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Schoenherr and EY Law Advise on Greenbridge Partners Acquisition of Rus Savitar and Casa Rusu Acquisition

Schoenherr and EY Law Advise on Greenbridge Partners Acquisition of Rus Savitar and Casa Rusu Acquisition

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Schoenherr Bucharest has advised Greenbridge Partners on its acquisition of a 75% stake in Rus Savitar and its retail arm Casa Rusu from the Rusu family. Radu si Asociatii SPRL, the Romanian member firm of Ernst & Young Global, advised the Rusu family on the sale.

Romanian furniture producer and retailer Rus Savitar operates three furniture manufacturing plants and 21 stores. Following the transaction, Cristian Rusu remains involved in the business both as a shareholder with a 25% participation and as a general manager. 

Founded by Ola Rollen and Melker Schoerling in 2015, Greenbridge Partners is a Swedish privately-held investment firm with a focus on technology in mature and emerging markets.

The Schoenherr team was led by Partner Madalina Neagu, assisted by Senior Attorneys-at-Law Alexandra Munteanu and Cristina Enaga.

The Radu si Asociatii team consisted of Associate Partner Radu Diaconu and Managing Associate Stefan Mantea.

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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). 

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