Wolf Theiss has advised the shareholders of Romania's DRIM Daniel FMCG on the sale of their majority stake in the company to Polish retail company Zabka, part of CVC Capital Partners. DLA Piper advised buyer Zabka Polska.
The transaction remains contingent on regulatory approval.
DRIM Daniel FMCG is a Romanian distribution sector family business established in 1994. It employs over 500 people and uses a fleet of approximately 380 cars and trucks to supply goods to 10,000 stores every month via 24-hour delivery.
Zabka is a retailer operating small to medium-sized convenience stores in Poland.
The Wolf Theiss team included Partner Ileana Glodeanu and Senior Associate Andreea Carare.
The DLA Piper team included Warsaw-based Partner Jakub Marcinkowski and Senior Associate Michal Sowinski and Bucharest-based Partners Oana Dutu-Buzura and Alina Lacatus, Counsel Razvan Pele, and Managing Associate Denisa Achim-Postea.