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BPV Grigorescu Stefanica Advises Zitec in Acquisition of Minority Stake by Dante International

BPV Grigorescu Ștefanica Advises Zitec in Acquisition of Minority Stake by Dante International

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BPV Grigorescu Stefanica has advised Zitec on the acquisition of a significant minority stake in the company by Dante International, the Naspers-owned company operating the largest Romanian e-commerce website.

Following the transaction, Zitec will benefit from an infusion of capital intended for financing its expansion plans.

The bpv Grigorescu Stefanica team was led by Managing Partner Catalin Grigorescu and Associate Ciprian Frandes. "We are happy that we had the opportunity to work with Zitec, one of the most valuable and dynamic companies in the IT sector, and to support their development efforts on a highly competitive market." said Grigorescu. "Their entrepreneurship and team discipline in pursuing their goals are an inspiration for us." 

 

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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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