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Wolf Theiss, Uria Menendez, Cuatrecasas Advise on Glovo's Acquisition of Delivery Hero's SEE Buѕіnеѕѕes

Wolf Theiss, Uria Menendez, Cuatrecasas Advise on Glovo's Acquisition of Delivery Hero's SEE Buѕіnеѕѕes

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Wolf Theiss and Spain's Uria Menendez have advised Spain's Glovo on its EUR 170 million acquisition of Delivery Hero's food delivery service businesses in Bulgaria, Romania, Serbia, Bosnia & Herzegovina, Montenegro, and Croatia. Cuatrecasas advised Delivery Hero.

Glоvо, which wаѕ fоundеd іn 2015 іn Ваrсеlоnа, is primarily еngаgеd іn thе ѕuррlу оf rеаdу-mаdе fооd. The brands acquired by the company include Fооdраndа іn Вulgаrіа аnd Rоmаnіа, Dоnеѕі іn Ѕеrbіа, Воѕnіа аnd Неrzеgоvіnа, аnd Моntеnеgrо, аnd Раuzа іn Сrоаtіа.

The acquisition remains contingent on rеgulаtоrу аррrоvаl.

Wolf Theiss's team was led by Romania Partner Ileana Glodeanu and, in Romania, included Partner Anca Jurcovan, Counsel Flaviu Nanu, Senior Associates Luciana Tache, George Ghitu, Andreea Stan, and Sorin Dumitru, and Associates Cornelia Postelnicu, Iulia Cumparatu, Nina Lazar, Costin Salaru, and Ionescu Maria. 

In Serbia and Montenegro, the team was coordinated by Partner Natasa Lalovic Maric and included Counsels Vidak Kovacevic and Maja Stankovic, Senior Associates Aleksandar Ristic, Marijana Zejakovic, Marko Tesanovic, and Milos Andjelkovic, and Associate Aleksandra Andjelkovic.

In Croatia, the team was coordinated by Partner Luka Tadic-Colic and included Consultant Ira Peric Ostojic.

In Bulgaria, the team was coordinated by Counsel Katerina Novakova and included Associates Zulieta Markova, Nikoleta Ratcheva, Yanitsa Radeva, Bisera Petsovska, and Kristian Yabalkarov.

In Bosnia and Herzegovina, the team included Partner Naida Custovic and Associates Lamis Kulenovic and Alija Genjac from the Law Office Naida Custovic in cooperation with Wolf Theiss, and Wolf Theiss Associates Vedran Hadzimustafic and Ajla Delic.

The Cuatrecasas team was led by Partners Diana Rivera and Kai Christian Fischer and included Lawyers Paula Martinez Moreno, Miguel Angel Castano Martin, and Julio Otero Vazquez.

Editor's note: After this article was published, Gugushev & Partners Law Office informed CEE Legal Matters it had acted on behalf of the seller in Bulgaria. The firm's team was led by Partner Victor Gugushev and included Partner Dimitrinka Metodieva and Associate Kiril Gyorev.

Bosnia and Herzegovina Knowledge Partner

Maric & Co Law Firm stands on the shoulders of more than 70 years of experience and practice in the legal market of Bosnia and Herzegovina. Having in mind that it is difficult to find a small country with such a complicated political and legal system, we are fully aware that quality advice requires deep understanding of different areas of law. In a country where legislation is created on state, entity and cantonal levels, without proper harmonization, and where the same regulation can be applied differently by two different courts, only domestic lawyers who are well-versed in local regulations and court practices, and who are highly specialized in their practice area, may actually help their client.

With this understanding, today, the firm Maric and Co is the largest law office in the country dealing exclusively with business law. This means that we provide wide expertise in resolving all issues that domestic and international investors encounter when setting up and operating businesses in Bosnia and Herzegovina. The scope of the office allows each of our attorneys to highly specialize in their fields, whilst the size of our team ensures delivery of premium advice and seamless service. Our firm seeks long-term partnerships with clients with the aim of providing the best and most complete solution to the client's legal needs. We are proud to say that our clients do not leave us.

We apply the same principles to our international affairs, aware of the fact that no foreign lawyer can have the same understanding of legal regulations of a country as a domestic lawyer. Therefore, our philosophy is not to open branches in countries where our clients do business, but to closely connect with top tier lawyers in those countries. Our law firm is one of the founding members of SEE Legal – a group of ten leading national law firms from 12 South East European countries. This network enables us to provide the best advice and representation in these countries. Additionally, as a result of our strong relationship with the majority of global law firms, we are able to provide law services anywhere in the world.

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