Technology M&A Guide 2025 - Bulgaria
January 2025
Our member firm BOYANOV & Co. has authored the chapter for Bulgaria in the newly published "Technology M&A 2025" guide by the leading global legal directory Chambers and Partners.
This comprehensive resource is designed for both businesses and legal professionals seeking insights into the evolving landscape of technology mergers and acquisitions.
You may access the chapter for Bulgaria here.
Adoption of Law 5164/2024 Transposing the CSRD into Greek Law
December 2024
Irene Kyriakides, Partner, Victoria Mertikopoulou, Partner, and Vassiliki Vlontzou, Associate
Kyriakides Georgopoulos Law Firm
On 12.12.2024, the Directive (EU) 2022/2464 as regards corporate sustainability reporting ("CSRD") has been transposed into Greek law with Law 5164/2024 (Government Gazette A 202/12.12.2024) ["Law 5164/2024"].
Covered Entities
Entities covered are:
All large companies as well as SMEs, except micro-undertakings, which are public interest companies;
Companies, which are parent companies of large groups;
Non-EU companies with a turnover of more…
Amendment to the Companies Act (ZGD-1M)
December 2024
Kaja Franko, Legal Intern
Selih & partnerji
The National Assembly of the Republic of Slovenia adopted an amendment to the Companies Act, ZGD-1M (Official Gazette of the Republic of Slovenia, no. 102/2024), which entered into force on 18 December 2024. The amendment introduces new provisions into the Slovenian legal order, in particular in the areas of reporting, transparency and gender balance, and transposes the following four European directives:
Country-by-Country Public Reporting Directive,
Corporate Sustainability Reporting Directive,
Directive on Gender Balance…
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…
