KDBMLaw advised Smart Organic AD on the acquisition of Santulita - а leading Bulgarian bio beverage company (the producer of Frudada) and Biopak, a local bio packaging distributor.
Smart Organic is a leading producer and distributor of organic products in Bulgaria and Europe. Last year, Smart Organic obtained almost BGN 3 mln in IPO funding after listing on the BEAM market (new to the BEAM Market? See here).
At the beginning of July, Smart Organic acquired 100% of Biopak and 70 % of Santulita.
What does Biopak do? Biopak is an importer and distributor of environmentally-conscious biodegradable packages.
What does Santulita do? Santulita is a Sofia-based company which stands behind the smoothie brand Frudada, produced using fresh fruit and vegetables with no sugar, additives or water.
KDBMLaw advised Smart Organic on all legal matters of the transactions. The team included Dimitar Kaldamukov, attorney-at-law (partner), Stanimira Hristova, attorney-at-law (senior lawyer) and Kalin Shivarov (associate).
Our team successfully catered for the negotiations and conducted the entire transaction process in less than two months. The support included drafting the preliminary and final share purchase agreement, conducting due diligence, drafting corporate documents and filing for registrations, and in the case of one of the companies: putting option and call options for shares as part of the complex transaction.
KDBMLaw is a pioneer in the stock exchange, IPO financing advice, and BEAM market listing advice.
We also have substantial experience in structuring M&A deals.
In addition, KDBM law assembles expertise in different legal and regulatory fields, which makes us the trustful partner for your due diligence.
Need any help? Get in touch right away - office@kdbmlaw.com.