Patrikios Pavlou & Associates LLC have advised Sberbank on the sale of debt and equity in Eurocement Group on a transaction amounting to over 2 billion USD following electronic auction, to the winning bidder who made the best price offer. Eurocement is Russia’s largest cement producer, and one of the largest producers globally. Eurocement operates 15 cement plants in Russia. The sale was conducted through an open and transparent market procedure. This project was unprecedented in terms of size and structure for the Russian market.
Patrikios Pavlou & Associates LLC have advised on all legal aspects relating to Cyprus Law on this international project, in cooperation with Bryan Cave Leighton Paisner (Russia) LLP and Schellenberg Wittmer (Switzerland). The Patrikios Pavlou & Associates LLC team included a team of 5 lawyers from our firm’s corporate finance practice, widely acknowledged by international directories as one of the leading in Cyprus.