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Reff & Associates Advises Knauf Insulation on Acquisition of Gecsat Factory

Reff & Associates Advises Knauf Insulation on Acquisition of Gecsat Factory

Romania
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Deloitte Legal's Romanian affiliate Reff & Associates has advised Knauf Insulation on its acquisition of the Gecsat glass mineral wool factory located in Tarnaveni from Gecsat SA shareholders.

According to Reff & Associates, “after the takeover of the factory, Knauf Insulation has started an extensive modernization process, to bring the space and the production line at Knauf standards and to allow the factory to produce glass mineral wool at the highest quality standards while protecting the environment.”

Reff & Associates’ team included Partners Georgiana Singurel and Florentina Munteanu, Senior Managing Associates Diana Fejer and Gabriela Ilie, Managing Associates Andreea Zaharia and Maria Nitulescu, and Senior Associates Florin Grumeza, Mihnea Radu, Calin Cosma, and Irina Picos.

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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