News & Deals

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Leading Bulgarian Industrial Batteries Manufacturer Energia AD Acquired by EnerSys (NYSE: ENS)

Borislav Boyanov & Co. advised EnerSys (NYSE: ENS), the world’s largest manufacturer, marketer, and distributor of industrial batteries on all legal aspects of the acquisition of majority stake of the capital of Energia AD, Targovishte – the leading Bulgarian manufacturer of industrial batteries. The acquisition was completed on the floor of the Bulgarian Stock Exchange […]

borislav-boyanov-co-acted-on-the-bulgarian-merger-control-aspects-of-the-acquisition-of-wolff-walsrode

Borislav Boyanov & Co. Acted on the Bulgarian Merger Control Aspects of the Acquisition of Wolff Walsrode

Borislav Boyanov & Co. advised Dow Chemical Co. on the Bulgarian merger control aspects of their acquisition of Wolff Walsrode. Dow Chemical is a worldwide producer of plastics and cellulose-based chemical products. Wolff Walsrode produces various chemical and synthetic products. The Bulgarian competition authority – the Commission for the Protection of Competition gave unconditional clearance for […]

borislav-boyanov-co-assists-furniture-industry-acquisition

Borislav Boyanov & Co. Assists Furniture Industry Acquisition

On July 26, 2007 Alra, a Bulgarian company, engaged in the manufacturing and trade with furniture, acquired a majority package of the capital of Hamefa Bulgaria OOD and of Hamefa Mesta Mebel AD, owned by the Dutch company Hamefa B.V., and simultaneously acquired indirect control over Hamefa Trading EOOD, a daughter – company of Hamefa […]

tui-ag-reorganizes-its-bulgarian-operations

TUI AG Reorganizes its Bulgarian Operations

As a part of worldwide reorganization of its business on August 31, 2007 TUI AG transferred its participation in the capital of TUI Bulgaria OOD to Leibnitz Services GmbH. The value of the transaction reached EUR 16,5 million. The lawyers from Borislav Boyanov & Co. acted for both TUI AG and Leibnitz Services GmbH in […]

borislav-boyanov-co-acts-on-the-eur-68-million-acquisition-of-electrodi-ad

Borislav Boyanov & Co. Acts on the EUR 6,8 Million Acquisition of Electrodi AD

Borislav Boyanov & Co. advised ESAB, the world leader in the production of welding equipment, on their successful acquisition of the largest Bulgarian producer of welding electrodes Electrodi AD. The transaction was worth EUR 6,8 million and the firm assisted ESAB in both the legal due diligence and the transaction structuring and execution.     […]

borislav-boyanov-co-obtains-local-merger-clearance-for-the-acquisition-of-dow-jones-by-news-corporation

Borislav Boyanov & Co. Obtains Local Merger Clearance for the Acquisition of Dow Jones by News Corporation

The Commission for Protection of Competition (CPC) gave its clearance to News Corporation to obtain sole control over Dow Jones. Borislav Boyanov & Co. represented News Corporation during the merger clearance process. According to the press statement of the CPC Dow Jones presence on the Bulgarian market is de minimis; therefore, the concentration will not […]

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Firm Acts for Credit Suisse International and Credit Suisse, London Branch on EUR 265 Million Bridge Facility

The firm advised Credit Suisse International and Credit Suisse, London Branch in relation to the Bulgarian law aspects of a €265 million Bridge Facility Agreement with Belvedere S.A., France and other parties, with the purpose of financing the acquisition by Belvedere S.A. of Marie Brizard & Roger International (MBRI). The firm also advised affiliates of […]

borislav-boyanov-co-advises-gshl-on-the-acquisition-of-cska-sofia-football-club

Borislav Boyanov & Co. Advises GSHL on the Acquisition of CSKA, Sofia Football Club

Borislav Boyanov & Co. advised Global Steel Holdings Limited  on the acquisition of control over CSKA, Sofia one of the leading football clubs in Bulgaria. The firm’s team was involved in all aspects of the transaction, including due diligence, transaction structuring and merger clearance. In relation to the merger the Bulgarian competition authority for the […]

warburg-pincus-acquires-pay-tv-operator-eurocom-plovdiv

Warburg Pincus Acquires Pay-TV Operator Eurocom Plovdiv

Borislav Boyanov & Co. advised and represented Warburg Pincus (WP) in its acquisition of the largest Pay-TV operator in Plovdiv – Eurocom Plovdiv and its group (value above EUR 22 million). This acquisition, together with the acquisition of Eurocom Cable, made WP the largest player in the Bulgarian Pay-TV market. Borislav Boyanov & Co. were responsible for […]

borislav-boyanov-co-represents-the-coca-cola-company-in-ip-rights-infringements-actions

