We advise, as local counsel, Villeroy & Boch on acquisition of Bulgaria’s Ideal Standard

20 September 2023

Eversheds Sutherland Bulgarian member Tsvetkova Bebov & Partners, working as co-counsel to Freshfields Bruckhaus Deringer, has advised Villeroy & Boch on the acquisition of Bulgarian Ideal Standard- Vidima AD, part of the Ideal Standard Group. Ideal Standard is a multinational supplier of bathroom products. The company employs more than 7,000 people in 11 production sites in Europe and the Middle East.

According to media coverage, this transaction is the largest one in Villeroy & Boch’s 275-year-old history, with a purchase price based on a company valuation of around EUR 600 million.

The Tsvetkova Bebov & Partners team included Managing Partner Irina Tsvetkova, Partner Victoria Tzonkova, Counsel Petar Takov, Managing Associate Philip Kiossev, Senior Associate Victoria Marincheva, and Associate Margarita Zhivkova.