News and developments

Băncilă, Diaconu și Asociații SPRL advises ROCA Industry on the acquisition of 70% stake in Eco Euro Doors

ROCA Industry groups under the umbrella of a specialized holding company Romanian companies producing construction materials (respectively, Eco Euro Doors now joins BICO Industries and Sarcoma) and aims to generate value by implementing a process of consolidation and modernization of Romanian production capacities. “ROCA Industry is, among other things, about partnership and win-win. The Băncilă, Diaconu și Asociații SPRL team understood our business principles, and, with a perfect professionalism, they led the transaction to completion, respectively a partnership from which both us and the sellers, but especially the company, stand to gain. We thank the Băncilă, Diaconu și Asociații SPRL team for the way they understood our particularities, for the openness and for the pro-business orientation.” said Ionuț Bindea, Chairman of the Board of Directors of Roca Industry.   "We thank ROCA Industry for their trust. The involvement, agility and tenacity shown by the entire ROCA Industry team during the negotiation of the transaction were remarkable. We are glad that we have been able to work together and contribute to the consolidation of Roca Industry portfolio", said Stefan Mantea, Senior Managing Associate, Băncilă, Diaconu și Asociații SPRL. The Băncilă, Diaconu și Asociații SPRL team that assisted ROCA Industry in this transaction consisted of Radu Diaconu (Managing Partner), Ștefan Mantea (Senior Managing Associate), Alexandra Siminiceanu (Managing Associate), Claudia Grosu (Senior Associate) and Otilia Oglage (Associate). Some of the recent M&A transactions in which Băncilă, Diaconu și Asociații SPRL has been involved are:
  • Assistance provided to BlackPeak Capital in the transaction through which the fund invested in Verdino Green Foods
  • Assisting the shareholders of Smart Diesel in relation to the sale of the Smart Diesel fuel card business towards the German group DKV
  • Assisting GloriaFood shareholders in selling their stake to Oracle
  • Assisting Visionapartments in relation to the acquisition of Majestic Hotel in Bucharest
  • Assisting Electrica Group in relation to the merger process of its three distribution companies