ZIARE | STIRI | TV 1 noiembrie 2024

Schoenherr și Asociații SCA advised Trans-Oil Group, a leading agribusiness operator in the Black Sea region, on the acquisition of Frial Terminal, located in the Port of Constanța, Romania. The transaction marks a key milestone in Trans-Oil’s long-term strategy to expand its presence in the Black Sea, allowing the group to streamline its logistics and distribution of goods across multiple continents. Schoenherr provided buy-side legal advice in connection with the recently signed M&A transaction. Closing is expected to take place later in Q4 2024, subject to merger clearance. „With this acquisition, Trans-Oil strengthens its strategic position in the Port of Constanța, the largest seaport in the Black Sea. We are glad to have contributed to getting this deal done, supporting Trans-Oil in reinforcing its role as a leading player in the agricultural commodities market,” said partner Mădălina Neagu, who led the Schoenherr team advising the buyer in this matter. Frial Terminal, which boasts a transshipment capacity of 1.5m tons of cereals and 500,000 tons of vegetable oil, becomes part of Trans-Oil export terminals portfolio, which already includes terminals in Reni (Ukraine), Giurgiulesti (Republic of Moldova), Pancevo and Backa Palanka (Serbia). Trans-Oil Group has announced it contemplates a significant expansion of the storage capacities of Frial Terminal. The Trans-Oil Group is a leading agribusiness operator in the Black Sea region, specializing in the production, processing, and trading of agricultural commodities. The group covers a wide range of activities, including oilseed crushing, grain handling and storage, international commodities trading, vegetable oil in bulk, bottled oil, and flour production. It owns and operates five oilseed crushing (…)