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BOYANOV & Co. Advised Haedus on the Acquisition of the DIY Business of bauMax in Bulgaria

BOYANOV & Co. advised Haedus on the acquisition of the local business of the Austrian group bauMax. The complex process involved not only the sale of the shares of bauMax Bulgaria, but also the provision of financing for the acquisition, the consolidation and assignment of the commercial payables, the assignment and restructuring of all financial liabilities, renegotiation of all material contracts of the target, etc. In parallel, the firm was advising the shareholders in Haedus on entering into a complex long-term shareholders agreement.

BOYANOV & Co.’s team on the deal was led by Yordan Naydenov, Partner and Head of Corporate and M&A.

 

 

 

 

Copyright picture: bauMax