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Tsvetkova Bebov & Partners Advises Villeroy & Boch on Acquisition of Bulgarian Ideal Standard

Tsvetkova Bebov & Partners Advises Villeroy & Boch on Acquisition of Bulgarian Ideal Standard

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Eversheds Sutherland Bulgarian member Tsvetkova Bebov & Partners, working alongside Freshfields Bruckhaus Deringer, has advised Villeroy & Boch on the acquisition of Bulgarian Ideal Standard- Vidima AD, part of the Ideal Standard Group. White & Case and Boyanov & Co reportedly advised the sellers.

The transaction remains contingent on regulatory approval.

Ideal Standard is a multinational supplier of bathroom products. The company employs more than 7,000 people in 11 production sites in Europe and the Middle East. 

According to Tsvetkova Bebov & Partners, “this transaction is the largest one in Villeroy & Boch’s 275-year-old history, with a purchase price based on a company valuation of around EUR 600 million.”

The Tsvetkova Bebov & Partners team included Managing Partner Irina Tsvetkova, Partner Victoria Tzonkova, Counsel Petar Takov, Managing Associate Philip Kiossev, Senior Associate Victoria Marincheva, and Associate Margarita Zhivkova.

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Eversheds Sutherland with offices in Bratislava and Prague and as part of an international network, provides comprehensive legal advice also in foreign jurisdictions.

Our team consists of a total of more than 40 lawyers in the Czech Republic and Slovakia, most of whom have previously worked at major international and local law firms and have extensive experience in particular in the areas of corporate law, including mergers and acquisitions, capital markets, real estate, employment law, competition law, litigation and arbitration, energy, infrastructure, as well as environmental and ESG law.

Our advisory services are offered in Slovak, German, Czech and English language. Members of our team include attorneys registered with the Austrian Bar Association. On this basis, and because we are part of Eversheds Sutherland, we are also able to offer extensive legal support on various foreign legal issues.

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