Popovici Nitu Stoica & Asociatii has assisted longstanding client Voestalpine on the acquisition of the Timisoara-based KTL plant producing coating for metal components from Barum Technik. The seller was advised by Petrea & Asociatii.
The PNSA team was led by Deputy Managing Partner Bogdan Stoica and Managing Associate Vlad Ambrozie and included Managing Associates Ioana Dumitru and Camelia Constantin and Associates Elena Eftene and Ioana Avram. Tax assistance was provided by Mihaela Pohaci, Partner with PNSA Tax SRL, and Raluca Rusu, Senior Tax Manager.
The Petrea & Asociatii team advising Barum Technik was led by Senior Partners Bogdan Petrea and Razvan Petrea.
Barum Technik was also assisted on financial and business processes related to the deal by Florin Cerna of Brinkthink Management.