PeliPartners assisted WDP in the acquisition of Arad Business Park, with an area of 42,000 sqm logistics centre in Arad, in a business transfer deal.
PeliPartners provided legal assistance throughout the process, including in the due diligence analysis and in the negotiation and execution of the transaction documents.
“We are delighted to have assisted our client WDP in a new transaction that contributes to the expansion of WDP’s presence in the local market. The deal we have closed shows that the logistics market in Romania is growing”, said Oana Bădărău, Partner at PeliPartners.
“The acquisition of Arad Business Park is a strategic transaction, both for WDP and for the Romanian logistics market. We thank our partner PeliPartners for the legal assistance provided throughout the entire process, bringing a valuable contribution to closing this deal. We are happy to be working with a partner with whom the experience and expertise acquired by both parties over a long period of activity are capitalized, by accomplishing such transactions, which directly contribute to the development of the logistics market in Romania”, said Adrian Vițelaru, Chief Operating Officer WDP România.
The PeliPartners team was coordinated by Oana Bădărău (Partner) and Mădălina Fildan (Senior Associate) and included Adrada Bogeag (Associate) and Delia Catrina (Associate).