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PNSA and Bancila, Diaconu si Asociatii Advise on Hexagon's Acquisition of Ferrosan Plant from GSK

PNSA and Bancila, Diaconu si Asociatii Advise on Hexagon's Acquisition of Ferrosan Plant from GSK

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Popovici Nitu Stoica si Asociatii has advised Hexagon Retail Properties on the acquisition of the Ferrosan plant from GSK. Bancila, Diaconu si Asociatii advised the seller.

The Ferrosan plant has a total area of 12,800 square meters, which consists of an office building of 2,000 square meters and warehouses with a total area of approximately 3,800 square meters.

GSK is a healthcare company, operating on the Romanian market for over 30 years.

Hexagon Retail Properties is a privately managed industrial group engaged in real estate and retail. The company has projects in Cluj Napoca and Bucharest.

The Bancila, Diaconu si Asociatii team included Partner Roxana Dudau and Managing Associate Alexandra Siminiceanu.

The PNSA team consisted of Partner Florian Nitu and Managing Associates Ela Marin, Camelia Patrascu, and Ana Maria Popa.

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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