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Clifford Chance Badea and Schoenherr Advise on Kingspan Group's Acquisition of TeraPlast's Steel Division

Clifford Chance Badea and Schoenherr Advise on Kingspan Group's Acquisition of TeraPlast's Steel Division

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Clifford Chance Badea has advised the Kingspan Group, a company specialized in high-performance insulation and building envelope solutions, on the acquisition of TeraSteel SA, TeraSteel DOO Serbia, and Wetterbest SA. Schoenherr advised TeraPlast on the deal.

According to Schoenherr, "TeraPlast is the parent company of the TeraPlast Group, a Romanian manufacturer of construction materials. With a history of more than 120 years, the group is made up of TeraPlast, TeraSteel Romania and Serbia, Wetterbest, TeraGlass, TeraPlast Recycling, and TeraPlast Hungary."

Clifford Chance Badea's team was coordinated by Partner Nadia Badea and included Lead Counsel Mihai Macelaru, Senior Associates Diana Crangasu and Ecaterina Burlacu, and Lawyers Alexandra Voicu and Maria Ciulica.

Schoenherr's team was led by Partner Madalina Neagu and included Partner Narcisa Oprea, Senior Attorney at Law Alexandra Munteanu, and Attorney at Law Vlad Sandulescu.

Editor's Note: After this article was published, CEELM learned that JPM had advised Kingspan on the Serbian part of the transaction. Their team was led by Senior Partner Jelena Gazivoda and included Partner Jelena Stankovic Lukic and Senior Associates Bojana Javoric and Anja Sakan.

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