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Radu și Asociații SPRL has assisted the shareholders of Smart Diesel in relation to the sale of the Smart Diesel fuel card business towards the German group DKV

Radu şi Asociații SPRL offered legal assistance to Romanian entrepreneurs Ovidiu Andrieș and Daniel Imbre, founders of the largest independent gas station operator in Romania (Smart Diesel), regarding the sale to the German group DKV of the Smart Diesel fuel card business.

Radu și Asociații team was coordinated by Radu Diaconu (Partner) and Ștefan Mantea (Senior Managing Associate). The team also included Nicoleta Gheorghe (Regulatory), Adina Nițescu (Corporate) and Claudia Grosu (Competition).

Ovidiu Andrieș, shareholder: “I am delighted to have worked with the team of Radu și Asociații. Radu Diaconu and Ștefan Mantea had an essential contribution to the transaction and I would like to take this opportunity to thank them for their support.”

The transaction is subject to the approval of the Competition Council. Both parties agreed not to disclose further details about the transaction.

About Radu și Asociații SPRL

Radu și Asociații SPRL is a Romanian full-service law firm, offering both legal advisory services and assistance before the courts of law, with a significant tax policy and controversy (TPC) practice.

Radu și Asociații SPRL is a member firm of Ernst & Young Global Ltd and part of the expanding EY Law global network, which has more than 2,400 lawyers and offices in over 80 countries.

Our expertise has been recognized by the market and international firm directories.

Chambers Global 2019 has recognized our Corporate/M&A practice while Chambers Europe 2019 and 2020 have placed our Tax Policy and Controversy practice on Band 1. The Legal 500 Europe, Middle East and Africa 2019 and 2020 have also ranked our Commercial, Corporate/M&A practice, while the 2020 edition placed our Tax Policy and Controversy practice on Tier 1.

About Smart Diesel

Smart Diesel is the biggest independent fuel company in Romania, providing to over 11,000 Romanian customers fuel cards, bulk fuel, solution for road tolls payment and VAT recovery services. Smart Diesel operates 36 fuel stations in Romania and its SD card is accepted on over 1.800 fuel station abroad.

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