development and investment bank, on financing provided to Turkuaz Petrol Urunleri A.S. for its acquisition of TP Petrol Dagitim, the fuel retailing branch of Turkiye Petrolleri, Turkey´s state-owned oil and gas firm. The Ak Law Firm represented Turkuaz Petrol Urunleri (a subsidiary of Zulfikarlar Holding A.S.) on its successful bid for TP Petrol Dagitim.