PwC's Romanian affiliate D&B David and Baias has advised the Altex group, owned by Romanian entrepreneur Dan Ostahie, on its acquisition of Brico Depot’s Romanian network from Kingfisher. Filip & Company and A&O Shearman reportedly advised Kingfisher.
The transaction remains contingent on regulatory approval.
Brico Depot Romania operates a network of DIY and home furnishing stores.
The D&B David and Baias team included Managing Partner Sorin David, Counsel Romana Petre, Senior Managing Associates Alice Spridon, Georgiana Balan, Daniel Vinerean, Sonia Balanescu, Sonia Voinescu, and Associates Irina-Maria Neagu, Mihaela Panfilii, Diana Muresan, and Crina Anastasia Petrache.
