Djingov, Gouginski, Kyutchukov & Velichkov has advised Dohle Trading Group Holding LLC & Co. LP, the German founder and operator of HIT hypermarkets, on the June 2019 sale of its Bulgarian subsidiary to Rodna Zemya Holding AD, which was advised by Boyanov & Co.
The transaction remains subject to the approval of the Bulgarian competition authority.
The Dohle Trading Group, which entered the Bulgarian market in 2014, specializes in retail with consumer goods and rent of commercial properties.
The DGKV team was led by Partner Zdravka Ugrinova and included Partner Viara Todorova, Senior Associates Kaloyan Krumov, Vladislav Antonov, and Kamen Gogov, and Associates Martin Dimitrov, Elena Shopova, Dessislava Ivanova, and Peter Angov.
The Boyanov & Co team was led by Partner Nikolay Zisov and included Partners Nickolay Nickolov and Peter Petrov, Senior Associates Violeta Kirova, Iva Miteva, and Mihail Vishanin, and Associates Adriana Bakalova, Nedyalka Novakova, and Deyvid Iliev.