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RTPR and TGS Baltic Advise on GreenGroup’s Acquisition of Ecso

RTPR and TGS Baltic Advise on GreenGroup’s Acquisition of Ecso

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Radu Taracila Padurari Retevoescu and TGS Baltic have advised GreenGroup on its acquisition of Lithuanian recycling company Ecso.

Private equity fund Abris Capital Partners portfolio company GreenGroup specializes in recyclable waste management, recycling, and waste recovery. Ecso is a Lithuanian low-density polyethylene recycling company.

"This latest acquisition consolidates GreenGroup’s recycling activities over the past 20 years and is a decisive step in the group’s strategy to become a key player in polyolefins recycling in the region," Abris Romania Partner Adrian Stanculescu commented. "Furthermore, it is a strategic investment that reinforces the group’s commitment to sustainability and to tackling the most pressing environmental issues, such as plastic pollution and reducing carbon footprints."

The RTPR team included Managing Partner Costin Taracila, Managing Associate Marina Fecheta-Giurgica, Senior Associates Vlad Druta and Ana Maria Barbu, and Junior Associates Miruna Tocileanu and Filip Marinau.

The TGS Baltic team included Partner Dalia Tamasauskaite-Ziliene, Senior Associate Simas Paukstys, and Associate Paulius Dabulskis.

Editor's Note: After this article was published, Motieka & Audzevicius announced that it had advised Ecso's founder and minority shareholder on their exit. The firm's team included Partners Rokas Jankus and Giedrius Kolesnikovas and Senior Associate Aivaras Grigas.

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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). 

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