PKO BP receives advice from our site regarding the funding of Maspex Group's acquisition of Purcari Wineries.
Norton Rose Fulbright Advises on PKO Bank Polski's Cross-Border Loan Financing for Maspex's Acquisition of Purcari Wineries
PKO Bank Polski S.A. Varsovia, Sucursala București, a bank with offices in both Poland and Romania, has received expert legal counsel from global law firm Norton Rose Fulbright on a cross-border loan financing deal. The loan was structured to support Maspex Romania S.R.L., a subsidiary of the Maspex Group, in its acquisition of Purcari Wineries, the largest exporter of bottled wine from Moldova.
The acquisition was carried out as a voluntary takeover, approved by Romanian financial regulators. The loan, governed primarily under Polish law, was a significant step in Maspex's long-term strategy to consolidate and expand its presence in the premium beverage segment.
Grzegorz Dyczkowski, head of the Warsaw office and the firm's Warsaw banking and finance practice at PKO Bank Polski S.A. Varsovia, Sucursala București, supervised the legal team that worked on the transaction. The team, led by counsel Jacek Smardzewski, included associate Michał Rutkowski and lawyer Natalia Rybak.
Norton Rose Fulbright helped navigate the complex legal and regulatory landscape to ensure compliance across jurisdictions. The acquisition structure required compliance with both Polish legal frameworks and Romanian regulatory requirements.
Purcari Wineries, the leading wine producer in Central and Eastern Europe, manages over 2000 hectares of vineyards and operates six wineries across Moldova, Romania, and Bulgaria. The company has a portfolio of premium Romanian and Moldovan brands.
The Maspex Group is one of the largest food and beverage producers in Central and Eastern Europe, and has been present in Romania for nearly 30 years. The acquisition of Purcari Wineries marks a significant step in Maspex's strategic regional expansion.
PKO Bank Polski S.A. Varsovia, Sucursala București's legal team was responsible for the legal aspects of the loan governed by Polish law for the acquisition of Purcari Wineries. The bank has advised on a loan to Maspex Romania S.R.L. for this acquisition.
In summary, Norton Rose Fulbright provided expert legal counsel on the cross-border loan transaction underpinning Maspex’s acquisition of Purcari, emphasizing regulatory compliance and transaction structuring in a multi-jurisdictional context. The acquisition of Purcari Wineries is expected to further strengthen Maspex's position in the premium beverage market in Central and Eastern Europe.
- The cross-border loan transaction, structured to support Maspex Romania's acquisition of Purcari Wineries, was a significant step in Maspex's long-term business strategy and was governed primarily under Polish law.
- Norton Rose Fulbright, in advising PKO Bank Polski on the financing deal, helped navigate the complex regulatory landscape to ensure compliance across both Polish and Romanian business industries.
