Filip & Company assists BCR in the sale of the operational leasing to Arval Romania

Law firm Filip & Company assisted BCR in the transfer of part of BCR Fleet Management’s operational leasing business to the Arval group. The transaction, signed at the end of May, is still subject to a clearance from the competition authority.

“We have witnessed an effervescent half-year in the Romanian M&A market and we expect activity to continue at a rapid pace in the coming period. In the life of a company there are good times to sell or to consolidate. BCR has always shown the ability to continuously optimise its business model and we are glad to have had the opportunity to work as a team again on this important project,” said Monica Statescu, partner at Filip & Company.

The Filip & Company team coordinated by Monica Statescu and Alina Stancu Birsan (partner), included Simona Ungureanu (associate) and Monica Popa (associate). Smaranda Vacaru (senior associate) provided legal assistance on financial law matters, and Catalin Suliman (partner) and Silviu Vasile (counsel) assisted on competition law matters.