Ellex Valiunas has advised Edenred SA on its acquisition of a 60% stake in Lithuania's EBV Finance. The acquisition also included EBV Finance subsidiaries in Bulgaria, Poland, Romania, Spain and Estonia. Penkov Markov & Partners advised Edenred in Bulgaria, as did Wardynski & Partners in Poland, Nestor Nestor Diculescu Kingston Petersen in Romania, and Uria Menendez in Spain.
Ellex Valiunas describes EBV Finance as "one of the leading players in the Northern and Eastern European market for tax refunds for European transport companies."
Ellex Valiunas's team consisted of Partner Paulius Gruodis, Associate Partner Ruta Armone, Associate Aleksandras Asovskij, Experts Ilona Janciauskaite and Gintaras Balcius, Lawyers Augustinas Macionis and Diana Cerkeviciute, and Junior Associate Tomas Balcytis, and Ellex Raidla Associate Reet Saks.
The Wardynski & Partners team consisted of Partner Krzysztof Libiszewski and Associate Michal Gintowt.
The NNDKP team included Partner Corina Dumitru and Associate Claudia Lazar.
Editor's Note: After this article was published Penkov Markov & Partners informed CEE Legal Matters that its team consisted of Managing Partner Nikolay Cvetanov and Attorney at Law Vyara Tomova.