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Wolf Theiss and Filip & Company Advise on Dr. Max Group Acquisition of Gedeon Richter Romanian Pharmacies and Distribution

Wolf Theiss and Filip & Company Advise on Dr. Max Group Acquisition of Gedeon Richter Romanian Pharmacies and Distribution

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Wolf Theiss has advised the Dr. Max Group on the acquisition of Gedeon Richter's pharma retail and wholesale operations in Romania. Filip & Company advised Gedeon Richter.

The transaction remains contingent on regulatory approval.

According to Wolf Theiss, “present in eight European countries, the Dr. Max Group is the leading pharmacy chain in Central Europe dedicated to improving the health of patients. In Romania, Dr. Max is present in over 750 pharmacies, offering access to a wide range of medicines and pharmaceutical services. The Dr. Max Group is fully owned by Penta Investments.”

Penta Investments is a Central European investment group established in 1994. It focuses on long-term investments in healthcare, financial services, manufacturing, retail, media, and real estate development. 

According to Wolf Theiss, “Gedeon Richter is the largest producer of pharmaceuticals in Hungary. Gedeon Richter is also present in Romania, where it is the only vertically integrated pharma player on the local market, with manufacturing, distribution, and retail operations.”

The Wolf Theiss team included Partners Ileana Glodeanu and Anca Jurcovan, Senior Associates Mihai Coada, Luciana Tache, and Costin Salaru, and Associates Catalin Sabau, Nina Lazar, Maria Ionescu, and Claudia Andreescu.

Filip & Company's team included Partner Monica Statescu, Senior Associates Andreea Banica and Smaranda Vacaru, and Associate Andrei Anghel.

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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