Filip & Company law firm has assisted, on the one hand, Inform Lykos Romania, part of AUSTRIACARD Holdings, a leading provider of secure digital technology and business process outsourcing solutions and, on the other hand, businessman Octavian Radu, in the creation of a holding company taking over the postal and courier services business operated by the Pink Post group and the postal volumes aggregation business operated by the Inform Lykos group.
Project teams were set up and legal assistance was provided under the strictest ethical barriers and with the application of technical safeguards for the separation of information in order to maintain professional secrecy and confidentiality in accordance with the Chinese wall policy of Filip & Company.
“For many years I have preferred working with the Filip & Company team as they manage to find a balance between my need to do business and the lawyers’ need to protect me from various risks. And no matter how busy they are, they make me feel like they have all the time in the world for me”, declared businessman Octavian Radu.
“We are grateful to have been able to assist both Inform Lykos and businessman Octavian Radu in establishing this new partnership and we are confident that this transaction will be one of the key elements in the future success of both businesses as now integrated. The fact that both clients have been comfortable with our involvement on both sides of the negotiation table (applying Chinese wall separation principles) is an indicator of the trust that has been built through excellent and long-standing relationships with each of them”, said Monica Stătescu, partner at Filip & Company.
The Filip & Company team that assisted businessman Octavian Radu included Monica Stătescu (partner), Andreea Bănică (senior associate) and Anca Bădescu (associate), while Olga Niță (partner), Roxana Diaconu (senior associate) and Andrei Konya (associate) assisted the Inform Lykos group. Competition law and foreign direct investment matters were managed by Cătălin Suliman (partner) and Dragoș Iordache (senior associate).
The lawyers at Filip & Company have had important roles in many of the key M&A transactions in Romania. Whether they were privatizations, private equity, venture capital or growth capital transactions or other complex M&A, in most of the cases, at least one of the parties was legally assisted by Filip & Company. Furthermore, the lawyers at Filip & Company are ranked first in the most prestigious international legal directories – Chambers and Partners and Legal 500 – with their M&A practice, both as a team as well as individually.