German group Messer, supplier of industrial, natural and medical gases worldwide, has recently taken over Buse Gaz company based in Romania, which delivered industrial gases.
Noerr has provided legal assistance during the acquisition process. The transactions have been Okayed by the Competition Council in Romania in March this year, while the conclusion of the takeover was due in early May.
The legal assistance has been provided by Rusandra Sandu (Partner, Corporate/M&A and Competition department coordinator), Cristina Stamboli (Senior Associate) and Luiza Bedros (Senior Associate), since the sale and purchase agreement has been signed until the transaction has been concluded.
„We are happy that we have been able to assist Messer Group in this transaction, as it has been a complex one, involving legal aid in both jurisdictions (Romania and Germany) provided by more advisers for both parties. We relied though on the expertise of the Noerr office in Bucharest and on our experience gained from other successful transactions. I hope we could prove that again,” said Rusadra Sandu.
The Messer Group GmbH is a supplier of industrial gases. Business is focused on 30 European and Asian. The company headquarters are located in Bad Soden, Germany.
Messer is selling gases for industrial use like Oxygen, Nitrogen, Argon, Carbon Dioxide, Hydrogen, Helium, Shielding gases and gases for medical use.