As Ukraine continues to resist the Russian Federation’s invasion, its M&A market in 2024 demonstrates both resilience and adaptability. While the early months of the full-scale war in 2022 likely represented an all-time low for dealmaking, today’s landscape appears far more dynamic. Although reaching and surpassing pre-war levels of activity will take time, the market is showing clear signs of recovery.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

Bernitsas has advised Georgoudis Parthenon on its partnership with the Aceitunas Guadalquivir Olives Group, backed by Alantra Private Equity.

PwC’s Romanian affiliate D&B David and Baias has advised the FAN Courier shareholders on the acquisition of a 60% stake in Marian’s Trading, a customs brokerage company.

TGS Baltic, working with Vinge, has advised Bergs Timber on the sale of its Latvian sawmill business Vika Wood to Nextwood One, part of the Austrian HS Timber group. Schoenherr advised HS Timber on the deal. Cobalt reportedly advised HS Timber as well.

E+H, working with Clifford Chance, has advised Interpath Holding on the acquisition of the Kerkhoff Group including its Austrian subsidiary Kerkhoff Consulting. Poellath advised the shareholders of the Kerkhoff Group on the sale.