Ellex has advised Accession Capital Partners and Hillary Denmark on the sale of their Plasta Group shares to Cedo.
Plasta Group, headquartered in Lithuania with facilities also in Sweden and a trading company in Germany, focuses on producing plastic products from recycled materials.
Cedo is a UK-based household goods manufacturer.
In 2019, Ellex advised on AMC Capital IV's investment in Plasta Group (as reported by CEE Legal Matters on April 19, 2021).
The Ellex team included Partners Robertas Ciocys and Lauras Butkevicius, Senior Associates Augustinas Macionis and Andrej Jemeljanov, Associate Mykolas Tamulionis, and Junior Associate Egle Petrosiute.
Ellex did not respond to our inquiry on the matter.