A multidisciplinary team made up of Reff & Asociatii | Deloitte Legal lawyers and financial and tax consultants part of Deloitte Romania assisted UE Furniture, a global leader in the production of chairs, armchairs and sofas, in acquiring family business Rus Savitar founded by Rusu family, a key player in the local furniture industry.
Casa Rusu, the operator of the furniture stores by the same name has gone insolvent at the request of Rus Savitar, the company part of the same group that operates the furniture plant. The decision comes one year after the Rusus bought back Casa Rusu-Rus Savitar from investment firm Greenbridge, to which they had sold it in 2019.