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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

Bulgaria
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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 providing local and international companies stellar advice that is straight to the point. With 14 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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