DLA Piper assisted Szallas Group in the EUR21 million acquisition

DLA Piper’s office in Bucharest assisted Szallas Group, part of Wirtualna Polska Holding, in successfully signing the agreement to acquire Litoralulromanesc.ro travel agency, marking the largest transaction in the Romanian tourism market to date. The deal, valued at over EUR21 million, was expertly facilitated by DLA Piper’s Bucharest office.

The DLA Piper team, led by Senior Associate Bogdan Buta and overseen by Country Managing Partner Marian Dinu and Partner Paula Corban, provided comprehensive legal support throughout the acquisition process. Key assistance on merger filing and foreign direct investment was delivered by Counsel Răzvan Pele and Managing Associate Cristi Porojanu, while several other team members contributed to the thorough due diligence process.

“Our legal team combined deep sector understanding with specific commercial acumen to support Szallas Group's regional development ambitions, promoting Romanian tourism in a global context” said Marian Dinu. “We are honored to have assisted Wirtualna Polska Holding in yet another acquisition in Romania and grateful for the client’s confidence in our team’s capabilities and expertise” said Bogdan Buta.

Comunicat furnizat si asumat de DLA Piper Dinu SCA

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