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RTPR Allen & Overy Advises Arobs Transilvania on Acquisition of SAS Grup

RTPR Allen & Overy Advises Arobs Transilvania on Acquisition of SAS Grup

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RTPR Allen & Overy has advised Arobs Transilvania on the acquisition of SAS Grup, the company that owns alarma.ro. Solo Practitioner Gabriela Stanescu advised the SAS Grup on the deal, which was signed in August of this year and closed in October.

According to a statement on the alarma.ro website, "SAS Group Company is the largest manufacturer and supplier of GPS systems in Romania and its object of activity is to design, project, develop and produce GPS surveillance and monitoring solutions for vehicles and people. In 2007, SAS Group has become the leader of the Romanian alarm and GPS fleet monitoring systems, and it holds this position ever since."

Arobs founder and CEO Voicu Oprean commented, "This step is part of our growth strategy through acquisitions, a process that began in 2013 by integrating more local players. We are constantly seeking to develop both the range of products and services provided to our customers and to diversify our industries. Therefore SAS Grup's contribution to our strategy is more than favorable.”

Arobs Transilvania Software is a Cluj-based IT company specializing in software development for mobile applications and GPS equipment distributors.

The RTPR Allen & Overy was led Managing Partner by Costin Taracila and included Counsel Alina Stavaru, Managing Associate Vicu Buzac, Associate Laurențiu Tisescu, and Juniro Associate Cezara Popescu, Laura Mavrodin, and Bogdan Nae.

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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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