Gugushev & Partners Law Office advised the leading local delivery company on the sale of their business operations in Bulgaria. In the course of this endeavor, the legal team of Gugushev & Partners Law Office team provided the full spectrum of legal services throughout all stages of the transaction for Bulgaria, including legal due diligence, corporate and tax structuring of the transaction, preparation and negotiation of transaction documentation – term sheet, share purchase agreement, escrow agreements, etc.,

The transaction was part of the wider scope closing of the EUR 170 million acquisition of Delivery Hero’s operations in six jurisdictions in the Balkans (Bulgaria, Serbia, Montenegro, Bosna & Herzegovina, Croatia and Romania) by Spanish company GlovoApp23 S.E.