Every transaction begins with a structural choice that shapes everything downstream: a share deal or an asset deal. The two carry materially different tax treatment, different exposure to the target's historic liabilities, and different employment-law consequences under the Greek transfer-of-undertakings rules. Getting this choice wrong at the term sheet stage is expensive to unwind later — it needs to be made deliberately, with the client's actual risk appetite in view, not defaulted to whichever structure the other side proposes first. An M&A lawyer in Greece uses diligence findings as leverage, converting risk into price or into an indemnity.
Deal size and sector also determine whether the Hellenic Competition Commission needs to be notified before closing, and whether the transaction touches a sector subject to foreign investment or national security screening. Missing a mandatory HCC filing does not just create regulatory risk — it can render the transaction void. We build merger control analysis into deal timetables from day one, not as an afterthought once signing is imminent.
"The deals that go wrong in Greece rarely go wrong at signing. They go wrong six months later, when a due diligence gap that everyone assumed was immaterial turns out not to be." Where clearance is required, an M&A lawyer in Greece will map the filing obligations early, since timing drives the whole deal calendar.
Legal due diligence on Greek targets — particularly SMEs and family-owned businesses — routinely surfaces informal governance practices, incomplete corporate minute books, and unresolved real estate title issues that only become apparent once counsel actually pulls the land registry and cadastral records. We run diligence the way an in-house buyer would want it run: focused on what actually affects valuation and closing risk, not a document-count exercise for the file. Bring us the target and we will tell you what diligence should cover.
Structuring decision
Share deal vs asset deal
Tax treatment, liability inheritance and employee transfer consequences differ sharply between the two structures. We advise on the choice before we advise on the documents.
Regulatory clearance
HCC merger control
Turnover-based notification thresholds under Greek and EU merger control rules are assessed at the outset, so clearance timing is built into the deal schedule, not discovered late.
What diligence actually finds
Due diligence realities in Greece
Informal shareholder arrangements, gaps in corporate records, and unresolved title on real estate assets are common in Greek SME targets — and worth pricing into the deal, not discovering post-closing.
Cross-border capability
Cross-border deals
Dual qualification in Greece and England & Wales means transactions with foreign parents, English-law SPAs or multi-jurisdiction counterparties are handled directly, without a second firm.