RTPR Allen & Overy advises Sano Vita’s sellers

Mihai-Alexandru Cristea 19/02/2020 | 18:33

RTPR Allen & Overy has advised the shareholders of Sano Vita in relation to the sale of the business to the American private equity fund Highlander Partners. Sano Vita is one of the most reputable and trusted food brands in Romania that sells the whole range of vegetarian products, that include snacks, cereals, rice cakes, tofu, mueslis, and nut and seed mixes.

 

Cornel Soare, one of the founders and CEO of Sano Vita declared: “The sale process was much more complicated than we imagined when we decided to start this and the sale of the business we built in 25 years was a very emotional moment for the shareholders. We appreciated the professionalism of the RTPR team led by Alina Stavaru for the way she guided us through the labyrinth of legal complexities, but mostly because during negotiations she shared her experience gained in other transactions of what you can and cannot obtain in an M&A deal. We successfully navigated together through this complex experience which was most likely a once in a lifetime one.

The team was coordinated by Alina Stavaru (Partner) and included Evelin Grigore (Associate), Andrei Mihul (Senior Associate), Marina Giurgica (Associate), Vicu Buzac (Managing Associate), Petrus Partene (Junior Associate) and Radu Manu (Junior Associate).

Alina Stavaru declared: “The sale of Sano Vita represents a new success story of Romanian entrepreneurs. Sano Vita is a 100% Romanian business that was grown by its founders with dedication and passion for a healthy lifestyle, and now we can see how the result of their work enters into a new development phase along international investors. We are honoured that we assisted Sano Vita’s shareholders in this transaction and we would like to thank them for their trust.

RTPR Allen & Overy’s M&A practice is one of the most experienced in Romania, during the last few years it was involved in numerous landmark deals at local and international level. Chambers, Legal 500 and IFLR1000, the most important international legal directories, rank RTPR Allen & Overy corporate/M&A team on the top tier. Casino PinUp-un rəsmi saytı son dərəcə istifadəçi dostudur – buraya ilk dəfə yeni gələnlər də daxil olmaqla. Resurs, göz oxşayan dizayn, rahat dizayn və intuitiv naviqasiya ilə seçilir və vacib xüsusiyyətlərdən biri də https://dreamhomeworks.co Pin Up kazinolarının bütün nüansları ilə məşğul olmağınıza, problemləri ortaya çıxmazdan əvvəl həll etməyinizə kömək edəcək sualların mövcudluğudur. Bütün məlumatlar, rus dilində də daxil olmaqla, Ukrayna sakinləri üçün Ukrayna dilində də təklif olunur. FAQ istifadəçi suallarının çoxunu həll edir.

Many successful entrepreneurs choose RTPR Allen & Overy for the exits from their businesses for the extensive experience in similar deals. Selected M&A transactions in which RTPR Allen & Overy have recently advised local entrepreneurs are set out below:

  • the shareholders of A&D Pharma, the largest pharma group in Romania, operating wholesale, retail and marketing & sales business and with operations in CEE as well, on the sale of the entire group to Dr Max, the Czech pharmacy chain owned by Penta Investments
  • the shareholders of Intelligent IT, the company renowned for the billing software SmartBill, on the sale of the business to Visma group, a Norwegian giant in the software industry
  • the shareholders on the sale of Farmavet S.A., Pasteur Filiala Filipesti S.R.L. & the fodder business of Agrozootehnica Pietroiu S.A. to Gardenica Limited, owned by CEE China II Fund (managed by CEE Equity Partners)
  • AROBS Transilvania, a market leader in software products and services development, on the acquisition of SAS Grup and UCMS Romania
  • Autonom Services on the acquisition of BT Operational Leasing, the operational leasing company currently owned by Banca Transilvania group
  • the shareholder of Pet Product, the largest pet shop chain in Romania operating under the Animax brand, on the sale of the company to Rohatyn Group
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