14
Mon, Oct
49 New Articles

Schoenherr and Allen & Overy Advise on Horizon Capital's Exit from Purcari Wineries

Schoenherr and Allen & Overy Advise on Horizon Capital's Exit from Purcari Wineries

Romania
Typography

Schoenherr's has advised Horizon Capital on its sale and private placement of a 22.7% stake in Purcari Wineries Plc for EUR 19 million, carried out through an accelerated book building process addressed to investors worldwide. RTPR Allen & Overy advised Wood & Company Financial Services, a.s., the coordinator and book-runner, and joint book-runners Raiffeisen Centrobank AG and Raiffeisen Bank S.A.

Purcari Wineries is listed on the Bucharest Stock Exchange. The placement is made through the BSE section dedicated to public offers.

Horizon Capita is a private equity firm and the management company of the Emerging Europe Growth Fund II L.P. The company has been a shareholder in Purcari since 2010 via EEGF II.

Purcari is a wine and brandy group in the CEE region that consists of the Purcari, Crama Ceptura, Bostavan, and Bardar brands. The group manages over 1,392 hectares of vineyards and operates four production platforms in Romania and Moldova. Founded in 1827, Purcari delivers to over 40 countries.

The Schoenherr Bucharest team consisted of Partner Narcisa Oprea, Attorneys-at-Law Veronica Das Alexeev and Vlad Sandulescu, and Associate Silviu Lazar.

The RTPR Allen & Overy team included Partner Mihai Ristici and Associate Marina Giurgica.

Romanian Knowledge Partner

MPR Partners | Maravela, Popescu & Roman is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners | Maravela, Popescu & Roman covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Roman as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

More client feedback and further information on MPR Partners | Maravela, Popescu & Roman can be found at www.mprpartners.com.

All News about MPR Partners | Maravela, Popescu & Roman can be found here.

 

Our Latest Issue