News

The Romanian Competition Council has authorised the takeover of Oltchim’s assets

Maravela|Asociaţii assisted CEE chemicals producer Chimcomplex in the merger review procedure whereby the Romanian Competition Council has authorised the takeover of Oltchim’s assets

The Romanian Competition Council approved Chimcomplex’s 127 million EUR takeover of assets of the petrochemical plant Oltchim S.A.

Maravela|Asociații team that assisted Chimcomplex with the notification and Competition Council’s review consisted of Alina Popescu, founding partner and head of the Competition practice, Răzvan Pele, counsel and Magda Grigore, associate.

„We are proud of the outcome, as the decision concerns a complex concentration between two major players of the chemical industry and the merger review work has raised many interesting aspects of competition law. We are thankful for the close cooperation with all parties involved.” Alina Popescu, Founding Partner of Maravela|Asociații

The firm’s competition department has a wealth of experience in all segments of competition law, including merger control, anti-competitive practices, dominant position abuse, on-site and forensic investigation procedures, State aid matters and unfair competition.

The outstanding advice provided by Maravela|Asociații’s competition team has been repeatedly acknowledged by the firm's clients. For instance, one of the partners of a major U.S. based law firm has commended one of the firm’s competition related assignments as "the most comprehensive and best analysis, in a timely fashion and very well written" compared with those of "over 20 law firms in the past 15 years".

Firm’s competition clients include major international and local companies, such as, Alphatron Marine, Autotehnica Fleet Services, BBraun Avitum, Betty Ice, Chimcomplex, Eberspächer, Japan Radio Co., Monsanto, etc.

Maravela|Asociații’s competition team members are active contributors to publications on competition law. Recently, they have provided extensive literature to several reputed international publications such as the Romanian chapters of International Comparative Legal Guides: Merger control, Getting the Deal Through: State aid, Lexology Navigator: Cartels.

Further information about the team, the practice areas and the services of Maravela|Associații are available on the firm’s official website at http://www.maravela.ro

More

Posted by Maravela & Asociatii

2018-11-22 15:38:03