Mon, Apr
44 New Articles

Wolf Theiss Advises INVL Baltic Sea Growth Fund and Eco Baltia on mBank Financing for Metal-Plast Purchase

Wolf Theiss Advises INVL Baltic Sea Growth Fund and Eco Baltia on mBank Financing for Metal-Plast Purchase

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Wolf Theiss has advised the INVL Baltic Sea Growth Fund and Eco Baltia on the financing from mBank for the acquisition of a 70% stake in the Polish PVC window recycler Metal-Plast.

The INVL Baltic Sea Growth Fund is a private equity fund in the Baltics. Its portfolio company Eco Baltia is, according to Wolf Theiss, the largest waste management and recycling group in the Baltics.

According to the firm, the deal involved multi-million term and revolving facilities made available by mBank.

“Metal-Plast represents the eighth portfolio investment of the INVL Baltic Sea Growth Fund. The circular economy remains one of our core investment pillars and we are delighted to again partner with one of the most successful portfolio companies to date in Eco Baltia [...] to further drive Metal-Plast’s exciting growth journey,” INVL Baltic Sea Growth Fund Partner Vytautas Plunksnis commented.

The actual purchase by the INVL Baltic Sea Growth Fund and Eco Baltia of a 70% stake in Metal-Plast was announced a few months earlier (as reported by CEE Legal Matters on September 13, 2023).

The Wolf Theiss team was led by Counsel Adrian Krzyzanowski and included Partner Przemek Kozdoj and Associate Maria Markowska.

Wolf Theiss did not respond to our inquiry on the matter.

Editor's Note: After this article was published, CMS announced it had advised mBank on the loan facility. The firm's team included Partner Kuba Wieczorek, Senior Associate Roksana Pietrzak, and Lawyer Marta Swiderska.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.