Filip & Company law firm has provided legal assistance to Banca Comercială Română S.A. and BRD – Groupe Société Générale S.A. as Mandated Co‑Arrangers in the initial public offering of Cris‑Tim Family Holding S.A. that took place over the period 17 – 29 October 2025.
The initial public offering was successfully finalised at an issue price of 16.5 lei/share, leading to an expected market capitalization of 1.33 billion lei (about EUR 262 million) and a free-float of 34.48%. Following the IPO, Cris-Tim Family Holding attracted RON 454.35 million from retail and institutional investors.
Filip & Company assisted the banks in relation to all legal aspects of the structuring, conduct and completion of the IPO.
“We are delighted to be part of a landmark project for the Romanian capital market, which marks the listing of the first local food industry company on the Bucharest Stock Exchange. Cris-Tim Family Holding’s IPO was a success, with a remarkable demand from investors, which confirms the market’s growing appetite for robust entrepreneurial companies. We congratulate the BCR, BRD and Cris-Tim teams for their excellent collaboration and for their contribution to this important step in the development of the Romanian capital market. We thank our clients for their trust and excellent collaboration”, said Olga Niță, partner at Filip & Company.
The Filip & Company team that assisted the banks on this transaction was coordinated by Olga Niță (partner) and Alexandru Bîrsan (managing partner) and included Roxana Diaconu (senior associate), Bianca Gheorghe (associate) and Anisia Coroamă (associate).
