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Noerr Advises Daimler on Acquisition of Clever Taxi

Noerr Advises Daimler on Acquisition of Clever Taxi

Romania
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Noerr has advised Daimler on the takeover by its subsidiary, e-hailing company Mytaxi, of Romanian company Clever Tech SRL, which owns the taxi hail app Clever Taxi. Financial terms were not disclosed.

Clever Taxi, which was founded in 2010, is operational in 20 Romanian cities and records over 17,000 drivers and 600,000 users. The Mytaxi app, which was launched one year earlier, has been downloaded more than 10 million times, and Mytaxi has over 120,000 recorded drivers and is available in 70 cities in 10 European countries. Romania becomes the 11th.

The Noerr team was led by Partner Rusandra Sandu, assisted by Senior Associate Luiza Bedros.

Noerr stated that it did not have or was not able to disclose the identity of the sellers, or sellers' counsel.

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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). 

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