BOYANOV & Co. and KALO & ASSOCIATES Advised Albania Telecom Invest and One Telecommunications SHA

BOYANOV & Co. and KALO & ASSOCIATES advised Albania Telecom Invest and One Telecommunications SHA on the refinancing of a EUR 48.5 million acquisition loan from First Investment Bank used by ATI in 2019 to acquire a controlling stake in One from OTE.

SEE Legal Group Advises on Nomad Foods' Acquisition of Fortenova Group’s Frozen Food Portfolio

Nomad Foods Limited has entered into an agreement to acquire Fortenova Group’s Frozen Food Business Group for an aggregate consideration of approximately EUR 615 million on a debt-free, cash-free basis.

Kolcuoglu Demirkan Kocakli and BOYANOV & Co. Cooperate on the Sale of Mobiliz Tracking Systems

KDK advised Mediterra Capital on the sale of Mobiliz Tracking Systems, the market leader in the mobile tracking solutions sector in Turkey, to Fleet Services OOD.

NNDKP and BOYANOV & Co. Advised Banca Comerciala Romana S.A.

Nestor Nestor Diculescu Kingston Petersen advised Banca Comerciala Romana S.A., the lender, in respect to the financing of an office project in Cluj-Napoca, one of the most vivid economic hubs in Romania.

Link Mobility Group AS (Norway) Signed an Agreement to Buy Five of Allterco’s Telecom Subsidiaries

On 29 June 2019 Bulgaria's Allterco has signed an agreement to sell five of its telecommunications subsidiaries to Norway's LINK Mobility Group for an indicative price of EUR 7.9 million. The final price will be determined on a cash-free/debt-free basis after correction of the companies' preliminary financial statements. The deal concerns Allterco's units in Bulgaria - Teravoice, Tera Communications and Allterpay, as well as its Romania-based subsidiary Teracomm RO and North Macedonia-based Tera Communications DOOEL. Upon completion of the transaction, Allterco will receive 60% of the price in cash. A further 20% will be paid on a deferred basis within two years, while the remaining 20% will be paid by transferring rights for purchase of shares in Victory Partners VIII Norway Holding - the sole owner of LINK Mobility Group. With this deal, Allterco is divesting its entire telecommunications portfolio and will focus on its IoT subsidiaries.

Three SEE Legal Members Advise Link Mobility Group AS (Norway) on the Acquisition of Teracomm

Europe’s leading and fastest growing provider of B2C messaging services is expecting competition clearance in Bulgaria in order to proceed to the acquisition of South-Eastern European mobile messaging activities, currently owned by Allterco (a Bulgarian listed company) and operated under the brand “Teracomm”. Teracomm is among the leading providers of B2C messaging services in the region, offering sound technical solutions to respond to the business needs of its clients and partners.

BOYANOV & Co. and KALO & ASSOCIATES Completed the Deal for the Acquisition of Telekom Albania

BOYANOV & Co. and KALO & ASSOCIATES, members of SEE Legal, advised Albania Telecom Invest (ATI), a joint venture of the businessmen Mr. Spas Roussev and Mr. Elvin Guri, on the acquisition of Telekom Albania from Cosmote, Greece (part of the Deutsche Telekom Group). BOYANOV & Co. advised ATI on the entire deal – participation in a sales auction, legal due diligence, negotiation of the sale and purchase agreement, escrow agreement and set of other transaction documents, as well as negotiation of the financing for the deal from First Investment Bank. BOYANOV & Co. worked in close cooperation with KALO & ASSOCIATES, Tirana who advised the buyer on Albanian law related matters. The deal was completed on 7 May 2019.

SEE Legal Group Advised Netlog Logistics

Members of the SEE Legal Group acted in the course of due diligence of the Intereuropa group of companies, upon the announcement of a bank consortium that it is selling 72% share capital in Intereuropa d.d. The client, Netlog Logistics, was pleased with the smooth cooperation and coordination of lawyers in eight SEE Legal jurisdictions and Ukraine who agreed to a common engagement letter and seamlessly produced a common due diligence report. Coordination of the project was done by the Slovenian SEE Legal member firm SELIH & PARTNERJI Law Firm whose team was led by partners Jera Majzelj and…

SELIH & PARTNERJI Advised KJK Fund on its Acquisition of Elan

SELIH & PARTNERJI Law Firm has advised the KJK Fund on its acquisition of Slovenian sporting goods manufacturer Elan from MLI (part of the Bank of America Merrill Lynch group) and Wiltan (part of VR Capital group). While merger clearances in other countries have already been obtained, the sale is still contingent on the approval of Slovenia's competition authority, and it is expected to close in mid-2019.

SEE Legal Group Advised LDC Group

Members of the SEE Legal Group have performed due diligence on Perutnina Ptuj and its subsidiaries in four jurisdictions in the SEE region acting for the LDC Group. The client’s perception of the target group as a single business entity was successfully supported by the members of SEE Legal by delivering their combined due diligence efforts through the single point of contact at the lead counsel. This role was assumed by the Slovenian SEE Legal member firm, SELIH & PARTNERJI Law Firm. Despite having to deal with many jurisdiction-specific issues in the background, the SEE Legal team accomplished to meet the client’s needs swiftly and in a unified manner.

BC Partners Pens Contract To Buy United Group From KKR

BC Partners, a leading international investment firm, signed an agreement to acquire a majority stake in United Group B.V. from KKR which is to remain a minority stakeholder. This is an important event on the South-East European market given that United Group provides broadcasting and distribution services to more than 1.8 billion customers in the region and employs over 3400 people. In its official statement, BC Partners expressed excitement about the transaction and commitment to further invest in United Group’s growth. The closing of the deal is subject to standard regulatory approvals. BDK…

SEE Legal Advises TNT and FedEx

SEE Legal advises TNT and FedEx on all legal matters related to the business of the companies in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo, North Macedonia, Montenegro, and Serbia.