CMS has advised Teda-MM and LDS Plast on the sale of a majority stake to CEECAT Capital.
Teda-MM and LDS Plast are manufacturers of thermoformed rigid food packaging in the Balkan region.
CEECAT Capital is a private equity investor in Central and Eastern Europe, Central Asia, and Turkey.
CMS’s team was led by Vienna-based Partner Alexander Rakosi and Associate Florian Mayer and Bulgaria-based Co-Managing Partner Gentscho Pavlov, Partner Dimitar Zwiatov, and Senior Associate Ivan Gergov. CMS teams in Luxembourg and the Netherlands also provided support.
CMS did not reply to our inquiry on the matter.
Editor's note: After this article was published, CEE Legal Matters learned that Jordanov, Valkov & Partners advised CEECAT Capital. The firm's team included Managing Partner Jordan Jordanov and Partners Deyan Savov and Hristo Mihaylov.