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Wolf Theiss and D&B David and Baias Advise on Sale of Dacia Plant to Ceres Pharma

Wolf Theiss and D&B David and Baias Advise on Sale of Dacia Plant to Ceres Pharma

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Wolf Theiss has advised Dacia Plant shareholders Calin Ioan Ianta and Radu Ionescu-Heroiu on the sale of a majority stake in the company to Ceres Pharma. PwC's Romanian affiliate D&B David and Baias advised Ceres Pharma on the deal.

Ceres Pharma is a Belgian pharmaceutical company active in women and family healthcare. 

Dacia Plant is a wholly Romanian-owned company dealing in the development, production, and distribution of food supplements in Romania.

According to Wolf Theiss, ”Ceres Pharma will strengthen its position in the Romanian market through this acquisition, which is of high strategic importance since it expands its product portfolio in Europe.”

The Wolf Theiss team included Partner Ileana Glodeanu, Senior Associates Luciana Tache and Mihai Coada, and Associates Roxana Balica and Iulia Cumparatu.

The D&B David and Baias team included Partner Anda Rojanschi, Managing Associates Adina Oprea, Lucian Bozian, and Daniel Vinerean, Senior Associates Mihaela Papandreia and Sonia Voinescu, and Associate Adriana Popa.

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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). 

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