Tuca Zbarcea & Asociatii has advised arranger and financier Banca Transilvania and financier OTP Bank Romania on credit facilities worth RON 30.5 million and EUR 26.7 million for the Holde Agri Invest group. Filip & Company advised Holde Agri Invest.
AI in Agriculture: Navigating Liability and Regulation
The world’s population is on the rise, increasing the demand for food. The United Nations estimates that the world population will reach 9 billion people in approximately 15 years; by 2050, it is expected to reach 10 billion people. This means there will be an additional two billion people to feed, necessitating farming and food production to become more efficient.
Asters Advises Agrosem Group on EUR 9.6 Million EBRD Financing
Asters has advised the Agrosem Group on a EUR 9.6 million financing from the European Bank for Reconstruction and Development to develop a grain transshipment complex.
Boyanov & Co and Wolf Theiss Advise on Borealis Sale of Indirect Shareholding in Neochim
Boyanov & Co has advised Borealis on the Bulgarian aspects of the sale of its indirect shareholding in Neochim to Agrofert. Wolf Theiss advised Agrofert.
DLA Piper and Grant Thornton Advise on Acquisition of Victoria Cymes
DLA Piper has advised Bracia Sadownicy and its founders on joining forces with minority investor Syntaxis Capital – providing a mezzanine loan – to acquire Victoria Cymes. Grant Thornton advised both the buyer and the investor on due diligence for the target. CMS reportedly advised Syntaxis Capital.
Procedure for Acquisition of Ownership Right to Agricultural Lands Improved
On 2 May 2023, the Ukrainian Parliament adopted Law “On Amendments to the Laws of Ukraine Regarding Improvements of Legal Regulation of Notarial and Registration Actions When Acquiring the Land Plots” No. 3065-IX (“Law”).
Greenberg Traurig and Meissner Koziol Kaczmarek Advise on Animex Foods Acquisition of DeVeris
Greenberg Traurig has advised Animex Foods on its acquisition of an 80% stake in DeVeris Polska from an unidentified majority shareholder and Amencer International Polska. Meissner Koziol Kaczmarek & Partner advised the sellers.