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CEE Attorneys Advises Holde Agri Invest on Farm Acquisition

CEE Attorneys Advises Holde Agri Invest on Farm Acquisition

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CEE Attorneys/Boanta, Gidei si Asociatii has advised Holde Agri Invest on the acquisition of a 2,100-hectare farm in Dambovita county, Romania.

According to CEE Attorneys, “the value of the transaction is RON 10.25 million, of which Holde Agri will effectively pay RON 250.000 and the remaining RON 10 million are debts that will be taken over by Holde Agri, with the aim of being significantly reduced over the next four years, based on a recovery program planned by the group. The farm has its own base and machinery fleet, which is to be modernized in line with Holde Group's operational standards.”

The CEE Attorneys team included Partner Radu Boanta and Senior Associate Dumitru Lazar.

The firm could not provide additional information on the matter.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

Firm's website.

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