March 2025 – Kinstellar is pleased to announce that it has advised EMMA Capital Group, a private investment group, on its acquisition of Diamedix, one of Romania’s largest independent medical equipment distributors. The deal, closed through EMMA Capital’s subsidiary Emma Zeta, marks a significant expansion of the group’s footprint in the medical technology and diagnostics sector across South-eastern Europe.
The transaction includes the acquisition of Diamedix Impex, along with its five subsidiaries operating in Romania, Moldova, Bulgaria, and Ukraine. Kinstellar provided comprehensive legal support on all aspects of the transaction, including due diligence review, guidance on structuring/closing, foreign direct investment (FDI), and antitrust clearances.
Our legal team was led by Zsuzsa Csiki in Romania (Partner, Co-Head of Corporate M&A in Romania), with strong support from Mihai Stan (Managing Associate) and Ioana Popescu (Senior Associate).
The team also included Claudia Popescu (Special Counsel), Cosmin Vasilescu (Senior Associate), Teodora Nicoschi (Associate), Dana Sarbu (Associate), Denisa Constantin (Associate), and Alexandra Sofineti (Associate) handling due diligence, and Catalin Graure (Counsel), Cristina Costin (Junior Associate) and Andreea Vladareanu (Junior Associate) advising on FDI/antitrust aspects.
Other members from Kinstellar jurisdictions included Olena Kuchynska (Managing Partner), Ihor Kitela (Of Counsel), Oleksandra Putiienko (Associate), and Diana Malysh (Associate) in Ukraine, as well as Diana Dimova (Managing Partner) and Nikolay Gergov (Senior Associate) in Bulgaria.
Congratulations to the client and to all parties involved! We are delighted to have supported EMMA Capital Group on this strategic acquisition, which significantly enhances its presence in the medical equipment distribution sector across multiple jurisdictions. Our team worked closely with EMMA Capital to navigate the complexities of this cross-border deal, ensuring a smooth transaction process while addressing key regulatory and commercial considerations.
Zsuzsa Csiki, Partner and Co-Head of Corporate M&A, Romania