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Motieka & Audzevicius Advises Petstart on Exit from Joint Venture with Romanian PET Waste Company

Motieka & Audzevicius Advises Petstart on Exit from Joint Venture with Romanian PET Waste Company

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Motieka & Audzevicius has advised Petstart UAB on its exit from a joint venture with a Romanian PET packaging waste company. The buyer was advised by Karanovic & Partners.

The joint venture enabled the parties to create a stream of trade of PET packaging waste collected in Lithuania in 2017. The transaction is subject to competition clearance in Serbia and North Macedonia. 

The Motieka & Audzevicius team consisted of Partner Giedrius Kolesnikovas, Associate Rokas Jankus, and Junior Associate Laurynas Ramonas. 

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