Gheorghe Muşat starts his activity as a business legal adviser alongside two younger lawyers under the brand name Muşat & Associates.
Advising a large portfolio of high profile foreign corporations, such as Societe Generale, Rhone-Poulenc (currently Sanofi Aventis), Cement Francais, Renault, Bouygues, Credit Lyonnais, American International Group (A.I.G.), AT&T, Shell, Standard Oil, British Petroleum, Trafigura, etc. on their investments & business ventures in Romania.
Acting as lead legal advisor to Shell (U.K.) in connection with the implementation of the first oil exploration agreement concluded by Romania with a foreign investor.
Assisting Glaxo Smithkline Beecham in the successful acquisition of Europharm Group, the first high profile private transaction in Romania (valued at approx. EUR 100 Million).
Retained by the Romanian Government as lead legal advisor for the privatization of S.N. Petrom S.A. to a strategic investor.
Acting as lead legal counsel to GE Capital in connection with the acquisition of Banc Post, the first privatization of a Romanian bank.
Assisting Sumerbank (Turkey) and Akmaya (a leading Turkish oil corporation) in relation to the acquisition of S.C. Petromidia S.A. (the largest Romanian oil refinery).
Assisting the Romanian Privatization Authority (FPS), in connection with the sale of Banca Agricola to Raiffeisen Bank, in a transaction which was acclaimed by the World Bank as the most successful privatization of the year.
Advising Michelin on the takeover of the Tofan Grup, regarded by the business community and the local business media as the largest private transaction of the year.
Acting as lead legal counsel to Arcelor Mittal (former Mittal Steel) in connection with the EUR 800 million successful acquisition of Sidex Galati (the largest Eastern European steel producer), which was awarded as the largest privatization/acquisition of the year.
Advising the Romanian Government in connection with the successful privatisation of Alro S.A. – Slatina and Alprom S.A., the leading national aluminium producers.
Acting as legal advisers of Arcelor Mittal (former Mittal Steel) in connection with the acquisition of three leading national steel producers, namely Siderurgica S.A. – Hunedoara, Petrotub S.A. – Roman and Tepro S.A. – Iasi (the second largest acquisition of the year).
Assisting SBS Broadcasting on the successful acquisition of Prima TV, and of the leading Romanian FM radio stations: Kiss FM, Radio Star, Canet Radio, TV Klumea etc., so far the largest media acquisitions ever conducted in Romania.
Advising Enel (Italy) on the successful acquisition of Electrica Dobrogea and Electrica Banat, the first privatization of electricity distribution companies in Romania.
Advising Sider Sipe S.A. (Italy) on the EUR 120 Million sale of Ductil Steel Buzau SA to a leading European investor (the second largest acquisition of the year).
Assisting Enel (Italy) in connection with the EUR 820 Million acquisition of Electrica Muntenia Sud (acclaimed as the third largest privatization ever conducted in Romania).
Advising PPF Partners (a major pan-European investment fund) in connection with the acquisition of S.C. Continental S.A. and other acquisitions, amounting to over EUR 200 Million, as well as in connection with the EUR 62 MIllion successful acquisition of Gaz Sud SA.
Assisting Banca Transilvania in connection with the EUR 100 Million sale of the majority stake held in BT Asigurari to Groupama (France), which was awarded by the business local media as the largest transaction of the year in the insurance industry.
Assisting Rompetrol Group NV in connection with the EUR 90 Million acquisition of the remaining free float of Rompetrol Rafinare S.A., the most successful mandatory public offering of the year conducted on the Bucharest Stock Exchange.
Retained by the Romanian Government (the Ministry of Economy) as lead legal advisor in connection with the EUR 1.3 billion construction of the Tarnita-Lapustesti Hydropower Plant, with a forecasted installed capacity of 1,000 MW.
Retained by the Ministry of Economy in connection with the sale by the Romanian State of 15% of the shares held in Transgaz, as well as the sale of 15% of the shares held in Transelectrica, with a total transaction value in excess of EUR 109 million (the largest capital markets transactions of the year).
Selected by the Ministry of Economy to provide legal assistance for the sale of 10% of the shares in Nuclearelectrica on the capital market (IPO), successfully closed for a transaction in excess of EUR 70 Million (the largest capital market transaction of the year).
Muşat & Asociaţii was selected to provide legal advice to Electrica SA in relation to the sale (IPO) of the 105% share stake in DFEE Electrica with a transaction value of EUR 440 Million (the biggest capital market transaction ever conducted in Romania).
Acting as lead local counsel to CRH (Ireland) in relation to the acquisition of Lafarge Romania (part of a global deal of EUR 6.5 Billion) recognised by Ziarul Financiar as the largest transaction of the year in Romania.
Advising Ciech S.A. and its local subsidiary Ciech Soda Romania S.A. (one of the largest firms in the chemical sector in Europe), in connection with the EUR 373 Million bank credit facility financing for Ciech S.A. to refinance its existing debt, consisting of high yield bonds (with a value of EUR 245 Million), revolving credit facilities and financing of working capital needs.
Assisting Emerson (a world leader in the field of production and technology) in connection with the acquisition of Leroy –Somer and Control Techniques divisions by Nidec Corporation, a transaction value of approximately USD 1.2 Billion.
Assisting Damen Shipyards Group in connection with the acquisition from Daewoo Shipbuilding & Marine Engineering of one of the biggest shipyards in Romania with over 2,000 employees and a turnover exceeding EUR 500 Million. The mandate envisaged unique characteristics, involving negotiations with both the selling company and the other shareholder of the target (a state-owned company), as well as with the Ministry of Economy and the Romanian Government.
Assisting Spectrum Brands Unit, a USD 5 Billion consumer products company, in connection with the USD 2 Billion sale of its global battery and portable lightning business to Energizer Holding Inc., one of the world’s largest manufacturers of primary batteries and portable lighting products.
Assisting Rhône Capital, a multi-billion-dollar private equity fund, and its affiliate Wellbore Integrity Solutions, on the USD 400 Million acquisition of the drilling businesses and associated assets of Schlumberger, the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry.
Assistance to Ecolab, one of the world leaders in the field of water, hygiene and infection prevention solutions and services, regarding the Romanian legal aspects of the strategic acquisition of Purolite Corporation.
Legal assistance given to the giant Google LLC on the legal aspects under Romanian law in connection with the USD 2.1 Billion acquisition of Fitbit.
Advising Swiss construction chemicals group Sika AG on the Romanian law aspects of the EUR 5.3 Billion acquisition of Master Builders Construction Chemicals (MBCC) from Lone Star Funds.
Advising Geely Holding Group and Geely Automobile Holdings Limited on the Romanian legal aspects of a firm 50/50 joint venture agreement with the Renault Group to launch a new propulsion technology company.
Assisting Naxxar Renewable Energy on the sale of a 60% stake to Polenergia.
