News

PlantExtrakt to be taken over by German giant Europlant

September 30, 2019

Popovici Nițu Stoica & Asociații 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.

PlantExtrakt 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.