KDK Advised Volt Motor in the Sale to WEG

December 2024 Our member firm, Kolcuoglu Demirkan Kocakli, has recently advised Volt Motor, a Saya Group company, and its individual shareholders, on the sale of Volt Motor to WEG, one of the largest manufacturers of electric motors globally. 

BOYANOV & Co. Assists Sopharma in Completing Initial Stage of Strategic Pharmaceutical Portfolio Acquisition

December 2024 Sopharma AD, Bulgaria’s leading pharmaceutical company, initiated an acquisition of a substantial portfolio comprising consumer healthcare and prescription products. At the end of November 2024, Sopharma announced the completion of the due diligence procedures, marking the conclusion of the first stage of the acquisition. At this juncture, an amount of EUR 40 million was disbursed. The subsequent steps involve the transfer of marketing authorisations and trademarks, alongside the organisation of trading activities in the respective markets. Our member firm, BOYANOV & Co.,…

DTB Assisted Digital Realty in the Sale of Cloud Services Business to Databox

November 2025 Our member firm Divjak Topic Bahtijarevic & Krka assisted Digital Realty, the world's largest provider of data center solutions, in the sale of its cloud services business in Croatia to Databox, a leading Croatian provider of cloud and data center services. Dina Salapic, Senior Attorney, led DTB's team, which included Attorneys Barbara Simic, Anella Bukovic and Jure Marovic, and Valeria Kirac, Associate, in supporting Digital Realty on the M&A and commercial aspects of the transaction.

KDK Law Firm Advised Turkven on Its Acquisition of Karbonsan

November 2024 Our member firm Kolcuoglu Demirkan Kocakli has advised Turkven on its acquisition of Karbonsan, one of the top 10 cryogenic tank manufacturers in the EMEA region.

KDK Law Firm Advised Vitol and Its Turkish Subsidiary Petrol Ofisi

November 2024 Our member firm, Kolcuoglu Demirkan Kocakli, advised one of the world’s largest energy companies, Vitol, and its Turkish subsidiary Petrol Ofisi on the acquisition of bp’s Turkish downstream fuel operations.

Kyriakides Georgopoulos Law Firm Acted as Greek Legal Advisor to Becton, Dickinson and Company

November 2024 Our member firm, Kyriakides Georgopoulos Law Firm, acted as Greek legal advisor to Becton, Dickinson and Company ("BD"), a leading global medical technology company, in the local acquisition of the Critical Care business of Edwards Lifesciences. This transaction was completed as part of BD’s USD 4.2 billion global acquisition of Edwards Lifesciences' Critical Care product group, a global leader in advanced monitoring solutions. The deal unlocks new opportunities for value creation and enhances BD's portfolio of smart, connected care solutions. The KG Law Firm project team was…

KG Law Firm Supported Grimaldi Group on the Completion of the Heraklion Port Authority Privatisation

October 2024 Our Greek member firm, Kyriakides Georgopoulos Law Firm, supported Grimaldi Group on the successful completion of the privatisation project of Heraklion Port Authority.  Upon the closing of the transaction, Symmetoches Limenos Irakliou S.A., a Grimaldi Group company, wholly owned by Grimaldi Euromed S.p.A. and Minoan Lines S.A., acquired a majority interest (67%) of Heraklion Port Authority S.A., the Heraklion port concessionaire until 2063, for the total consideration of EUR 80 million. More information about the transaction can be found here.

BOYANOV & Co. Assists Sopharma on the Аcquisition of a Large Pharmaceutical Products Portfolio

October 2024 On 4 October 2024, the biggest Bulgarian pharma company Sopharma AD (SFA: Bulgarian Stock Exchange, SPH: Warsaw Stock Exchange) initiated a transaction to acquire a large pharmaceutical product portfolio, consisting of both CHC and prescription products. The acquisition covers 68 marketing authorisations with 14 well-known brands in 10 of the traditional markets of Sopharma. The transaction will take effect in several stages, and its closing is subject to certain conditions precedent. BOYANOV & Co. played a crucial role in assisting Sopharma with successfully negotiating and…

NNDKP Part of the International Legal Team Advising Mengtai Group on the Acquisition of Alu Menziken Group

June 2024 Nestor Nestor Diculescu Kingston Petersen (NNDKP) was part of the international team of advisors that assisted the Chinese Inner Mongolia Mengtai Group Co., Ltd. with the acquisition of the Alu Menziken Group from Montana Aerospace AG. NNDKP provided legal assistance in the Romanian jurisdiction. The project was coordinated by the German law firm HEUKING, which acted as lead counsel in the transaction and coordinated local counsel in Switzerland, Austria and Romania. Alu Menziken is an established manufacturer of lightweight components from aluminum, including solutions for e-battery…

Certain Considerations on Delegation of Director’s Powers in a Limited Liability Company

April 2024 While rendering day-to-day corporate advice to various clients, we have noticed lately a trend specific to limited liability companies, which involves allowing the directors of the respective companies to delegate all their powers to another individual for certain operations, either via the Articles of Incorporation or by resolution of shareholders. The matter itself should not raise specific concerns, as this right is already provided by the Companies Law 31/1990 (i.e., the possibility for the director to delegate his powers). However, the way such delegation of powers is actually…

BDK Advokati Advised Waberer’s Group on the Acquisition of 55% of MDI

April 2024  BDK Advokati successfully advised Waberer’s Group on the acquisition of MD International.  By the sale and purchase agreement signed on October 6, 2023, Waberer’s wholly-owned subsidiary, WSZL Kft., has successfully concluded the acquisition of a 55% interest in MD International of Serbia. As part of this transaction, WSZL has also secured an option to acquire an additional 45% interest, as well as a 0.1% stake in MDI Dobanovci, a separate entity resulting from the carve-out of MDI, which possesses 8.5 hectares of land designated for logistics center development in the Dobanovci…

Romania – a Strong Option for Investors

March 2024 With key offerings including a significant market (the second largest in CEE), EU-shaped legislation, NATO membership, and a well-educated workforce in a hospitable resource-rich, and geographically privileged location at the crossroads between Europe and Asia, Romania is a growing economy. To give investors a quick understanding of the local legislation impacting doing business in Romania, NNDKP lawyers and consultants prepared a digest covering legal and tax implications to be considered when entering or enhancing an already existing presence on the domestic market. “Investing…