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News from Members Filip & Company assists the main shareholders of Promateris in selling 24% of their shares to Pavăl Holding

Filip & Company assists the main shareholders of Promateris in selling 24% of their shares to Pavăl Holding

by Filip & Company October 4, 2022

Filip & Company law firm assists businessman Florin Pogonaru and Tudor Georgescu, CEO of Promateris, the Romanian manufacturer of biodegradable and compostable packaging, in the sale of 24% of their shares to Pavăl Holding.

Promateris is one of our local champions when it comes to circular economy, they are fighting climate change and they are a purely Romanian story of a group of very fine and warm-hearted people. Dedemans entry into the shareholding is a natural sequel to a story of exceptional growth and I am convinced it will be one of their best investments. We are glad to have been able to help and thank the customers for their trust and good collaboration - as always, it has been a great experience”, said Alexandru Bîrsan, partner at Filip & Company

The Filip & Company team coordinated by Alexandru Bîrsan included Olga Niță (partner), Anca Bădescu (associate) and Rareș Crâșmaru (associate).

The lawyers at Filip & Company have had important roles in many of the key M&A transactions in Romania. Whether they were privatisations, private equity, venture capital or growth capital transactions or other complex M&A, in very many cases at least one of the parties was legally assisted by Filip & Company. Furthermore, the lawyers at Filip & Company are ranked first in the most prestigious international legal directories – Chambers and Partners and Legal 500 - with their M&A practice, both as a team as well as individually.

Filip & Company

Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have a wide experience in several domains, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance and capital markets but also labour law, data protection, consumer or environment protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses. Please visit www.filipandcompany.com. to find out more about Filip & Company’s expertise and team.

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