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D&B David and Baias Advises Altex on Acquisition of Brico Depot’s Romanian Network from Kingfisher

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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.

Filip & Company at a Glance

Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have significant experience in various areas, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance, and capital markets but also labour law, data protection, consumer or environment protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses.

To find out more about Filip & Company’s expertise areas and team, please visit https://filipandcompany.com/