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Musat & Asociatii Advises Adesgo on Sale of Business to Tefron Europe

Musat & Asociatii Advises Adesgo on Sale of Business to Tefron Europe

Romania
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Musat & Asociatii has advised Adesgo on the sale of its seamless apparel manufacturing, marketing, and distribution business to Tefron Europe.

Closing is expected in mid-2023, pending regulatory approval.

Adesgo is a Romanian producer of seamless undergarments. Israeli group company Tefron Europe develops and manufactures seamless products.

The Musat & Asociatii team was led by Partner Monia Dobrescu and Managing Associate Madalina Trifan and included Managing Associates Alina Man and Simona Anton and Senior Associate Cristian Cepesi.

Musat & Asociatii did not reply to our inquiry on the matter.

Editor's Note: After this article was published, Firon Bar-Nir announced it had advised Tefron on the acquisition of Adesgo's seamless apparel operation. The firm's team included Bucharest-based Senior Managing Partner Ron Bar-Nir, Managing Partner Alina Moldovan, Partner Diana Schiopu, Managing Associate Sabrina Necula, and Associate Livia Draghici, and Tel-Aviv-based Firon Partner Itzchak Blau, who also serves as the Legal Counsel for the Tefron Group.

Musat & Asociatii at a Glance

We turn our knowledge into value for your business

30 years of extensive expertise in the challenging Romanian market

Muşat & Asociaţii’s name stands for the highest level of expertise and commitment in assisting clients in business matters. For 30 years, Muşat & Asociaţii has provided legal advice for the most dynamic national and multinational private companies across various industries, as well as for state owned companies and the Romanian authorities.

Our diverse practice allows us to work for many major US and EU corporations investing or doing business in Romania, most of which are listed in the Fortune 500.

The firm has been at the forefront of the country’s legal and business development, anticipating the evolving needs of its clients and it has also been involved in the largest transactions on the local market.

We pride ourselves on our impressive portfolio of mandates, always setting legal precedents and breaking new ground.

Today, this unmatched experience in all areas of business law is put to the service of our clients. We focus on constantly developing value-added, tailor-made legal services, aimed at enabling our clients’ business progress in a legally sound environment.

Firm's website: www.musat.ro/