Borislav Boyanov & Co. Represents The Coca-Cola Company in IP Rights Infringements Actions

Borislav Boyanov & Co. was engaged in representing the Coca-Cola Company in four civil cases concerning infringements of the companies IP rights, as well as in a court case in front of the Supreme Administrative Court for establishing unfair competition by unauthorized use of signs similar to the registered trademarks of the company ( involving […]

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Bulgarian Telecommunications Company

Since 1998, Borislav Boyanov & Co. has advised various parties in relation to the privatization and post-privatization M&A deals related to the Bulgarian Telecommunications Company (BTC) – the incumbent land lines operator in Bulgaria. In particular, we advised Dutch telecommunications provider KPN on the first attempt to privatize BTC (1998-2000). Later on, we advised the […]

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Initial Public Offering of Devin AD

Borislav Boyanov & Co. advised Devin AD – the local bottled mineral water market leader on the implementation of the successful public offering of shares at the Bulgarian Stock Exchange. The firm was instrumental in supporting Devin in all steps of the IPO process. The firm’s team was lead by partner Alexander Chatalbashev.   Copyright […]

borislav-boyanov-co-assists-in-setting-up-local-investment-firm

Borislav Boyanov & Co. Assists in Setting up Local Investment Firm

The firm was instrumental in setting up EFG Securities Bulgaria, a local investment firm, part of the EFG group. The firm’s team worked on the licensing process and corporate organization. It also developed and advised on the complete set of internal rules and general conditions of the company.     Copyright picture: pixabay.com

borislav-boyanov-co-advises-and-implements-redundancy-for-international-food-manufacturer

Borislav Boyanov & Co. Advises and Implements Redundancy for International Food Manufacturer

The firm provided advice in connection with the complete shutdown of an international food producer’s operations in Bulgaria, including regulatory advice on collective redundancy requirements and legislation, handling negotiations with trade unions and employees regarding severance packages and other related issues.     Copyright picture: pixabay.com

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Construction / Real Estate Work Highlights until 2007

The firm advised Deutsche Bank on the sale of the biggest office building complex in Bulgaria – Business Park Sofia; The firm provided advisory services on the acquisition of around 115,000 sq. m. of real estates for the construction of a logistic park near Plovdiv; The firm provided advisory services on the acquisition of the […]

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Energy Derivatives Transactions for a US Investment Bank

Borislav Boyanov & Co. acted for a major US investment bank by providing advice on various aspects of trading in commodity derivatives including electricity, gas and emissions.   Copyright picture: pixabay.com

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Petroleum Refinery Project in Silistra

  The firm acts for the Petromaxx Energy Group on corporate, financing and other legal matters related to the planned Petromax petroleum refinery construction near the town of Silistra, in the north-east of Bulgaria – a green-field project with an estimated value of over $170 million.   Copyright picture: pixabay.com

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Firm Acts for Creditors in Former Bulgarian National Arilines’ Bankruptcy Proceedings

Following the insolvency of the former Bulgarian national flag carrier Balkan Airilnes, Borislav Boyanov & Co. represents a number of creditors of the airline in its ongoing bankruptcy proceedings. Our clients include Laufer Aviation, Amadeus GTD, ATR France, Air BP Ltd., companies from Total Group, and others.     Copyright picture: pixabay.com

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Construction Products Joint Venture Established by Fisher Profil

Borislav Boyanov & Co. provided assistance and support to Fisher Profil (a subsidiary of Corus, part of Tata Steel) on the setting up and future development and expansion of its joint-venture plant in Bulgaria.     Copyright picture: pixabay.com

efg-local-banking-group-reorganization-assisted-by-borislav-boyanov-co

EFG Local Banking Group Reorganization Assisted by Borislav Boyanov & Co.

EFG Eurobank successfully completed the reorganization of its banking group in Bulgaria after it acquired DZI Bank. The reorganization comprised the merger of its existing banking subsidiary EFG Eurobank Bulgaria (formerly Bulgarian Post Bank) with newly acquired DZI Bank. Borislav Boyanov & Co. provided outside counsel advice to the  merger (on both corporate and regulatory matters) that […]