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Reff & Associates Advises Smart ID Technology on Acquisition of AB Systems

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Deloitte Legal-affiliated firm Reff & Associates has advised Smart ID Technology on the acquisition of a majority stake in AB Systems. EY Law's affiliate law firm Bancila, Diaconu si Asociatii reportedly advised the sellers.

The transaction remains contingent on regulatory approval.

Smart ID Technology is part of the Sarmis Capital portfolio and is a specialist in process automation.

AB Systems is a manufacturer of durable barcode labels and RFID smart labels, serving companies in the automotive, logistics, and retail sectors. 

The Reff & Associates team included Partner Georgiana Singurel, Senior Managing Associates Stefan Caramida and Andrea Grigoras, Senior Associates Elena Costescu and Diana Ivan, and Associate Maria Marin.

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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