Bucharest, January 28th, 2016 – Mușat & Asociații assisted Premier Capital in the acquisition of McDonald’s local operations, transaction which included all 67 McDonald’s restaurants in Romania, 19 McCafé coffee shops and the local McDonald’s franchise.
Mușat & Asociații team was involved in all the stages of the acquisition process – both in the negotiations conducted by Premier Capital with McDonald’s, and those with the bank financing a part of the acquisition price, BRD-Groupe Société Générale – and included 9 lawyers, among which, Răzvan Stoicescu, Partner, Miruna Suciu, Partner, Vlad Cordea, Managing Associate, Bogdan Ghera, Associate, Adrian Danciu, Associate and Raluca Alexandru, Associate. Moreover, Mușat & Asociații has been involved in all the aspects related to the completion, and fulfilment of the conditions subsequent to the acquisition operation.
For Premier Capital, Romania becomes the sixth market where the company holds the McDonald’s franchise and it will also be the largest. By comparison, in all the other five markets there are approximately 60 restaurants. The Maltese company is the McDonald’s franchisor also in Malta, Estonia, Latvia, Lithuania and Greece.
Muşat & Asociaţii is one of leaders of the Romanian Mergers & Acquisitions market, being involved in several of the highest-profile local transactions. Among our recent projects, we may include legal assistance to CRH (Ireland) in relation to the acquisition of Lafarge’s assets in Romania, as part of a worldwide transaction valued at EUR 6.5 billion, assisting Electrica SA and the underwriting syndicate (consisting of Raiffeisen Capital & Investment, BRD, Société Générale, Citigroup and Swiss Capital) in the initial public offering (IPO) for the sale of 105% of the share capital of DFEE Electrica, in the largest IPO ever conducted in Romania (EUR 440 million), Sterling Resources Ltd. in the transfer of the 65% interest in the deep-water area of Midia XV in the Black Sea, to ExxonMobil Exploration and Production Romania and OMV Petrom SA, Industrial Bank of Korea in relation to the financing of 5 photovoltaic projects developed in 3 different areas of Romania, China Development Bank in connection with the financing of 2 photovoltaic plants, a top Chinese consortium of companies in relation to the participation and development of a significant electricity generation project.