CMS has advised Bonafarm Group on its acquisition of a 97.57% stake in FrieslandCampina Romania from Royal FrieslandCampina.
The transaction remains contingent on regulatory approval.
Bonafarm Group is a Hungary-based vertically integrated agri-food business.
FrieslandCampina Romania is a dairy business in Romania. According to CMS, FrieslandCampina Romania owns the Napolact brand and operates two production facilities in Cluj-Napoca and Targu Mures, employing approximately 400 people. Following the transaction, Bonafarm intends to invest in expanding the production capacity of the acquired facilities and to strengthen the company’s relationships with commercial and supplier partners.
The CMS team included Hungary-based Partner Eszter Torok and Senior Counsels Zoltan Poronyi and Eszter Csapo, Romania-based Partner Rodica Manea, Counsel Claudia Nagy, Senior Associates Elena Andrei, Laura Capata, Catalin Vasile, Simona Strava-Stoica, and Ruxandra Georgescu, Associates Rares Crismaru, Bianca Banateanu, Aura Georgiana Marina, and Carmen Turcu, and Lawyer Vlad Dorneanu, as well as Netherlands-based Partner Mark Ziekman.
CMS could not provide additional information on the matter.
