03 Nov 2025

"Clifford Chance Badea Advises Cris-Tim Family Holding on Historic RON 454.35 Million IPO"

"Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, successfully advised Cris-Tim Family Holding on its historic IPO worth RON 454.35 million, valuing the company at RON 1.33 billion (EUR 262 million). The legal team played a key role in structuring the offering, drafting the prospectus, and ensuring corporate governance compliance. This milestone marks a significant achievement for Cris-Tim and highlights Romania's potential in the regional capital markets."

Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, advised Cris-Tim Family Holding (CFH) in connection with its historic initial public offering (IPO) on the Bucharest Stock Exchange. The transaction involved an IPO worth RON 454.35 million, valuing Cris-Tim Family Holding at RON 1.33 billion (EUR 262 million). Clifford Chance Badea provided comprehensive legal support throughout the project, including structuring the offering, drafting the prospectus, negotiating contractual documentation to international standards, and advising on corporate governance matters. The Clifford Chance Badea team was led by Mădălina Rachieru-Postolache, Partner and Head of the legal team, who specializes in capital markets. Daniel Badea, Managing Partner of the Bucharest office, also contributed to the project, providing strategic insights and leadership.
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