Bondoc şi Asociaţii assisted JD Norman Industries Inc.
Bondoc şi Asociaţii assisted JD Norman Industries Inc., a US-based manufacturer of steel components for the industrial area, in particular for the automotive industry, in connection with all Romanian law aspects related to the acquisition of REGE Automotive Brasov under a transaction signed at the end of last year and successfully finalized in early 2018. The transaction concerned the shareholdings of REGE Group held in several countries, including Germany and Romania, and involved numerous advisors outside Romania.
The acquisition’s documents were highly complex due to the transaction’s structure, which combined an asset transfer with a stock transfer and involved the applicability of some insolvency elements.
The transaction implied also the accessing of financing granted by Wanxiang America Corporation, and Bondoc si Asociatii assisted also in respect of Romanian law aspects applicable to it.