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Ellex Valiunas and Sorainen Advise on AMC Capital IV Investment in Plasta Group

Ellex Valiunas and Sorainen Advise on AMC Capital IV Investment in Plasta Group

Lithuania
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Ellex Valiunas has represented AMC Capital IV, advised by Accession Capital Partners (formerly Mezzanine Management), on the acquisition of a minority stake in the Plasta Group. Sorainen advised Plasta Group shareholders Hillary Denmark ApS, It is Future, and Vytas Poderis.

Sorainen describes the Plasta Group as "one of the largest polyethylene waste recycling and plastic production groups in Europe, consisting of the Lithuanian company Plasta, the Swedish company Rullpack and companies in Germany and Great Britain." According to the firm, AMC Capital IV "has indirectly become a significant minority shareholder of Plasta Group and is prepared to invest at least EUR 20–30 million in new acquisitions in the coming years. It also plans to invest in increasing the capacity of the Plasta Group plants in Lithuania and Sweden.

Ellex's team consisted of Partner Robertas Ciocys, Associate lawyer Mantas Juska, and lawyer Jomile Zabole.

Sorainen's team consisted of Partner Sergej Butov, Counsel Evaldas Dudonis, Senior Associate Simona Stanciukaite, and Legal Assistant Barbora Bernatonyte.

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