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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.

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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