CEE Attorneys has advised on the sale of Data Force to Geetoo Group.
Data Force specializes in IT infrastructure.
Geetoo Group is a multi-cloud solution company.
The CEE Attorneys team included Partner Lukas Petr and Senior Associate Veronika Knezinkova.
CEE Attorneys did not respond to our inquiry on the matter.
Pohla & Hallmagi has advised Baltic Maritime Logistics Group on its acquisition of a 50% shareholding in Kaarlaid from Niverto. Your Office law firm advised the sellers.
Baltic Maritime Logistics Group is a logistics group active in Europe and Asia.
Kaarlaid is a transport company.
The Pohla & Hallmagi team included Partner Toivo Viilup.
The Your Office team included Managing Partner Mirjam-Mari Marastu.
Former NGL Symbio alliance founding members Rowan Legal, Erdos Partners, Biris Goran, and HKV have announced a new set-up under the Horizons Alliance brand.
The four firms covering the Czech Republic, Hungary, Romania, and Slovakia originally came together in 2020 under the NGL Symbio alliance which also included NGL Legal in Poland (as reported by CEE Legal Matters on September 10, 2020).
Horizons Alliance describes itself as “a network of four independent law firms [with the] aim to assure the seamless collaboration of four offices to serve their regional clients in Central and Eastern Europe (CEE) at the highest quality level.” It added: “Foreign investors require consistent and coordinated resolutions for the issues and transactions taking place in the CEE, to help build trust and ensure sustainable investments, reduce regulatory uncertainties, and foster a transparent environment that supports long-term economic growth and competitiveness.”
Hogan Lovells has advised Hungarian oil and gas company MOL on the sale of its 49% stake in Eneos MOL Synthetic Rubber to Japan-based Eneos Materials Corporation. Oppenheim, working with Freshfields Bruckhaus Deringer, advised Eneos Materials Corporation.
EMSR specializes in the production of synthetic rubber, a key component in tire manufacturing and other industrial applications.
According to Hogan Lovells, upon completion of the transaction, ENEOS will own 100% of EMSR. Under the terms of the agreement, EMSR will continue its production activities at the Tiszaujvaros plant in Hungary. MOL will remain a feedstock supplier as well as a provider of utilities and services to EMSR.
The Hogan Lovells team included Partner Sandor Bekesi and Senior Associate Zoltan Molnar.
The Oppenheim team included Partners Mihaly Barcza, Tamas Eless, and Istvan Szatmary, Senior Counsel Peter Virag, Counsel Barna Fazekas, Senior Associate Sarolta Szabo, and Junior Associates Patrik Pazmandi and Lilla Toth.
Cerha Hempel has advised HeldYn Care on securing a financing package from the Weilburg Family Office. Pusch & Stoffl reportedly advised the Weilburg Family Office.
Founded in 2022, HeldYn specializes in providing bespoke care and support services, including nursing, physiotherapy, and occupational therapy.
According to Cerha Hempel, with the Weilburg Family Office as a new investor, HeldYn plans to further develop its range of services, particularly in the B2B sector, and expand its presence across Austria. “Existing investors also participated in the latest financing round, including former Austrian Chancellor Sebastian Kurz through his AS²K Beteiligungs.”
In 2022, Cerha Hempel advised Heldyn on its launch and its financing round (as reported by CEE Legal Matters on October 14, 2022).
The Cerha Hempel team included Partner Thomas Trettnak, Senior Attorney at Law Alina Alavi Kia, and Associates Bogdan Capra, Fabian Kraft, and Philipp Gstrein.
Former CTP Acting Group Head of Legal and Group Head of M&A Legal Kveta Vojtova and Head of M&A Michal Felcman have joined CPI Property Group as Group Head of M&A and Transaction Legal and Deputy COO and Group Head of M&A, respectively.
Before the move, Vojtova spent more than seven years with CTP between 2017 and 2024. Earlier, she was a Partner with Vilimkova, Dudak & Partners between 2014 and 2017. Earlier still, she was a Senior Lawyer with CMS between 1997 and 2014.
Before joining CTP, Felcman was with CTP for nine years, first as a Finance Manager between 2015 and 2021 and then as the Head of M&A between 2021 and 2024. Earlier, he was with PwC as a Consultant between 2008 and 2010, Senior Consultant between 2010 and 2014, and Assistant Manager between 2014 and 2015. Earlier still, he was with Deloitte between 2007 and 2008.
Originally reported by CEE In-House Matters.
