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Tuca Zbarcea & Asociatii

Noerr advises Peikko on the acquisition of a manufacturing plant near Bucharest

19 Noiembrie 2018   |   BizLawyer

The Noerr team was led by Senior Associate Alexandru Dan (Real Estate) with the supervision of Roxana Dudau (Associated Partner and Head of Real Estate & Construction).

 
 
Peikko Group Corporation (an innovative Finnish company and one of the leading global manufacturers of structural elements) has purchased an existing manufacturing facility in Romania from Swedish group SSAB’s local subsidiary. 

Noerr advised Peikko in all legal aspects of the purchase. The purchased property located in Bolintin Deal totals 90,000 sqm of land and 30,000 sqm of modern production facilities. Peikko plans to gradually build up the production capacity of the new Romanian unit.

The Noerr team was led by Senior Associate Alexandru Dan (Real Estate) with the supervision of Roxana Dudau (Associated Partner and Head of Real Estate & Construction). Attorneys Raluca Botea and Diana Rizea were involved in the legal due diligence process. Also, the setting-up of a Romanian branch of PEIKKO Group and the corporate structuring were dealt with by Noerr’s corporate Associate Cornelia Postelnicu with the supervision of Rusandra Sandu (Counsel and Head of Corporate).


“It is a pleasure to work with such an innovative company as Peikko. We are happy for the chance to contribute to their further growth plans in Romania. This is always rewarding for us lawyers”, said Alexandru Dan, Senior Associate.

Noerr advises frequently in major real estate transactions in Romania, such as the acquisition of Coresi Business Parks in Brasov by CEETRUS (former Immochan), and multiple other major retail, energy, agricultural and manufacturing investments in Romania.

 
 

PNSA

 
 

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Articol 118 / 2224
 

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