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News from Members NNDKP assists Holcim Romania with the acquisition of Stones Business Development SRL and contributes to the expansion of the company in the aggregates sector

NNDKP assists Holcim Romania with the acquisition of Stones Business Development SRL and contributes to the expansion of the company in the aggregates sector

by NNDKP April 21, 2023


Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted Holcim Romania, one of the leaders in the construction materials industry in Romania, with the expansion of its aggregates division through the acquisition of 100% of the shares of Stones Business Development SRL, which operates an aggregate station and a sand and gravel mining exploitation.

NNDKP assisted Holcim Romania in all phases of the transaction, from performing the due diligence analysis on the target company and its mining activities, to advising the client in the negotiation of the share sale-purchase agreement, as well as in drafting and reviewing the relevant contractual documentation.

The transaction was completed at the end of March, and the NNDKP team dedicated to the project was led by Ruxandra Bologa, Partner and Co-head of the Corporate/M&A and Energy and Natural Resources practices, and included Emanuel Flechea (Managing Associate), Mirela Preda (Counsel), from the Corporate/M&A practice, Vlad Tănase (Partner, Real Estate practice), Roxana Ionescu (Partner, Environment practice) and Lucian Barbu (Partner, NNDKP Tax Advisory Services).

"Holcim is one of the most important local players in the production of high-performance construction materials. We are delighted to have been able to assist the company with its plan to expand locally through this new acquisition, which contributes to strengthening its position in the construction market. I would like to thank Holcim for their trust and excellent collaboration throughout the transaction", said Ruxandra Bologa, NNDKP Partner, Corporate/M&A and Energy and Natural Resources practices.

With the legal assistance provided to Holcim Romania in this transaction, NNDKP expands and strengthens its portfolio of Corporate/M&A projects in which it has been involved in recent months, in industries such as energy and natural resources, food and agribusiness, technology and IT, transport and logistics and medical services. NNDKP has built an impressive track record of successfully completed projects over the past 30 years, having advised in transactions with a cumulative value of tens of billions of euros, including projects that have shaped the local business market.



Nestor Nestor Diculescu Kingston Petersen is a promoter of business law in Romania with more than 30 years of experience, independently acknowledged as a pioneer of the Romanian legal market. NNDKP offers full-service and integrated legal and tax advice to companies from diverse industry sectors. For the past three decades, NNDKP lawyers have provided expertise in landmark deals and projects in Romania, contributing to the evolution of the Romanian business environment, including in innovative and niche economic sectors that involved both international corporations and local entrepreneurs.

NNDKP represents Romania in some of the most prestigious international professional alliances - Lex Mundi, World Services Group, International Attorneys Club - and is a founding member of SEE Legal. The firm is constantly top ranked in all practice areas by the renowned international guides Chambers & Partners, Legal 500 and IFLR1000.

NNDKP is a 6-time winner of the much-coveted “Romania Law Firm of the Year” award at the Chambers Europe Awards gala, in 2022, 2021, 2017, 2013, 2012 and 2009.


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