PeliFilip has assisted the majority shareholder of the Romanian companies EcoPack and Ecopaper with the sale of their shares to the British group DS Smith. Allen & Overy London and Bucharest advised DS Smith on the deal.
The transaction was completed on March 6, 2018 and has a value of EUR 208 million.
The two Romanian companies are one of the largest packaging and paper groups in Romania. DS Smith is a supplier of corrugated cardboard packaging and plastics and operates in 37 countries.
The PeliFilip team was coordinated by Partner Cristina Filip and included Senior Associates Eliza Baias, Monica Statescu, Olga Nita, and Ioana Waszkiewicz.
The Allen & Overy London team was led by Partner Richard Browne and Senior Associate Alex Tilley. The Bucharest team was coordinated by Managing Partner Costin Taracila and Counsel Roxana Ionescu and included Partner Alexandru Retevoescu, Managing Associate Bianca Eremia,Associates Vlad Stamatescu, Mona Banu, Evelin Grigore, Petru Ursache, and Andrei Lupu, and Junior Associate Bogdan Nae.