Kinstellar has advised Max Aicher Group, a leading German industrial group, on the sale of its property in the former industrial estate “Combinatul de Utilaj Greu” (“CUG”) in Cluj-Napoca, Romania—one of the largest sites of its kind in Romania—to Hexagon Group, a local real estate developer. The transaction involves the sale of approximately 23 hectares of industrial land. The property had been owned by a special purpose vehicle of Max Aicher Group. The acquisition marks one of the most significant land transactions in Cluj-Napoca in recent years and supports Hexagon’s urban regeneration strategy focused on redeveloping former industrial areas. The developer plans to transform the site into a modern
Kinstellar is delighted to announce several leadership appointments across our Service Lines and Sectors: Horst Ebhardt (Office Managing Partner, Vienna) has been appointed Co-Head of the M&A, Corporate and Private Equity Service Line, alongside Jan Juroška (Prague Office Managing Partner), Cătălin Graure (Counsel, Bucharest) will serve as Head of the firm-wide Foreign Direct Investment (FDI) Screening Service Line, and Barbara Kusak (Partner, Prague) and Rusandra Sandu (Partner, Bucharest) will lead our firm-wide Consumer & Retail Sector. Horst brings 25 years of experience in private practice, specialising in complex cross-border M&A, privatisations, and restructuring
Kinstellar has successfully advised GTCR, a leading US-based private equity firm, on its agreement to acquire Zentiva, a prominent European generics pharmaceutical company, from global private equity investor Advent International. The transaction marks one of the most significant healthcare buyouts in Europe this year and is expected to close in early 2026, subject to customary regulatory approvals. Kinstellar acted as local counsel to GTCR, providing full-scope legal support across Central and Eastern Europe, including corporate, regulatory, and transactional matters. The firm collaborated closely with Kirkland & Ellis, GTCR’s lead legal advisor, on this high-profile cross-border deal. Under Advent’s ownership