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RTPR Advises Grup Serban on AeRO Market Listing

RTPR Advises Grup Serban on AeRO Market Listing

Romania
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RTPR has advised Grup Serban Holding on the private placement of shares and preparation for the admission to trading on the AeRO market of the Bucharest Stock Exchange.

According to the firm, the company raised RON 12.7 million through the placement, and admission to trading is to take place at the beginning of next year.

Grup Serban Holding operates in several fields, such as agriculture, grain trading, oil plants and vegetables, poultry farming, bakery, pastry-confectionery, public catering, distribution, and transport.

"We would like to thank the RTPR team for all their support offered for the successful closing of this first step towards the capital markets, a step through which we wish, together with the investors who joined us, to succeed in implementing our growth plans at an accelerated pace, investing in modern technologies with an important component of sustainability and reducing the impact on the climate, focusing on sustainable agricultural activities such as crop rotation, the use of no-till technology – minimum soil work, composting, carbon capture and respectively reduced use of chemical fertilizers. All these investments are aimed at increasing the EBITDA margins, bringing added value to all parties involved," commented Grup Serban Chief Financial Officer Ovidiu Bucataru.

The RTPR team was coordinated by Associate Marina Fecheta-Giurgica, under the supervision of Partner Mihai Ristici. It also included Junior Associate Flavia Mincu.

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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