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Auchan and One United acquired Automatica & Ford factories in Bucharest from Global Finance
Popovici Nițu Stoica & Asociații advised Auchan and One United on their acquisition from Global Finance of the former Automatica factory and the Ford Motor Company’s first plant established in Eastern Europe, an historical monument dated 1935. The transaction was closed in November 2016.
Popovici Nițu Stoica & Asociații has been advising Auchan since its entry in Romania, on all its legal matters, including on the acquisition or development of all its shopping centres.
PNSA team was led by Deputy Managing Partner Bogdan C. Stoica along with Managing Associate Irina Ivanciu and Associate Mariana Marcu.
The Factory constructed in 1935, was the Ford Motor Company's first plant and assembly line in Eastern Europe.
