09
Thu, Dec
70 New Articles

Schoenherr Advises Aquila on EUR 74 Million IPO

Schoenherr Advises Aquila on EUR 74 Million IPO

Romania
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Schoenherr has advised Romanian FMCG distributor Aquila on the successful completion of its initial public offering and sale of 66.6 million new shares, for a total sum of approximately EUR 74 million.

According to Schoenherr, “the funds raised will be used to acquire FMCG/distribution companies, strengthen the company's work capital, invest in digitalization projects, and develop company brands. Following the successful completion of the IPO, Aquila will apply to list its shares on the regulated market of the Bucharest Stock Exchange.”

Aquila is a Romanian FMCG distribution company, with revenues of EUR 362 million in 2020. The group serves a network of about 67,000 points of sale.

Schoenherr’s team included Partner Narcisa Oprea, Senior Attorney Veronica Das-Alexeev, and Attorney Silviu Lazar.

Romanian Knowledge Partner

MPR Partners 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 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 & Asociatii 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 can be found at www.mprpartners.com.

All News about MPR Partners can be found here.

Our Latest Issue