On March 23, 2023, Tabakov, Tabakova and Partners announced that Delta Foods’ sale of the United Milk Company in Bulgaria to Tyrbul (reported by CEE Legal Matters on September 7, 2022) had closed.

Drakopoulos has advised the Orphee Beinoglou shareholders on their sale of an 80% stake in the company to HIG Capital. Your Legal Partners advised the buyer. AKL reportedly advised Eurobank on financing aspects.

Drakopoulos has advised UK-based engineering consultancy Ricardo on its EUR 27 million acquisition of a 93% stake in E3-Modelling. Mentis-Filopoulou and Associates reportedly advised the seller.

The KLC Law Firm has advised GAP Pharmaceutical Products on transferring its Greek market-approved pharmaceutical licenses to Innovis Pharma.

Reed Smith has advised investor and manager Sirec Energy on the final closing of the European Sustainable Investments Fund, a Greek green-energy fund with total commitments of EUR 70 million.

Contributed by Politis & Partners.

2022 was a difficult year. To put a more positive spin on things, Rojs Peljhan Prelesnik & Partners Managing Partner Bojan Sporar, Deloitte Legal Senior Managing Associate Ened Topi, Redcliffe Partners Managing Partner Olexiy Soshenko, Drakopoulos Managing Partner Panagiotis Drakopoulos, and Polenak Partner Tatjana Shishkovska share what was, for them, the biggest positive surprise in 2022.

Did You Know that, according to the Activity Rankings function of the CEELMDirect website, a total of five lawyers worked on five Greek client matters reported by CEE Legal Matters in the last twelve months – tying them for first place on the 12-month leaderboard in that time – with another five lawyers working on four reported client matters?

Koutalidis has advised the National Bank of Greece on the issuance of a EUR 71 million bond loan by Reds subsidiary Gyalou Emporiki Kai Touristiki Monoprosopi for the purchase of the former US base in Gournes, Crete. Karatzas & Partners advised Reds.

KLC has successfully represented three KTEL regional bus companies – those based in Larisa, Ioannina, and Heraklion – in a pilot trial procedure before the Supreme Administrative Court for the compensation of state-granted discounts on fare tickets. 

Koutalids has advised Alpha Holdings and Services on its EUR 400 million issuance of fixed-rate reset additional tier 1 notes.

Yiannis Loizos and Chrysanthi Karlou have been promoted to Partner at Koutalidis.

Zepos & Yannopoulos has advised Green – V-Group’s energy branch – on the conclusion of two additional PPAs with Heron Energy for power generated by two solar projects.

Bernitsas Law has advised Lavipharm on raising EUR 51.2 million in equity capital and the December 2022 listing of its new shares on the Athens Exchange.

Bernitsas Law has advised Intrakat on raising EUR 100 million in equity capital and the January 2023 listing of its new shares on the Athens Exchange.

Zepos & Yannopoulos has advised the United Group on the merger and corporate restructuring of its Greek entities Nova and Wind.

Kyriakides Georgopoulos has advised Optima Bank on its acquisition of five portfolios of receivables from performing corporate exposures in the secondary market.

 Metro A.E.B.E. has appointed Dimitris Smirnis to Executive Director - Legal & Government Affairs.