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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

Committed to redefining a law firm's role in an emerging regional market, Gecić Law is a full-service law firm that advises international and local clients from the public and private sectors in navigating the complex legal landscape of the region across multiple practice areas. Members of the Gecić Law team have graduated from leading universities in the US and Europe. They have extensive local and international experience, with a particular focus on EU regulatory frameworks and international trade and a proven track record in providing innovative and practical solutions in the most complex of matters.

Gecić Law is an exclusive member of two leading global alliances, TerraLex and TAGLaw, extending its international footprint. The firm and its lawyers have continuously been recognized in several practice areas by elite global directories, including The Legal 500, Chambers and Partners and Benchmark Litigation. Gecić Law was named Law Firm of the Year: South Eastern Europe 2021 and Law Firm of the Year: Eastern Europe and the Balkans 2020 at The Lawyer European Awards and was repeatedly nominated in other practice areas.

For more details, please visit geciclaw.com.


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