Musat & Asociatii has advised Adesgo on the sale of its seamless apparel manufacturing, marketing, and distribution business to Tefron Europe.
Closing is expected in mid-2023, pending regulatory approval.
Adesgo is a Romanian producer of seamless undergarments. Israeli group company Tefron Europe develops and manufactures seamless products.
The Musat & Asociatii team was led by Partner Monia Dobrescu and Managing Associate Madalina Trifan and included Managing Associates Alina Man and Simona Anton and Senior Associate Cristian Cepesi.
Musat & Asociatii did not reply to our inquiry on the matter.
Editor's Note: After this article was published, Firon Bar-Nir announced it had advised Tefron on the acquisition of Adesgo's seamless apparel operation. The firm's team included Bucharest-based Senior Managing Partner Ron Bar-Nir, Managing Partner Alina Moldovan, Partner Diana Schiopu, Managing Associate Sabrina Necula, and Associate Livia Draghici, and Tel-Aviv-based Firon Partner Itzchak Blau, who also serves as the Legal Counsel for the Tefron Group.