Mergers & Acquisitions
Deals
- Unicool Group on the sale to SYCLEF.
- Ameropa on the sale of Azomureș to Romgaz.
- Société Générale Group on the sale of BRD Pensii to Banca Transilvania Group, completed through a two-stage transaction (Pillar II and Pillar III).
- Five Elms Capital on strategic investment in Digitail Inc., Romanian AI veterinary software start-up.
- Mplus Group on the acquisition of Valoris Group.
- Bit Soft on its divesture in favour of Volaris Group.
- PPC in the consolidation of its renewables businesses.
- ALD Automotive on the merger with LeasePlan into Ayvens.
- Romania Education Alliance on the acquisition of a majority stake in Little London International Academy.
- ROCA on the acquisition of a 20% stake in Adrem.
- PPC in the mergers of its flagship Romanian companies.
- TehnoWorld on its sale to Romcim.
- Promat Comimpex on the acquisition of a 70% share stake in the agribusiness company Agrotex.
- Orange France on post-acquisition merger between Orange Romania SA and Orange Romania Communications SA (former Telekom Romania Communications SA).
- BRD Groupe Société Générale on the competitive sale process of BRD pension fund.
- NTT Data on concluding an agreement with BMW Group to set up a Joint Venture (JV) in Cluj-Napoca to enhance software competencies and foster digital transformation.
Team Services
The M&A expertise is central to our practice. It brings together and integrates the expertise of other acknowledged practice groups at Popovici Nitu Stoica & Asociatii, such as corporate and commercial, capital markets, financing, tax, competition and antitrust, environment and litigation.
We act in public and private company mergers and acquisitions within the entire range of industries, corporate restructuring schemes and divestiture transactions, fund establishment and investment programs, private equity funded acquisitions, MBOs, MBIs, exit strategies and other takeovers.
Our attorneys have been involved in most of major privatisation projects conducted in Romania to date, having advised either on the seller's side or for the benefit of the buyer. Our expertise ranges from regulatory issues and assistance in creating and assisting all the privatisation authorities in Romania to unique privatizations in fields like aviation, shipping, heavy industry, energy, transportation, banking and telecommunications. In these projects we have handled intricate financial transactions, reorganization of assets, employment, competition, budgetary debts, real estate issues, oil & gas concessions.
Our privatization capabilities include:
- regulatory analysis
- assistance during tender procedures, including drafting legal opinions on risks involved
- specific due-diligence activities
- assessment of viable solutions for the prospective investment
- drafting and negotiation of related contractual documentation
- assistance during the completion of the transaction
- close monitoring within the post-privatisation period
Awards and Recognition

Finalist - THE LAWYER EUROPEAN AWARDS
Popovici Nițu Stoica & Asociații has been announced as a finalist in the Law firm of the year: Eastern Europe and the Balkans category at the The Lawyer European Awards 2019.

Award for excellence in Mergers & Acquisitions
Popovici Nițu Stoica & Asociații wins an award for excellence in Mergers & Acquisitions at the Juridice Gala organized by Societatea de Științe Juridice (the Romanian Society of Legal Sciences) in 2019.

Largest transaction in Real Estate
Popovici Nițu Stoica & Asociații wins an award for the largest transaction in Real Estate in 2019 at the Lawyers’ Gala organized by the Romanian leading business publication Ziarul Financiar.

Largest transaction in Retail
Popovici Nițu Stoica & Asociații wins an award for the largest transaction in Retail in 2019 at the Lawyers’ Gala organized by the Romanian leading business publication Ziarul Financiar.

Largest transaction in the Medical Services sector
Popovici Nițu Stoica & Asociații wins an award for the largest transaction in the Medical Services sector in 2019 at the Lawyers’ Gala organized by the Romanian leading business publication Ziarul Financiar.

Romania Law Firm of the Year 2026
Popovici Nițu Stoica & Asociații has once again been nominated for the Romania Law Firm of the Year 2026 award granted by highly reputed international legal directory Chambers & Partners.
