Moravcevic, Vojnovic and Partners in cooperation with Schoenherr has advised Integral Venture Partners on its acquisition of a 50% stake in EsoTron. Karanovic & Partners advised the founders of EsoTron on the sale.
Integral Venture Partners, founded in 2013, manages institutional private equity and growth capital and is focused on investments in Central and Southeastern Europe.
EsoTron is a circular economy company in the Adriatic region. It specializes in the collection and recycling of organic waste and used cooking oil from various industries, retail networks, and restaurant chains.
According to Karanovic & Partners, “Integral’s investment marks a strategic step forward, with plans to utilize EsoTron to expand bio-waste management operations across the Adriatic region, particularly in Slovenia, Serbia, Croatia, and Bosnia & Herzegovina. The partnership aims to enhance EsoTron’s operations, processes, and corporate infrastructure and promote general ESG standards and values across the wider region where the EsoTron Group operates.”
The Schoenherr team included Partners Luka Lopicic, Vojimir Kurtic, Igor Zivkovski, and Zoran Soljaga and Associates Luka Milosevic, Zeljko Loci, and Stefan Dobras.
The Karanovic & Partners team included Senior Partner Milos Jakovljevic, Partner Bojan Vuckovic, Senior Associates Jelena Zelenbaba and Milorad Gajic, and Junior Associates Teodora Vasin and Kristijan Nikolic.
