07
Mon, Jul
97 New Articles

NNDKP and Wolf Theiss Advise on PetStar's Reacquisition of Sole Control and EUR 50 Million Financing Round

Romania
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Nestor Nestor Diculescu Kingston Petersen has advised PetStar Group on the reacquisition of sole control over its core packaging manufacturing subsidiaries and a EUR 50 million financing round. Wolf Thiess advised UniCredit as the lender.

PetStar Group is a PET preform producer in Romania and the Balkans.

According to NNDKP, Mirela Dragoi and Ion Dragoi acquired AMC Capital IV Preform’s 33.07% stake in Pet Star Holding, regaining full control of Pet Star Holding and Pet Star Recycling. This move marks AMC’s exit and signals a new chapter of development for PetStar. Moreover, Pet Star Holding and Pet Star Recycling secured EUR 50 million in new financing to support the group’s continued growth under its “Bottle-to-Bottle” circular model.

The NNDKP team included Partners Alina Radu, Valentin Voinescu, Corina Dumitru, and Anca Diaconu, Senior Associates Alexandru Ciambur and Oana Popescu-Mitricoaia, and Associates Anda Dragoi and Bogdan Ciacli.

The Wolf Theiss team included Partners Claudia Chiper and Roxana Roman, Counsel Dana Toma, Senior Associate Iuliana Stoicescu, and Associate Ana Florea.

SubBanner - Article

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

Firm's website.

Our Latest Issue