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AS Legal Advice Advises Golden Food Snacks on Acquisition of Derpan

AS Legal Advice Advises Golden Food Snacks on Acquisition of Derpan

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AS Legal Advice has advised Golden Food Snacks on its acquisition of Derpan. EY-affiliated firm Bancila, Diaconu si Asociatii reportedly advised Golden Food Snacks on competition matters.

According to AS Legal Advice, Golden Food Snacks owns the Elmas brand, a business controlled by the Mitzalis family. “Golden Food Snacks introduced Fantastic Star to the Romanian market in 1994. The brand was then sold to Chipita, in 1999. Golden Foods Snacks, which has a factory in Filipestii de Padure, and whose main brand is Elmas, re-entered the Romanian market in October 2009. By purchasing Derpan, the Mitzalis family returns to the market in the field of pastry manufacturers and aims to develop the business in Central and Eastern Europe.”

Derpan, owned by the Ancuta family, is a Romanian bakery and pastry manufacturer. 

AS Legal Advice's team included Coordinating Lawyers Cezara Szakacs and Raul Andriuc.

AS Legal Advice was unable to provide additional information on the deal.

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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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