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Schoenherr and Hogan Lovells Advise on Allianz-Tiriac’s Acquisition of Gothaer Asigurari Reasigurari

Schoenherr and Hogan Lovells Advise on Allianz-Tiriac’s Acquisition of Gothaer Asigurari Reasigurari

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Schoenherr has advised Allianz-Tiriac on the acquisition of Gothaer Asigurari Reasigurari from the Gothaer Group. Hogan Lovells advised the Gothaer Group on the transaction.

Financial terms of the transaction — which remains subject to the approval of the Financial Supervisory Authority and the Competition Council of Romania — were not disclosed.

Allianz-Tiriac is part of Germany's Allianz group. The Gothaer Group is a Germany-based mutual insurance company offering life, health, and non-life insurance. 

Schoenherr's team in Bucharest included Partners Monica Cojocaru and Georgiana Badescu.

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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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