PNSA advised Verdino Green Foods and Raul Ciurtin on the fund raising following which private equity firm BlackPeak Capital acquired a minority stake in Verdino.
Founded in 2019 by entrepreneurs Raul Ciurtin and Eberhart Raducanu, Verdino Green Foods is an industry leader in meat alternative products using pea protein in CEE. In the two years since its launch, Verdino has developed over 60 food products that it has listed in over 2,000 grocery stores in Romania, Switzerland, the Netherlands, Spain, North Macedonia, Serbia and the United Kingdom. At the same time, the company has opened offices in Germany and the United Kingdom, and has signed distribution agreements with 12 other countries.
PNSA team was led by Silviu Stoica (Partner), along with Managing Associates Ela Marin and Vlad Ambrozie.
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Other M&A transactions recently advised by PNSA:
- Augsburg International on the sale of a majority stake to SAG.
- Orange on the acquisition of a majority stake in Telekom Romania Communications.
- Duraziv Group on the sale to Saint-Gobain.
- ContentSpeed on the sale of a majority stake to Asseco.
- Via-Trend on the sale to Oresa.
- BRD Groupe Société Générale on its investment in CIT One.
- Burda Group on the sale of its business in Romania.
- Auchan on the takeover of the entire chain of OMV Petrom petrol filling stations in view of converting them into MyAuchan proximity stores and their further non-petrol retail operation.
- Dr. Leahu Dental Clinics Network on the acquisition of CORIDENT PRO Clinic from Sibiu.
- BICO Industries on the sale of a 30% stake to ROCA Investments.