RTPR has advised Romcim on its acquisition of Bauelemente. Schoenherr advised Romcim on the merger and FDI clearance for the acquisition. Popovici Nitu Stoica si Asociatii reportedly advised the sellers.
Bauelemente operates in cement and concrete product manufacturing focusing on prefabricated reinforced and prestressed concrete.
Romcim, part of the CRH Group, is a supplier of cement, aggregates, and concrete for the construction sector in Romania.
According to RTPR, “with this transaction, Romcim adds three production facilities to its Romanian business, located in Bolintin Deal (Giurgiu), Cristian (Sibiu), and Aricestii Rahtivani (Prahova).”
The RTPR team included Partner Mihai Ristici, Managing Associates Cezara Urzica, Andrei Tosa, and Codrina Simionescu, Senior Associates Diana Dimitriu and Ana Maria Barbu, Associate Serban Halmagean, and Junior Associates Flavia Mincu, Filip Marinau, Irina Marinescu, Maria Luca, and George Capota.
The Schoenherr team included Partner Georgiana Badescu, Senior Attorney at Law Cristiana Manea, Attorney at Law Darius Trusculete, and Associate Stefana Andronachi.