Bondoc si Asociatii has assisted JD Norman Industries Inc., a US-based manufacturer of steel components, with Romanian law aspects of its acquisition of REGE Automotive Brasov. The transaction, which involved the shareholdings of REGE Group in several countries, including Germany and Romania, involved financing by Wanxiang America Corporation, and Bondoc si Asociatii assisted JD Norman Industries on Romanian law aspects of that as well. Dentons advised Wanxiang America on the financing.
The REGE Group acquisition was signed at the end of 2017 and finalized in early 2018.
According to Bondoc si Asociatii, "the acquisition’s documents were highly complex due to the transaction’s structure, which combined an asset transfer with a stock transfer and involved the applicability of insolvency elements."
The Dentons team was led by Romania Managing Partner Anda Todor and included Managing Counsel Magdalena Raducanu, Senior Associate Oana Ionascu, and Associate Razvan Constantinescu.