Filip & Company law firm has provided legal assistance to Autonom Services S.A. in relation to the signing of the agreement for the acquisition of 100% of the shares in Business Lease Romania S.R.L. from Business Lease Group B.V., a subsidiary of the Dutch AutoBinck Group.
The transaction represents a new step in Autonom’s development strategy in Romania’s operational leasing market and will help strengthen the company’s position in this sector by expanding its vehicle fleet and customer portfolio and integrating the expertise of the Business Lease Romania team into corporate fleet management.
The closing of this transaction is subject, among other things, to obtaining clearance from the Competition Council and authorization under the foreign direct investment (FDI) review mechanism, as per the applicable law.
“Autonom is a truly unique company that strives every day to grow by learning how to do things better. They have demonstrated that it is possible to build a strong business, grow steadily, and compete successfully in a market long dominated by international players. And this transaction also speaks to the evolution of the local market: we’re no longer just talking about organic growth, but about consolidation, the ability to integrate businesses, and building for the long term. This is an important new milestone for Autonom, and we’re glad we were able to contribute to this project. We thank the Autonom team for their trust and for the excellent collaboration”, said Alexandru Bîrsan, managing partner at Filip & Company.
The Filip & Company team that advised Autonom on this transaction was led by Alexandru Bîrsan (managing partner) and included Alina Stancu Bîrsan (partner), Andreea Bănică (counsel) and Paola Nardelli (associate). For competition-related matters, assistance was provided by Cătălin Suliman (partner) and Roxana Roșca (counsel), and as for the financing matters, the team included Alexandra Manciulea (partner) and Camelia Ianțuc (counsel).
The lawyers at Filip & Company have had important roles in many of the key M&A transactions in Romania. Whether they were privatisations, private equity, venture capital or growth capital transactions or other complex M&A, in most of the cases, at least one of the parties was legally assisted by Filip & Company. Furthermore, the lawyers at Filip & Company are ranked first in the most prestigious international legal directories – Chambers and Partners and Legal 500 - with their M&A practice, both as a team as well as individually.
Filip & Company
Filip & Company is one of the leading law firms in Romania, providing top-quality assistance in all relevant areas of business law for companies operating in—or considering—Romania. Specialised in complex projects that require an innovative approach, Filip & Company's lawyers have significant experience in diverse areas, such as infrastructure and concessions, mergers and acquisitions, energy, corporate, real estate, competition law, finance, and capital markets, as well as labour law, data protection, and consumer or environmental protection. The firm also provides legal assistance and representation in disputes and arbitrations with significant implications for their clients’ businesses. Please visit www.filipandcompany.com to find out more about Filip & Company’s expertise areas and team.
