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DGKV Advises Mundus Services on Acquisition of A.S.S. Bulgaria EOOD

DGKV Advises Mundus Services on Acquisition of A.S.S. Bulgaria EOOD

Bulgaria
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Djingov, Gouginski, Kyutchukov & Velichkov (DGKV) has advised Mundus Services AD on its EUR 3.2 million acquisition of 100% of the capital of A.S.S. Bulgaria EOOD – a supplier of technical equipment maintenance to office and administrative buildings and engineer of security systems – from S.V.S. EOOD (80%) and a private individual (20%). The sellers were advised by the Bazinas Law Firm on the deal, which remains subject to approval by Bulgaria's Commission for Protection of Competition.

Mundus Services – which, according to DGKV, "became Bulgaria’s largest corporate structure in the field of facility management after it acquired Facility Optimum Bulgaria and cleaning services firm Viki Komfort 2004 in 2016" – is a joint venture of Empower Capital investment fund and the Finnish-based investment firm KJK Capital.  

The DGKV M&A team was led by Partner Stephan Kyutchukov, assisted by Senior Associate Valentin Bojilov and Associate Nikola Minchev, while Partner Nikolai Gouginski and Associate Vladislav Antonov handled competition matters.  

The team of the Bazinas Law Firm, in Greece, was led by Yiannis Sakkas. Mr. Sakkas did not reply to our inquiry on the matter.

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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