Țuca Zbârcea & Asociații advises The Rohatyn Group on acquiring Animax pet shops
The Rohatyn Group (TRG), a private equity firm with $6 billion deployed since 2005, acquired the largest pet shop chain in Romania, operated by Pet Product SRL under the brand name Animax. The deal involves more than 80 stores in Bucharest and throughout the country.
M&A Partner Cătălin Băiculescu led the transaction alongside Mihaela Băiculescu, Senior Associate. In addition, Andreea Oprișan, Managing Associate, Sergiu Negreanu, Associate and Ramona Chițu (Moisă), Tax Director covered the competition law, banking law and tax implications of the deal.
“We’re proud to have been retained by TRG for such a complex yet spectacular assignment. The TRG presence in Romania demonstrates once again the interest of big investors for the local market, amid country’s economic growth in the last years and the advance of the domestic consumption”, says Cătălin Băiculescu.
The Rohatyn Group (TRG) is one of the largest emerging markets private equity asset managers globally. With presence in 18 cities, TRG deployed $6 billion in 140 companies since 2005, with a current value of $9.2 billion. Prior to founding TRG in 2002, Nicolas Rohatyn spent 19-years at J.P. Morgan, including 5 years as a member of J.P. Morgan’s executive management team.
Cătălin Băiculescu stands amongst the best M&A lawyers in Romania, being ranked as a leading lawyer by the Legal 500, Chambers Europe and IFLR 1000. For the past 20 years, he advised international companies, investment funds, financial institutions and local entrepreneurs in connection with domestic and cross-border deals amounting to several billions of euros.
(According to the information provided by http://www.zf.ro/companii/retail-agrobusiness/deloitte-confirma-ca-fondul-de-investitii-rohatyn-group-a-preluat-reteaua-animax-17350155)