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CMS and DGKV Advise on Acquisition of Froneri’s Logistics Activities in Sofia and Varna

CMS and DGKV Advise on Acquisition of Froneri’s Logistics Activities in Sofia and Varna


CMS has advised logistics company Fresh and Food Logistics on the acquisition of the logistics activities of Froneri, a joint venture of Nestle and R&R for production of ice-cream, frozen foods, and dairy products in Sofia and Varna, Bulgaria. Djingov, Gouginski, Kyutchukov & Velichkov advised Froneri on this deal.

The deal was signed at the end of December 2018 and the acquisition of the respective assets from Fresh and Food Logistics is expected to be completed by 2024.

The CMS team was led by Partner Kostadin Sirleshtov and included Senior Associates Jenia Dimitrova and Maria Lazarova and Trainee Zornitsa Stoykova.

The DGKV team included Partner Zdravka Ugrinova and Senior Associates Maya Mircheva and Lilia Kisseva.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm in Central and Eastern Europe. With 13 offices located in Belgrade, Bratislava, Brussels, Budapest, Bucharest, Chisinau, Istanbul, Ljubljana, Prague, Sofia, Vienna, Warsaw and Zagreb, as well as country desks for Albania, Bosnia-Herzegovina, Macedonia, Montenegro and Ukraine, Schoenherr provides its clients with comprehensive coverage of the CEE/SEE region. More than 300 legal professionals work across borders in both a centralized and de-centralized manner, according to the individual client’s needs and requirements. Quality, flexibility, innovation and practice-oriented solutions for complex assignments in the field of business law are at the core of the Schoenherr philosophy.

Firm's website can be found, here.

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