Filip & Company has provided legal assistance to Continental and its ContiTech division in connection with the sale of the Original Equipment Solutions (OESL) business unit to Regent, a U.S.-based private industrial holding company managing businesses across the automotive, technology, consumer and media sectors worldwide.
The transaction was completed on 2 February 2026, following the receipt of the required regulatory approvals. The transaction was globally coordinated by Freshfields and involved operations in over 15 jurisdictions.
Filip & Company was responsible for all local legal aspects in Romania, advising primarily on the transactional and regulatory matters related to the carve-out (separation and transfer) of the OESL business, as well as on vendor due diligence and local transactional and regulatory aspects of the deal. The firm also assisted on competition and foreign direct investment matters.
“We are seeing more and more global groups taking a closer look at how they structure and position their businesses for the long term. Transactions like this one are rarely simple, especially when they involve the carve-out of a business operating across multiple jurisdictions. We are glad to have supported Continental on the Romanian aspects of this process and to have contributed to bringing it to a successful close. We thank our clients for their trust and excellent cooperation,” said Alexandru Bîrsan, Managing Partner at Filip & Company.
The Filip & Company team involved in the project was led by Alexandru Bîrsan (Managing Partner) and included Simona Despa Ungureanu (Senior Associate), Mihaela Ispas (Counsel), Monica Popa (Associate), and Daniel Mazilu (Associate). Competition and foreign direct investment matters were handled by Cătălin Suliman (Partner), Roxana Roșca (Senior Associate), and Sergiu Păun (Associate).
The lawyers at Filip & Company have had important roles in many of the key M&A transactions in Romania. Whether they were privatisations, private equity, venture capital or growth capital transactions or other complex M&A, in most of the cases, at least one of the parties was legally assisted by Filip & Company. Furthermore, the Filip & Company lawyers are ranked year after year in the most prestigious international directories – Chambers and Partners and Legal 500 – with their M&A practice, both as a team as well as individually.