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PlantExtrakt to be taken over by German giant Europlant

September 30, 2019

Popovici Niţu Stoica & Asociaţii advised the owners of PlantExtrakt, the leading Romanian producer of medical and para-medical products, on its sale to Europlant Group, a wholly owned subsidiary of the German giant Martin Bauer.

PNSAPlantExtrakt to be taken over by German giant Europlant

PlantExtrakt, founded by entrepreneur Igor Kiril Peev, has a production factory in Cluj and over 12 ha of organic crops of medicinal plants.

M&A Partner Bogdan C. Stoica led the sell side team being supported by Senior Associate Dragoș Iamandoiu and Associates Claudia Salomia, Casiana Pînzariu and Ioana Avram.

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Other significant M&A transactions recently advised by PNSA:

  • Oresa Ventures on the sale of Somaco to LafargeHolcim;
  • Optical Network on its sale to Innova Capital;
  • Net Brinel on its takeover by SNEF;
  • Dedeman on the acquisition of The Office;
  • Voestalpine on the acquisition of the majority stake in Travertec Buzău;
  • WDP on the acquisition of Dunca Logistics Centre and CTPark Cluj I;
  • Medicover on the acquisition of Phoenix Medical Center;
  • Dedeman on the acquisition of The Bridge;
  • Medicover on the acquisition of Academica Medical Centers;
  • Oresa Ventures on the sale of Fabryo to AkzoNobel;
  • Farmexim and Help Net on their sale to Phoenix;
  • Medicover on the acquisition of Pelican Hospital.

 

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