RTPR advised African Industries Group on World Class acquisition

RTPR has assisted African Industries Group in relation to the acquisition of World Class Romania, the largest health and fitness network in Romania. Our mandate covered legal assistance in relation to all phases of the acquisition.

RTPR involved in this deal a team made of Costin Taracila (Managing Partner), Marina Fecheta-Giurgica (Managing Associate) and Serban Halmagean (Associate) for the transaction documents, and further included Diana Dimitriu, Andrei Tosa (Managing Associates), Codrina Simionescu, Petrus Partene (Associates), Flavia Mincu, Miruna Tocileanu and Ozana Ghic (Junior Associates) for the due diligence process. Roxana Ionescu (Partner) and Serban Halmagean advised on competition aspects of the transaction.

“I am pleased to announce the signing of a new M&A deal, a new success that we are proud to add to our team’s impressive track record. We had an excellent collaboration with the entire African Industries Group team at every stage of this complex transaction, we would like to thank them for their trust and professionalism, and to wish them every success in growing the WorldClass business. Over the years the RTPR team has been involved in many M&A transactions, the most interesting and challenging on the market, and this has brought us the recognition of our clients and peers. We are privileged to be among the leaders of the corporate/M&A practice in Romania, as the international legal directories Legal 500, Chambers and IFLR1000 recommend us”, said Costin Taracila, Managing Partner RTPR.

“On behalf of the RTPR team, I would like to congratulate our client, African Industries Group, on the success of this acquisition. It was an intense and complex project, and we are honoured to have contributed to its signing in the best conditions for all parties involved. We are sure that together with its new shareholders, World Class Romania will continue to develop and offer quality services in a sector so necessary for people’s health”, said Marina Fecheta-Giurgica, Managing Associate at RTPR.