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Clifford Chance Badea and Schoenherr Advise on Kingspan Group's Acquisition of TeraPlast's Steel Division

Clifford Chance Badea and Schoenherr Advise on Kingspan Group's Acquisition of TeraPlast's Steel Division

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Clifford Chance Badea has advised the Kingspan Group, a company specialized in high-performance insulation and building envelope solutions, on the acquisition of TeraSteel SA, TeraSteel DOO Serbia, and Wetterbest SA. Schoenherr advised TeraPlast on the deal.

According to Schoenherr, "TeraPlast is the parent company of the TeraPlast Group, a Romanian manufacturer of construction materials. With a history of more than 120 years, the group is made up of TeraPlast, TeraSteel Romania and Serbia, Wetterbest, TeraGlass, TeraPlast Recycling, and TeraPlast Hungary."

Clifford Chance Badea's team was coordinated by Partner Nadia Badea and included Lead Counsel Mihai Macelaru, Senior Associates Diana Crangasu and Ecaterina Burlacu, and Lawyers Alexandra Voicu and Maria Ciulica.

Schoenherr's team was led by Partner Madalina Neagu and included Partner Narcisa Oprea, Senior Attorney at Law Alexandra Munteanu, and Attorney at Law Vlad Sandulescu.

Editor's Note: After this article was published, CEELM learned that JPM had advised Kingspan on the Serbian part of the transaction. Their team was led by Senior Partner Jelena Gazivoda and included Partner Jelena Stankovic Lukic and Senior Associates Bojana Javoric and Anja Sakan.

JPM Jankovic Popovic Mitic at a Glance

The oldest full service commercial law firm in Serbia, founded in 1991, JPM with three decades of experience in assisting local and international businesses presence and growth not only in Serbia but throughout the SEE region.

We have accumulated a wealth of knowledge in every industrial and corporate sector, from energy to banking, transport, manufacturing and telecommunications, while remaining true to a pioneering spirit that has always drawn us to follow the latest trends and developments in providing of our services to clients. Today we use the latest legal tech available in serving our clients and are expanding our services to clients from growing industries such as renewable energy, IT and life sciences, by offering innovative solutions and a pro-active approach to broaching new grounds.

Our expertise, experience, and commitment to professional excellence mean we are routinely involved in landmark cases and transactions, while our high standing among clients and peers sees us ranked among the leading law firms by independent guides such as Chambers & Partners, Legal 500, and IFLR1000.

We are known for working closely with clients and treating their problems as our own. Our lawyers pride themselves on being team players, fast and available, specialised in terms of practice area and industry, but versatile and creative in their thinking. We believe our advice should be tailor-made and that even the thorniest issue has a legal solution.

Our membership of Lex Mundi (the world’s premiere network of independent law firms) and the TLA (a regional alliance of leading firms from Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia) means we have close working relationships with first-rate firms throughout the region and around the world, enabling us to operate as the perfect hub for SEE and other multi-jurisdictional transactions.

Firm's website: http://jpm.rs/