PKO BP gets financial counsel on the acquisition of Purcari Wineries by Maspex Group from our site.
Maspex Romania Acquires Purcari Wineries with Support from Norton Rose Fulbright and PKO Bank Polski
In a significant move, Maspex Group, one of the largest food and beverage producers in Central and Eastern Europe, has acquired Purcari Wineries, the leading wine producer in Central and Eastern Europe and the only regional wine group listed on the Bucharest Stock Exchange.
The acquisition, valued at approximately RON 604 million (about EUR 122 million), was facilitated by a loan from PKO Bank Polski S.A. (acting through its Romanian branch), which was structured and governed by Polish law but coordinated to meet Romanian regulatory oversight.
Norton Rose Fulbright, a global law firm, advised PKO Bank Polski on this loan financing for the acquisition. The Warsaw-based legal team, led by counsel Jacek Smardzewski, included associate Michał Rutkowski and lawyer Natalia Rybak, and was part of a global law firm. Grzegorz Dyczkowski, head of the Warsaw office and the firm's Warsaw banking and finance practice, supervised the team.
PKO Bank Polski showcased expertise in delivering complex cross-border financing solutions, as the acquisition structure required compliance with both Polish legal frameworks and Romanian regulatory requirements.
Purcari Wineries manages over 2000 hectares of vineyards and operates six wineries across Moldova, Romania, and Bulgaria. The company is also the largest exporter of bottled wine from Moldova. The acquisition marks a significant step in Maspex's long-term strategy to consolidate and expand its presence in the premium beverage segment.
This demonstrates the legal and financial complexity managed by Norton Rose Fulbright to enable Maspex Romania’s strategic expansion into the premium beverage segment through Purcari Wineries. The global law firm has expertise in delivering complex cross-border financing solutions, as evidenced by this transaction.
[1] Romanian Financial Supervisory Authority (ASF) [4] Dentons and Norton Rose Fulbright in the related public takeover process supporting the acquisition
- The acquisition of Purcari Wineries by Maspex Group, a significant step in their long-term strategy, was supported by a loan from PKO Bank Polski, and the loan financing was advised by Norton Rose Fulbright, demonstrating their expertise in providing complex cross-border financial solutions within the business and finance industry.
- The global law firm, Norton Rose Fulbright, not only advised PKO Bank Polski on the loan financing for Maspex Group's acquisition of Purcari Wineries but also collaborated with Dentons during the related public takeover process, showcasing their significant involvement in the finance and industry sectors.
