NNDKP assists Globant with the merger of two Romanian subsidiaries, part of a global reorganization process
August, 2024 - Bucharest, Romania
Nestor Nestor Diculescu Kingston Petersen (NNDKP) has recently advised Globant, an IT and software development company present in 33 countries with more than 29,000 employees worldwide, throughout the entire process of merging two Romanian subsidiaries – Pentalog Romania S.R.L. and Pentalog HR Romania S.R.L. The transaction was part of a global reorganization process that Globant designed in order to continue and accelerate its expansion worldwide, including in Romania.
NNDKP provided comprehensive legal assistance and strategic legal guidance from a corporate perspective in all stages of the merger, as well as counseling on specific aspects related to transfer of employees to ensure a smooth transition, the continuity of the business and a seamless integration of the two companies involved in the merger.
The team was coordinated by Răzvan Vlad, Partner, Corporate and M&A practice, who worked closely with Vlad Anghel, Managing Associate, on the corporate aspects, and Daniel Stăncescu, Senior Associate, on the employment matters.
“We are happy and proud to have assisted the client and to have made this merger between Globant’s subsidiaries in Romania a smooth process from a legal perspective. The client’s continued support and our team’s dedication and expertise were instrumental in navigating the complexities of this project. We are confident that this merger will create substantial value for all stakeholders and pave the way for future growth and innovation for our client,” said Razvan Vlad, Partner, NNDKP.
With more than 30 years of experience in the market, NNDKP lawyers provide integrated and specialised assistance in all areas of law involved in transactions and regulatory projects, helping to identify bespoke solutions and strategies for each client. NNDKP’s Corporate/M&A team has built an impressive track record of successfully completed projects in the past three decades, having advised in transactions totalling tens of billions of euros, including projects that have shaped the local business market.
