Firon Bar-Nir supports Tefron in completing the acquisition of Adesgo`s seamless apparel operation

Firon Bar-Nir assists Tefron (worldwide lead manufacturer of seamless apparel and activewear, well known and active in North America, Middle East and Asia) in entering the European market by acquiring Adesgo`s seamless apparel business.

Our team, led by our Senior Managing Partner Ron Bar-Nir together with Itzik Blau Tefron Group’s legal counsel, also a partner in our office in Tel-Aviv, helped Tefron in establishing a manufacturing facility in Europe by encompassing all essential aspects of the acquisition of Adesgo`s seamless apparel business (machines, employees, clients, providers etc.).

“We proudly assisted our client in expanding their business – this was a highly complex transaction given the fact that the client had to build-up the entire business in Romania in a very short period of time.” said Ron Bar-Nir, Senior Managing Partner in Firon Bar-Nir.

The team involved in Tefron’s acquisition of Adesgo`s seamless apparel business (both signing and closing) included Alina Moldovan (Managing Partner), Sabrina Necula (Managing Associate), Diana Schiopu (Partner), and Livia Draghici (Associate).

In the last 5 years, the M&A practice in Firon Bar-Nir developed tremendously and our lawyers successfully dealt with very complex deals in various fields such as manufacturing, medical and construction.

Firon Bar-Nir is a law powerhouse providing bespoke counsel to each client, sporting cross-border capabilities for dealing with complex situations from different areas of legal expertise.

Firon Bar-Nir is present in Romania since 1999, as the dedicated branch of M. Firon & Co Advocates (founded 1950), and Bar-Nir & Co. Advocates (founded 1983). With the foreign investors’ interest in the Romanian business market continuing to grow, it was only natural to set foot in Bucharest.

The core of Firon Bar-Nir is in Romania, but it holds offices in several other European countries such as Greece, Serbia, and Bulgaria, via a well-put together international team of legal experts.

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