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Capital Legal Services Advises on Supermarket Transaction in Russia

Capital Legal Services Advises on Supermarket Transaction in Russia

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Capital Legal Services has advised Leroy Merlin on its RUB 12 billion acquisition of 12 out of the 14 K-Rauta stores owned by Finland's Kesko, with the latter discontinuing its operations in Russia. Baker McKenzie reportedly has advised Kesko on the sale.

The ownership of the properties will transfer to Leroy Merlin in the first quarter of 2018, at which time the operations of the two remaining K-Rauta properties in the Moscow region not included in the transaction will be discontinued. The surviving shopping locations will become Leroy Merlin hypermarkets.

The Capital Legal Services team was headed by Partner Elena Stepanova and included Senior Associate Olga Sofinskaya and Associates Natalia Gegechkori and Galina Zolotukhina. English law support was provided by Of Counsel Kyle Davis. 

 

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated office in Cyprus.

We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru

 

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