DLA Piper has advised the Szallas Group on its acquisition of Litoralulromasec.ro for more than EUR 21 million. PwC-affiliated law firm David & Baias advised the sellers.
Szallas Group is part of Wirtualna Polska Holding, a technology-based group of companies listed on the Warsaw Stock Exchange with operations in media, advertising, and e-commerce present in Poland and Central and Eastern European countries.
Litoralulromanesc.ro is a travel agency in Romania.
The DLA Piper team included Country Managing Partner Marian Dinu, Partner Paula Corban, Counsel Razvan Pele, Managing Associate Cristi Porojanu, and Senior Associate Bogdan Buta.
The David & Baias team included Partner Anda Rojanschi, Managing Associate Romana Petre, Senior Associate Corina Celmare, and Lawyer Cristina Bostean.