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Bondoc & Asociatii and Wolf Theiss Advise on Sale of Prominent Romanian Winery

Bondoc & Asociatii and Wolf Theiss Advise on Sale of Prominent Romanian Winery

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Bondoc & Asociatii has advised Sarica Niculitel on the acquisition of the Zoresti winery from Domaine Vinarte, which was supported by Wolf Theiss.

The transaction value was approximately EUR 1.5 million.

Sarica Niculitel is a Romanian wine producer headquartered in Bucharest. It was established in 1958, producing wines from the Dobrogea region, which is located at the Danube delta and the Black Sea in the southeast of Romania. 

Zoresti winery is located in Dealu Mare, a well-established Romanian wine region in the Southern Subcarpathian hills. 

According to Bondoc & Asociatii, the transaction included the Prince Matei wine brand, which is "one of the most renowned Romanian wines," as well as 90 hectares of premium vineyard and all related production assets, trademarks, and personnel.

Bondoc & Asociatii Partner Cosmin Stavaru, who coordinated the firm’s team on the deal, commented: “This transaction gives a positive sign that the wine industry in Romania is not only growing, but also maturing. It is the second major transaction in the wine industry after the takeover of Halewood winery by Alexandrion group last year and, while it is too soon to talk about a consolidation trend, we would expect to see other similar transactions in the near future.” 

Wolf Theiss' team consisted of Partner Bryan Jardine, Counsel Flaviu Nanu, and Associate Alexandru Roman.

Bondoc si Asociatii at a Glance

Bondoc și Asociații SCA is a leading Romanian law firm advising private corporations, public entities and lending institutions in the development of significant and increasingly integrated projects in a wide range of practice areas, including corporate and commercial law, M&A, banking & finance (including also structural funds and state aid), energy, capital markets, competition law, labor, real estate, IT&C, regulatory and compliance. Its lawyers are specialized in providing integrated advice on virtually every legal aspect associated with complex cross-border transactions, as well as domestic projects.

We have the experience and necessary resources to advise private corporations, public entities and financial institutions in their cross-border expansion, in the development of significant and increasingly integrated projects.

In terms of M&A transactional work, our team has been involved in many significant transactions covering a broad range of industries.

We are one of the few firms capable of assisting in a professional manner on virtually any type of M&A project in any industry in Romania and of any size, including with respect to highly regulated sectors or in connection with public authorities.

We have very strong departments in all support areas needed for such transactions, including without limitation competition, commercial law, real estate, labor law, banking &finance, energy, environment, and other regulatory.

Key Information:

  • 9 partners;
  • 40 lawyers, most of whom have also studied abroad;
  • Covering the full range of legal services;
  • Having worked on many of the largest and most complex projects in the Romanian market in the past 3 years;
  • One of the very few Romanian law firms growing in the market;
  • Highly recommended by international directories in 11 areas of law.

We offer:

  • Integrity;
  • A Client-oriented approach;
  • Top quality services, including in highly regulated sectors;
  • A size allowing for the coverage of several large projects at the same time;
  • Very strong experience in both domestic and international complex projects, including in highly regulated sectors;
  • A holistic approach.

Expertise:

Our lawyers have wide experience in dealing with complex and sophisticated legal matters.

  1. Banking & Finance
  2. Capital Markets
  3. Commercial
  4. Competition
  5. Corporate / Mergers & Acquisitions
  6. Data Protection
  7. Employment
  8. Energy & Natural Resources
  9. Environment & Regulatory
  10. Healthcare/Pharma & Medical Services
  11. Insurance and Private Pensions
  12. Intellectual Property
  13. IT/Technology & Communications
  14. Litigation & Arbitration
  15. Media, Entertainment & Advertising
  16. Public Procurement & PPP
  17. Real Estate& Constructions
  18. Restructuring & Liquidation
  19. State Aid & European Structural Funds
  20. White Collar / Investigations & Compliance

For further information about Bondoc si Asociatii Law Firm, please visit our website at bondoc-asociatii.ro.