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News from Members Botezatu & Asociații | TheCounsel alongside Sodexo Romania in the 7Card acquisition

Botezatu & Asociații | TheCounsel alongside Sodexo Romania in the 7Card acquisition

by act | Botezatu Estrade Partners September 19, 2019

Sodexo Romania has completed its acquisition of the entire shares package of 7Card, becoming the largest Romanian provider of leisure, sports and wellness corporate memberships for employees. 

Botezatu & Asociații | TheCounsel advised Sodexo on every aspect of this complex takeover, comprising various stages of acquisition.

TheCounsel team of lawyers was coordinated by Partner Laura Estrade, backed by Managing Associate Andrei Mureșan and Associate Ruxandra Liștea. The deal was complex in terms of transaction phases structuring and involved intricate corporate, competition and regulatory matters, all smoothly handled by the dedicated team at Botezatu & Asociații | TheCounsel.

“We are honoured to have assisted Sodexo in this acquisition that has enabled our client to diversify its services portfolio and will have a positive impact on the quality of life of employees. We are ourselves promoters of a healthy lifestyle, hence our enthusiasm in being alongside Sodexo in this endeavour” – stated Laura Estrade, Partner and founder of Botezatu & Asociații | TheCounsel.

The law firm is active on the Romanian market since 2016 and is comprised of agile, innovative, result oriented and flexible lawyers, sourced from top international and local law firms with an impressive track record of achievements acquired over time in high profile transactions. In only 3 years, the firm has consolidated its position as a top-notch Romanian law firm.

“We thank Botezatu & Asociații for their excellent support throughout the last 3 years! They were with us from the initial phases of the transaction and worked tirelessly towards its closing, proving once again that they deserve their place as the go-to firm in terms of Corporate/M&A” – said Sven Marinus, CEO Sodexo Benefits & Rewards Services Romania.

Sodexo Romania is part of the Sodexo group, a world leader in the quality of life services, with over 460,000 employees in 72 countries. The company is present on the Romanian market for over 20 years

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