PetStar Reacquires Sole Control and Secures EUR 50 Million Funding
Deal News | Jul 07, 2025 | CEE Legal Matters
Romanian PET preform producer PetStar Group has achieved a significant transition through the reacquisition of sole control over its core subsidiaries and securing a substantial EUR 50 million financing round. The company’s founders, Mirela Dragoi and Ion Dragoi, regained full ownership by acquiring AMC Capital IV Preforms' 33.07% stake in Pet Star Holding, thus marking AMC's exit. This strategic move is expected to fuel PetStar's continued growth under its circular Bottle-to-Bottle model. Nestor Nestor Diculescu Kingston Petersen (NNDKP) and Wolf Theiss advised on the reacquisition and financing, with UniCredit as the lender. The teams from both firms were led by experienced partners and associates who played crucial roles in facilitating this deal.
Sectors
- Packaging Manufacturing
- Financial Services
- Legal Advisory
Geography
- Romania – PetStar Group is based in Romania, which is central to the article's occurrence.
- Balkans – PetStar Group operates in the Balkans, indicating regional relevance.
Industry
- Packaging Manufacturing – PetStar Group operates in the packaging manufacturing industry, producing PET preforms.
- Financial Services – Involves financing aspects and advisory roles from entities like UniCredit and Wolf Theiss.
- Legal Advisory – Legal firms NNDKP and Wolf Theiss play crucial roles in the acquisition and financing processes.
Financials
- EUR 50 Million – Financing round secured for PetStar's development.
- 33.07% – Stake acquired from AMC Capital IV Preforms in PetStar Holding.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PetStar Group | Target Company | Company | PET preform producer in Romania and the Balkans. |
| AMC Capital IV Preforms | Selling Company | Company | Previous stakeholder in PetStar Holding. |
| UniCredit | Lender | Company | Financial institution providing EUR 50 million in financing. |
| Mirela Dragoi | Individual Buyer | Person | Acquired AMC's stake to regain control of PetStar. |
| Ion Dragoi | Individual Buyer | Person | Acquired AMC's stake to regain control of PetStar. |
| Nestor Nestor Diculescu Kingston Petersen (NNDKP) | Legal Advisor | Company | Provided legal advice to PetStar Group for the transaction. |
| Wolf Theiss | Legal Advisor | Company | Advised UniCredit on the financing deal. |