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D&B David and Baias Advises on Piriou Acquisition of ATG Naval Shipyard

D&B David and Baias Advises on Piriou Acquisition of ATG Naval Shipyard

Romania
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PwC affiliated law firm D&B David and Baias has advised French group Piriou on its acquisition of Romania's ATG Naval Shipyard in Giurgiu from investors Teodor Apostol and Adrian Patriche.

The transaction entailed the acquisition of the three entities within the ATG group: Shipyard ATG Giurgiu, ATG Marina, and ATG Hydro-Tehnica Systems.

Founded in 1965, the Piriou group operates in Europe, Africa, and Asia and specializes in the building and repair of ships. It has built over 500 ships to date, including for the French and Moroccan navies.

The D&B David and Baias team consisted of Partner Anda Rojanschi, Managing Associate Adina Oprea, Senior Associate Mihaela Papandreia, and Associate Adriana Popa.

The firm did not respond to our request for additional details.

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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