Maravela|Asociații assisted a major shareholder of Nordic Petfood, the leading local producer of petfood, in the process of selling the entire business to United Petfood. The share purchase agreement was signed mid August.
Nordic Petfood is the Romanian lead producer and supplier of private labels for the most important modern and specialized retail partners in Romania, with over 40.000 tons of dry food for cats and dogs produced and delivered annually.
Belgian group United Petfood, a family business, entered the market in 1994. It operates eight factories in Belgium, France, the Netherlands, Spain and Poland and sells in over 40 countries across Europe, as well as in China, Japan, and the US.
Maravela|Asociații assisted the managing partner, one of the major shareholders of Nordic Petfood, in all aspects of the transaction consisting of the sale of the business to United Petfood, namely due diligence, drafting and negotiating the transaction documents and terms. The entire process was extremely smooth and lasted less than four months.
At partner level, the dedicated team of Maravela|Asociații consisted of Alina Popescu, Dana Rădulescu, Răzvan Pele and Gelu Maravela.
Further information about the team, services and achievements of Maravela|Asociații is available at http://www.maravela.ro