Mid Europa Partners acquires Profi Rom Food

Dechert LLP has advised Mid Europa Partners on its acquisition of Profi Rom Food, the largest supermarket chain in Romania from Polish Enterprise Fund VI.

This is the largest deal ever completed by a private equity fund in Romania and the largest retail deal in the country’s history. Profi is a modern retail network with the widest geographical spread in Romania, operates from almost 500 stores and had sales of EUR 800 million in 2016. Today Profi is one of the top employers in Romania with nearly 11,000 employees.

Dechert has advised with a team co-led by John Markland (Private Equity Finance) and Ross Allardice (M&A) and including Giles Belsey, Ross Montgomery, Kevin-Paul Deveau, Kenny MacLeod, Jonathan Groves and trainee solicitor Anna Gaudoin.

Involved fees earner: John Markland – Dechert; Ross Allardice – Dechert; Ross Montgomery – Dechert; Kenny MacLeod – Dechert; Giles Belsey – Dechert; Kevin-Paul Deveau – Dechert; Jonathan Groves – Dechert;

Law Firms: Dechert;

Clients: Mid Europa Partners;