Musat & Asociatii advised Ecolab, a global leader in water, hygiene and infection prevention solutions and services, on the Romanian law aspects of its strategic acquisition of Purolite Corporation, involving around 30 jurisdictions over six continents. The acquisition was structured as a cash transaction and valued at approximately USD 3.7 billion.
Purolite is a global leader in high-end resin technology and services, operating in more than 30 countries and employing approximately 1,000 people worldwide, with expected 2021 sales of approximately USD 0.4 billion.
Musat & Asociatii has assisted Ecolab in all work relating to Romania, from extensive due diligence, corporate, real estate, employment, and environmental aspects, to transaction structuring, closing and post-closing.
Commenting on the transaction, Deputy Managing Partner Razvan Stoicescu said: „The mandate was particularly sophisticated, the target being active in a highly regulated environment, with long standing business presence, a substantial number of employees and significance on the local market. All these made for a very provocative project which our team has handled flawlessly and always in line with all client’s needs and expectations.”
The mandate was led by Razvan Stoicescu (Deputy Managing Partner), with Iulian Popescu (Deputy Managing Partner), Mihai Popa (Deputy Managing Partner) and Monia Dobrescu (Partner), Adrian Danciu (Managing Associate), Simona Anton (Managing Associate), Ana Maria Abrudan (Managing Associate), Madalina Trifan (Managing Associate), Oana Lupu (Senior Associate), Evelina Mieisor-Grecu (Senior Associate), Cristian Cepesi (Senior Associate), and Valentina Burada (Associate) playing a key role in the process.