DLA Piper has advised Russian private equity firm Baring Vostok on the acquisition of a minority stake in Synergetic, a Russian manufacturer of environmentally friendly detergents and cosmetics. Synergetic was advised by Baker McKenzie.
According to DLA Piper, “Baring Vostok’s funds have invested more than USD 500 million in 13 service and consumer goods companies since 1996. This transaction will help the company strengthen its position among manufacturers of safe and eco-friendly products for home, scale up the operations, and expand its business."
The DLA Piper team in Moscow was led by Partner Leo Batalov and supported by Senior Associate Andrei Sheetkin and Associate Alexandra Braterskaya.
Baker McKenzie's team was led by Partner Igor Makarov and included Senior Counsel Dmitry Yeremin and Associate Alexander Fedotov.