RTPR Allen & Overy has advised Allianz Capital Partners on its acquisition of a 30% stake in E.ON Distributie Romania, the largest electricity and gas distribution network operator in the northern part of Romania. Botezatu & Asociatii advised the sellers on the transaction, which RTPR Allen & Overy describes as the largest "in Romania in the energy sector in the last years."
The RTPR Allen & Overy team was led by Partner Mihai Ristici and Counsel Alina Stavaru, with support from Allen & Overy Partner Karan Dinamani and Associate Jon Fox from the firm's London office and Partner Ellen Braun from Hamburg. The transaction was also supported by a team of 20 lawyers from the RTPR Allen & Overy office.
Ristici commented: "It’s a privilege to have assisted Allianz Capital Partners on their investment in E.ON. The success of this landmark transaction in the Romanian market represents a remarkable accomplishment for our team. I would also like to thank KPMG and Botezatu & Asociatii for their excellent collaboration, on this deal."
Dinamani referred to a deal reported earlier this week on CEE Legal Matters in commenting that: "This is the second ground-breaking deal to sign in Romania this week that RTPR Allen & Overy has advised on, following Enterprise Investors’ exit from Profi, Romania’s largest supermarket chain. This demonstrates the depth and breadth of our international private equity practice which has enabled us to advise on some incredibly significant deals this year."
