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Closing: Tereos Sale of Romanian Sugar Factory Now Closed

Closing: Tereos Sale of Romanian Sugar Factory Now Closed

Romania
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On May 10, 2023, Leroy si Asociatii announced that Tereos’ sale of its sugar factory in Ludus, Romania, to private investors Mihaela Neagu and Mihail-Daniel Matache (reported by CEE Legal Matters on February 14, 2023) had closed.

As previously reported, Leroy si Asociatii had advised French food and beverage group Tereos – a provider of raw materials, sugar, starches, and alcohol in 155 countries – on the sale of its sugar factory in Ludus to two Romanian private investors. Tuca Zbarcea & Asociatii had reportedly advised the buyers.

The Leroy si Asociatii team was led by Founding Partner Bruno Leroy and Partner Andreea Toma and included Senior Associate Adriana Spataru and Associates Roxana Palade and Mihnea Orjan.

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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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