Ilej & Partners, in cooperation with Karanovic & Partners, has advised TeraPlast Group on its acquisition of 70% of Optiplast from Danijel Drcic. Gospic Plazina Stojs reportedly advised the seller.
TeraPlast Group is a Romanian manufacturer specializing in construction materials and plastic products.
Optiplast is Croatia’s third-largest flexible packaging manufacturer, specializing in flexible packaging products including waste bags and shopping bags, with 35 years of market experience.
According to Ilej & Partners, "with this acquisition, TeraPlast expands its production footprint across Europe, now reaching markets in Italy, Greece, and Austria more efficiently and positioning itself to serve Western Balkan markets."
The Ilej & Partners team included Senior Partner Goran Ilej, Senior Associate Nika Jurkovic, and Associate Tea Vuletin.
The Gospic Plazina Stojs team included Partner Lana Stojs.
