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Petrovic Legal Advises Hefestos Capital on Acquisition of TMK Europe

Petrovic Legal Advises Hefestos Capital on Acquisition of TMK Europe

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Petrovic Legal has advised Hefestos Capital on its acquisition of TMK Europe from undisclosed sellers.

TMK Europe is the majority shareholder of European pipe manufacturer TMK Artrom. Artrom is a seamless steel pipes manufacturer in southern Romania.

Hefestos Capital is an investment banking company in Southeast Europe.

The Petrovic Legal team was led by Partner Stefan Petrovic.

Editor's Note: After this article was published, Petrovic Legal announced that the seller was PAO TMK, a Russian company. 

"Despite the sanctions against Russia and Russian entities, we managed to find a way to conclude the sale and purchase agreement with the Russian entity in the European Union (Germany) in a legal manner and in accordance with the directives of the European Union and fulfill the obligations from the SPA fully," Petrovic Legal reported.

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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