The Romanian Law Firm Pavel Margarit and Associates, specialized in commercial, corporate and mergers and acquisitions successfully assisted a company owned by the Chinese Government in the acquisition of a Romanian company, an important player in the Romanian tobacco industry. The legal services included the preparation of a legal due diligence of the target company for the Chinese investor in Romania, operating in the tobacco market in Romania and provided legal services related to regulatory matters in the field of tobacco distribution in Romania. Pavel, Margarit and Associates Romanian Law Firm recommends using the services of a lawyer specialized in commercial, corporate and mergers and acquisitions in Romania to prepare the due diligence report for the Romanian target company to be acquired, such as: corporate governance matters, corporate approvals, compliance and regulatory matters for the distribution of tobacco in Romania.

The legal assistance consisted in drafting a legal due diligence of a Romanian company operating on the tobacco market in Romania. The Romanian company’s documents were analyzed: articles of incorporation, additional documents to articles of incorporation, decisions of shareholders, in order to identify details about the shareholders and administrators, object of activity of the Romanian company, data regarding the share capital, and any other aspects related to the company’s activity. Considering the fact that the objective was the acquisition of a Romanian company operating in the tobacco industry in Romania, the entire documentation on the import of excisable products was reviewed, as well as the wholesale distribution and marketing of excisable products.

Therefore, as a result of the legal assistance provided by the Romanian Law Firm Pavel Margarit and Associates, the company, a Chinese investor in Romania, owned by the Chinese Government acquired the company launched on the Romanian tobacco market. Pavel, Margarit and Associates Romanian Law Firm recommends addressing to a lawyer specialized in commercial, corporate and mergers and acquisitions law who can assist you in drawing up a legal due diligence in Romania in order to analyze all the documents related to the target company to be acquired.

Pavel, Margarit & Associates Romanian Law Firm is one of the top law firms in Romania, offering top legal advice. The Romanian law firm clients are foreign and top local companies and high worth individuals. In 2022, the success stories of the Romanian Law Firm have brought recognition from the most prestigious international guides and publications. The firm was ranked third place in Romania by the Legal 500 publication. The Romanian law firm is also recognized by IFLR 1000 Financial and Corporate Guide 2022. Pavel, Margarit & Associates Romanian Law Firm is also the only law firm in Romania recommended by the Global Law Experts Director in London in the Dispute Resolution area of Practice. All the relevant information regarding Pavel, Margarit & Associates Romanian Law Firm can be found on the website www.avocatpavel.ro.

What legal services did Pavel, Margarit and Associates Romanian Law Firm provide to the Chinese government-owned company during the acquisition of the Romanian tobacco company?

Pavel, Margarit and Associates Romanian Law Firm provided comprehensive legal services to the Chinese government-owned company during the acquisition of the Romanian tobacco company. This included preparing a legal due diligence report on the target company, analyzing various aspects of the company’s documents, corporate governance matters, regulatory compliance in the tobacco distribution sector in Romania, and other relevant details to facilitate the acquisition.

Why is it important to conduct a legal due diligence when acquiring a company in Romania?

Conducting a legal due diligence is crucial when acquiring a company in Romania because it helps the acquiring party, in this case, the Chinese government-owned company, assess the legal risks and compliance status of the target company. It involves a thorough review of various documents and aspects related to the target company, ensuring that the buyer has a clear understanding of the company’s legal standing, potential liabilities, and regulatory compliance.

How can a lawyer specialized in commercial, corporate, and mergers and acquisitions in Romania assist in the due diligence process for acquisitions?

A lawyer specialized in commercial, corporate, and mergers and acquisitions in Romania plays a critical role in the due diligence process. They have the expertise to review and analyze all relevant documents, identify potential legal issues or risks, and provide guidance on compliance matters. Their involvement ensures that the acquisition process is legally sound and that the buyer can make informed decisions regarding the purchase of the target company.