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- Goltsblat BLP advises and acts for Rolf Group in relation to their business consolidation with Pelican-Auto
News & Press
9 February 2016 Goltsblat BLP advises and acts for Rolf Group in relation to their business consolidation with Pelican-Auto
Goltsblat BLP, the Russian practice of the international law firm Berwin Leighton Paisner (BLP), is advising and acting for the major Russian car dealer Rolf Group in relation to its business consolidation with another auto trader, the Pelican-Auto holding.
The Goltsblat BLP corporate team was led by Head of Group Anton Panchenkov, while Head of Corporate, Partner Anton Sitnikov performed overall project coordination. Senior Associates Nikolay Kholshev and Andrey Neminuschiy, as well as Junior Associate Mikhail Filatov, were also on the team.
Rolf Group and Goltsblat BLP representatives comment on their joint project work:
Igor Salita, Rolf Group Chairman: "I am grateful to Goltsblat BLP seniors and the team for the highly professional legal support they provided to our M&A team in this strategically important deal, which strengthened our leading position on the Russian car market and set up a unique platform for further consolidation of car dealers."
Anatoly Kairo, Rolf Group Director noted that "the Goltsblat BLP team has shown its worth: their legal assistance with structuring, legal drafting and support throughout the transaction has at all times been prompt and highly professional. Key associates also proved very valuable at the negotiating table and in resolving intricate legal issues under Russian, Cyprus and English law."
Andrey Goltsblat, Managing Partner of Goltsblat BLP and Anton Sitnikov, Partner and Head of Corporate, Goltsblat BLP said: "We are happy that our vast M&A experience, particularly in car retailing, made us eligible to contribute to this landmark transaction on the Russian car market and act for our client Rolf Group, with which we are pleased and honoured to have worked for many years now. We hope this transaction will further strengthen our client’s position on the market and push up its profitability level."