Hristov & Partners has advised MTD Products, an Ohio-based manufacturer of outdoor power and lawn care equipment, on the restructuring of its business operations in Bulgaria.
According to Hristov & Partners, “the restructuring was based on a business review and included voluntary liquidation of the Bulgarian subsidiary company and entry into a distribution agreement with a new entity, formed by the local management.”
Hristov & Partners’ team was led by Partner Pavel Hristov and included Associate Dragomir Stefanov.