On December 2, 2024, Bernitsas Law announced that Abu Dhabi Future Energy Company’s acquisition of Terna Energy (previously reported by CEE Legal Matters on June 24, 2024) has now closed.
According to Bernitsas, “following the signing of the agreement on June 20, 2024, the transaction was successfully completed on November 28, 2024. The transaction represents the largest ever energy transaction on the Athens Exchange and one of the largest in the EU renewables industry.” The transaction involved the acquisition of 70% of Terna Energy from GEK Terna and other shareholders of Terna Energy.
As previously reported, Bernitsas, working with Simmons & Simmons and Latham & Watkins, has advised Abu Dhabi Future Energy Company (Masdar) on an agreement with Gek Terna and other shareholders to acquire Terna Energy. Reed Smith and Potamitis Vekris advised Gek Terna Group.
According to Bernitsas, “the acquisition price represents an equity valuation of EUR 2.4 billion and an enterprise value of EUR 3.2 billion.”
Abu Dhabi Future Energy (Masdar) is a UAE-based clean energy company.
Terna Energy is a Greek renewable energy group listed on the Athens Exchange and a subsidiary of Gek Terna, a construction and projects company in Greece.
The Bernitsas team included Partners Nikos Papachristopoulos, Yannis Seiradakis, Athanasia Tsene, Marina Androulakakis, Maria Nefeli Bernitsa, and Tania Patsalia, Counsels Eleni Stazilova and Maria Kloni, Senior Associates Fotini Karra, Sildia Fotopoulou, Stella Papakosta, and Maria Sofia Sfika, and Associates Chrysa Andressaki, Angeliki Chlivinou, Odysseas Fokas, Katerina Fotopoulou, Manto Karamanou, Konstantina Karveli, Niki Nisotaki, and Marinos Shiapanis.
The Potamitis Vekris team included Partners Vassilis Stergiou and Aspasia Malliou and Senior Associate Eleana Baya.
The Reed Smith team included Londond-based Partners Panos Katsambas and Delphine Currie and Counsel Matt Bowen.
TGS Baltic has advised Sun Investment Group on a EUR 8 million bond issuance with an annual interest rate of 11.5%, payable semi-annually.
The bonds have a maturity term of two years and Orion Securities organized the issuance.
According to TGS Baltic, the offering attracted significant interest from investors in Lithuania, Estonia, and Latvia, many of whom were already familiar with the company from a previous bond issue last year, leading to an oversubscription of the bonds.
The TGS Baltic team included Partner Dalia Augaite, Associate Kotryna Visockyte, and Legal Assistant Gabija Sidlauskaite.
TGS Baltic did not respond to our inquiry on the matter.
Taylor Wessing has advised the Irish Staycity Group on acquiring a 74.9% majority stake in the Felix Group from Denkmalneu.
The Staycity Group is a collection of aparthotels established in 2004 by Tom Walsh, with its headquarters located in Dublin.
The Denkmalneu Group is a real estate agency that specializes in property development and converting existing properties.
According to Taylor Wessing, the Felix Group consists of three aparthotels located in Vienna, Leipzig, and Dresden. The two aparthotels in Leipzig and Dresden, totaling 388 rooms, will be rebranded as Staycity Aparthotels. The Vienna hotel, comprising 130 apartments, is scheduled to open under Staycity’s lifestyle brand “Wilde” in the second quarter of 2025.
The Taylor Wessing team included Austria-based Partners Peter Solt, Allan Hahn, and Sabine Meister, Senior Associate Nebojsa Manojlovic, and Associate Vanessa Gerbasich as well as further team members in Hamburg, Frankfurt, and Berlin.
Taylor Wessing could not provide additional information on the matter.
Greenberg Traurig has advised the shareholders of Shoper, including Value4Capital, on the sale of a controlling stake in Shoper to Cyber_Folks. Gessel advised Cyber_Folks.
Shoper is an e-commerce infrastructure provider in Poland.
Cyber_Folks is a group of technology players in the area of business digitization, supporting companies in their online presence, business process automation, communication, marketing, and sales.
According to Greenberg Traurig, “this transaction, valued at PLN 547.5 million, underscores the accelerating evolution of the Polish e-commerce industry, and constitutes one of the most significant deals in the sector announced this year in Poland.”
The Greenberg Traurig team included Partner Rafal Sienski, Local Partner Mateusz Zalenski, and Senior Associate Grzegorz Socha.
The Gessel team included Partner Karol Sokol and Managing Associates Michal Osowski and Michal Wielinski.