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PNSA Advises Net Brinel on Takeover by SNEF

PNSA Advises Net Brinel on Takeover by SNEF

Romania
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Popovici Nitu Stoica & Asociatii has advised the owners of Net Brinel on the sale of 85% of the share capital to French Group SNEF, which was reportedly advised by Monaco's Gordon Blair law firm.

Net Brinel, which was established in 1991 in Cluj-Napoca, Romania, is an IT&C system integrator.

Founded in 1905 in Marseilles, Group SNEF provides such services as electrical installation and management of finishing turnkey projects and operations. SNEF operates worldwide, in particular in Western and Eastern Europe, Africa, the Middle East, and Latin America.

PNSA’s team was led by Deputy Managing Partner Bogdan Stoica and Managing Associate Irina Ivanciu and included Associates Dragos Iamandoiu and Ioana Avram.

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