Bancila, Diaconu si Asociatii SPRL

The founders of Get’s Bet Group, a leading Romanian operator in the gambling and sports betting sector, successfully finalized the negotiations for the sale of a majority stake to Emma Capital, a private investment fund established in 2012 by the businessman Jiří Šmejc. Băncilă, Diaconu și Asociații SPRL advised the founders throughout the entire process.

Băncilă, Diaconu și Asociații SPRL assisted ROCA Industry in connection with the signing of the agreement for the acquisition of 70% of the share capital of Eco Euro Doors, a Romanian manufacturer of doors for residential constructions, with a 27-year experience on the market and a turnover of almost Euro 13 million in 2021. The transaction is subject to the approval of the Competition Council.

BlackPeak Capital invested in Verdino Green Foods, industry leader in vegetable alternatives to meat products in Central and Eastern Europe. With a range of over 60 food products listed in more than 2,000 grocery stores in Romania, Switzerland, the Netherlands, Spain, North Macedonia, Serbia and the UK, Verdino offers sustainable alternatives to meat products based on vegetable protein.

Radu și Asociații SPRL, member firm of EY Romania, becomes Băncilă, Diaconu și Asociații SPRL, taking over the names of the partners Emanuel Băncilă and Radu Diaconu.

GloriaFood, which provides innovative software-as-a-service (SaaS) solutions dedicated to the global HORECA industry, was acquired by Oracle.

As of 1 July 2021, Roxana Dudău joins Radu și Asociații SPRL as associate partner and leader of the real estate practice.

Radu şi Asociații SPRL provided legal assistance to S.N. Nuclearelectrica S.A., the only nuclear energy producer in Romania, with respect to the project concerning the taking over of the uranium oxide processing line from Compania Națională a Uraniului S.A., Feldioara Branch.

Radu și Asociații SPRL assisted Visionapartments, the leader of the Swiss market of renting out serviced apartments, in relation to the acquisition of Majestic Hotel in Bucharest.

Radu și Asociații SPRL has assisted the shareholders of Smart Diesel in relation to the sale of the Smart Diesel fuel card business towards the German group DKV Radu şi Asociații SPRL offered legal assistance to Romanian entrepreneurs Ovidiu Andrieș and Daniel Imbre, founders of the largest independent gas station operator in Romania (Smart Diesel), regarding the sale to the German group DKV of the Smart Diesel fuel card business.

Radu şi Asociații SPRL assisted Electrica in relation to the merger process of its three distribution companies Radu și Asociații SPRL provided legal assistance to the Electrica group regarding the merger process through which Societatea de Distribuție a Energiei Electrice Transilvania Nord S.A. absorbed two other distribution companies within the group: SDEE Transilvania Sud S.A. and SDEE Muntenia Nord S.A. Following the merger, a single company continues to exist, respectively, Distribuţie Energie Electrică Romania S.A. (DEER). As of the 1st of January 2021, DEER offers services in 18 counties, in three geographical areas of the country, towards 3.8 million users. Thus, the new company becomes the most important national electricity distribution operator, with a coverage of 40.7% of Romania.