News

PNSA advised ContentSpeed on the sale of a majority stake to Payten

August, 2021

PNSA advised ContentSpeed, leading eCommerce software solutions and services on the Romanian market, on the sale of a majority stake to Payten, part of Asseco Group.

Payten together with ContentSpeed will accelerate the development of existing and new e-commerce products and software solutions

Founded in 2003, ContentSpeed ​​sets the industry standard for online stores and e-commerce sales channels.

PNSA provided legal assistance during the entire project and covered the advisory in the legal due diligence, the structuring and negotiation of the transaction documentation, as well as assistance in the process of meeting the conditions precedent.

PNSA team was led by Silviu Stoica (Partner), along with Vlad Ambrozie (Managing Associate).

***

Other M&A transactions recently advised by PNSA:

• Via-Trend on the sale to Oresa.
• Orange on the acquisition of a majority stake in Telekom Romania Communications.
• BRD Groupe Société Générale on its investment in CIT One.
• Burda Group on the sale of its business in Romania.
• Auchan on the takeover of the entire chain of OMV Petrom petrol filling stations in view of converting them into MyAuchan proximity stores and their further non-petrol retail operation.
• Ameropa Grains on the sale of a former industrial platform in Constanța to Hornbach.
• Dr. Leahu Dental Clinics Network on the acquisition of CORIDENT PRO Clinic from Sibiu.
• BICO Industries on the entry of a new investor.
• WDP on the acquisition of three major logistics parks in Romania.