The multi-tranche funding will be used for current activity and the repurchase of a minority stake from investment fund AMC Capital, allowing PetStar to shift to an accelerated sustainable development stage.
PCF Investment Banking acted as an exclusive arranger of PetStar group in the structuring, negotiation and implementation of the deal. Nestor Nestor Diculescu Kingston Peterson (NNDKP) acted as a legal consultant for the company, while Wolf Theiss provided legal assistance to UniCredit Bank.
In 2024, PetStar group took over and recycled from RetuRO around 30% of the PET packaging quantity collected and sent for recycling to the Guarantee-Return System.
(English version by Catalina Apostoiu)