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PeliPartners and PNSA Advise on Saint-Gobain's Acquisition of Duraziv

PeliPartners and PNSA Advise on Saint-Gobain's Acquisition of Duraziv

Romania
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PeliPartners has advised Saint-Gobain in acquiring the Romanian Duraziv Group. Popovici Nitu Stoica & Asociatii advised the seller.

According to PeliPartners, the deal, which started as a competitive bid and was closed at the end of September, "confirms that the Romanian M&A market remains active and relevant at a European level."

Established in 2003 under the original brand of Bau Profil, Duraziv specializes in paints and related construction materials. The company reported approximately EUR 24 million in revenue in 2017.

The PeliPartners transactional team was led by Partner Carmen Peli, Senior Associate Andreea Carare, and Associate Adelina Iordache and consisted of 15 lawyers across various departments. Peli together with Senior Associate Oana Bucsa coordinated the competition clearance process.

The PNSA team was led by Partner Silviu Stoica and Managing Associate Vlad Ambrozie.

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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