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GNP Guia Naghi & Partners Advises on CIS Gaz Acquisition of Majority Stake in Next Energy Distribution

GNP Guia Naghi & Partners Advises on CIS Gaz Acquisition of Majority Stake in Next Energy Distribution

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GNP Guia Naghi & Partners has advised both the buyer and the sellers in the CIS Gaz acquisition of a majority stake in Next Energy Distribution from the Toma family.

Both companies are active in natural gas supply as well as pipeline construction-installation and related works. According to the firm, merger clearance has already been received and the transaction should close shortly. The sellers will stay on as shareholders to contribute to Next Energy Distribution's future development, GNP reported.

CIS Gaz designs, manufactures, and installs oil and gas infrastructure and facilities, and supplies the equipment used along the entire production chain.

Next Energy Distribution's primary operations encompass minerals, fuels, metals, and industry chemicals trading.

The GNP Guia Naghi & Partners team included Partners Otilia Vilcu, Manuela Guia, and Bianca Naghi, and Lawyers Roxana Barica, Adelina Iordache, and Bianca Cernitoiu.

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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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