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Băncilă, Diaconu și Asociații S.P.R.L. assisted the shareholders of Mamaia Resort Hotels in the sale of their shares to Steaua de Mare Hotels & Resorts
Băncilă, Diaconu și Asociații S.P.R.L. provided comprehensive legal assistance to the shareholders of Mamaia Resort Hotels S.R.L., owner of the Zenith Conference & Spa Hotel, in connection with the sale of their entire shareholding to Steaua de Mare Hotels & Resorts, one of the most prominent hospitality operators on the Romanian seaside.
The attorneys of Băncilă, Diaconu și Asociații covered all stages of the transaction, including structuring the deal, drafting and negotiating the share sale and purchase agreement and ancillary documentation, and managing closing formalities, ensuring an efficient process for all parties involved.
We are very pleased with the contribution of Băncilă, Diaconu și Asociații to the successful completion of this transaction. Their professionalism and dedication provided us with confidence throughout the process. Alexandra Siminiceanu handled all requests and challenges with promptness and efficiency, playing a key role in achieving the desired result.
Statement from the sellers
The transaction of Mamaia Resort Hotels was based on trust and good collaboration, resulting in a well-structured exit. This ensured the achievement of their strategic objectives and a successful transfer to Steaua de Mare Hotels & Resorts.
Alexandra Siminiceanu
Senior Managing Associate at Băncilă, Diaconu și Asociații S.P.R.L.
The Băncilă, Diaconu și Asociații S.P.R.L. team included Ștefan Mantea (Partner), Alexandra Siminiceanu (Senior Managing Associate), Miruna Coderie (Senior Associate), Victor Voicu (Senior Associate) and Otilia Mitu (Senior Associate).