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RTPR Allen & Overy and Tuca Zbarcea & Asociatii Advise on Sale of Romanian Pet Shop Chain

RTPR Allen & Overy and Tuca Zbarcea & Asociatii Advise on Sale of Romanian Pet Shop Chain

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RTPR Allen & Overy has advised Pet Product shareholder Cristian Pop on the sale of his company to Rohatyn Group. The buyer was represented by Baker McKenzie and Tuca Zbarcea & Asociatii.

According to Tuca Zbarcea & Asociatii, "the Rohatyn Group is one of the largest emerging markets private equity asset managers globally. With presence in 18 cities, TRG deployed USD 6 billion in 140 companies since 2005, with a current value of USD 9.2 billion. Prior to founding TRG in 2002, Nicolas Rohatyn spent 19-years at J.P. Morgan, including five years as a member of J.P. Morgan’s executive management team."

Pet Product is the largest pet shop chain in Romania, with 73 shops in the country operating under the Animax brand.” Concerning the sale of his company, Pop declared: “I invested time, energy, and a lot of work in Animax to reach the point where it is today, and this new stage came naturally to allow the business to grow even more."

RTPR Allen & Overy’s team was coordinated by Managing Partner Costin Taracila, assisted by Counsel Alina Stavaru, Associate Evelin Grigore, and Junior Associates Mihnea Radu and Cezara Popescu.

The TZ&A team was led by Partner Catalin Baiculescu, working with Senior Associate Mihaela Baiculescu and Associate Iulian Maier. Managing Associate Andreea Oprișan, Associate Sergiu Negreanu, and Tax Director Ramona Chitu covered the Competition, Banking, and Tax implications of the deal.


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). 

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