In or­der to fur­ther ex­pand its re­cyc­ling activ­it­ies, AL­PLA, an in­ter­na­tion­ally act­ive spe­cial­ist in in­nov­at­ive plastic pack­aging solu­tions, is found­ing a joint ven­ture to­geth­er with the Ro­mani­an com­pany Eco­help SRL and the Swiss com­pany United Poly­mer Trad­ing AG. AL­PLA was again ad­vised by an in­ter­na­tion­al CMS team led by part­ner Al­ex­an­der Rakosi in Vi­enna. AL­PLA has more than 25 years of ex­per­i­ence in the field of re­cyc­ling and its own re­cyc­ling plants con­trib­ute to a func­tion­ing ma­ter­i­al cycle. The con­struc­tion of a fur­ther re­cyc­ling plant in Tar­gu Mures, Ro­mania, is an­oth­er im­port­ant step in this dir­ec­tion: 15,000 tonnes of post-con­sumer re­cycled PET will be pro­duced there an­nu­ally. This will then be used to pro­duce new pre­forms and bottles.   The three part­ner com­pan­ies are in­vest­ing equally in the plant, with a com­bined total of EUR 7.5 mil­lion. Im­port­antly, AL­PLA, Eco­help, and UPT will all con­trib­ute their own spe­cial ex­pert­ise to the joint ven­ture “PET Re­cyc­ling Team Tar­gu Mures” and cre­ate new jobs at the joint site. Sub­ject to ap­prov­al by the com­pet­i­tion au­thor­it­ies, pro­duc­tion is sched­uled to start as early as the middle of next year.   “AL­PLA pur­sues a clear and con­sist­ent course when it comes to sus­tain­ab­il­ity and cir­cu­lar eco­nomy. We are very pleased that we are able to sup­port our long-stand­ing cli­ent on this path and ap­pre­ci­ate the trust in our leg­al ad­vice and ex­pert­ise ,” says Al­ex­an­der Rakosi, Part­ner at CMS Aus­tria.   The core team com­prised lead part­ner Al­ex­an­der Rakosi and at­tor­ney Georg Gut­fleisch (Cor­por­ate/M&A) with part­ner Di­eter Zand­ler and as­so­ci­ate Vanessa Hor­aceck (both Com­pet­i­tion Law) ad­vising on com­pet­i­tion law mat­ters. In ad­di­tion, the fol­low­ing CMS law­yers were part of the cross-bor­der ad­vis­ory team in Ro­mania: Man­aging Part­ner Horea Popes­cu, Claudia Nagy, Cos­min Cretu, Mi­hai Jiganie-Serb­an and Cristina Ci­omos.

Te­da-MM and LDS Plast have es­tab­lished them­selves as lead­ing man­u­fac­tur­ers of ther­mo­formed ri­gid food pack­aging in the Balkan re­gion. CMS ad­vised the Bul­gari­an founders/own­er­ship fam­ily on selling a ma­jor­ity stake in the two com­pan­ies to CEECAT Cap­it­al. It is a Bul­gari­an suc­cess story: Foun­ded in 1992, Te­da-MM ac­quired its main com­pet­it­or LDS Plast in 2015 and turned both com­pan­ies in­to lead­ing sup­pli­ers of sus­tain­able and re­cyc­lable ther­mo­formed food pack­aging in Bul­garia, South­east Europe, and bey­ond – now with more than 900 products in their range. In or­der to drive growth and ex­pan­sion, the Bul­gari­an own­er­ship fam­ily has now sold its ma­jor­ity stake in both Te­da-MM and LDS Plast to CEECAT Cap­it­al, a lead­ing private equity in­vestor in Cent­ral and East­ern Europe, Cent­ral Asia, and Tur­key. This trans­ac­tion is the second in­vest­ment of CEECAT Fund II.   “We are very pleased that we were able to sup­port the Te­da/LDS found­ing fam­ily on this stra­tegic trans­ac­tion. Once again, we were able to demon­strate our ex­tens­ive ex­per­i­ence and ex­pert­ise in ad­vising in­ter­na­tion­al com­pan­ies on cross-bor­der private equity trans­ac­tions”, says Al­ex­an­der Rakosi, Part­ner at CMS Vi­enna.   Lead Part­ner Al­ex­an­der Rakosi and Lead As­so­ci­ate Flori­an May­er (Cor­por­ate/M&A) formed the core team to­geth­er with their Bul­gari­an col­leagues Gentscho Pavlov (Co-Man­aging Part­ner CMS Sofia, Bank­ing & Fin­ance), Di­m­it­ar Zwi­atkov (Part­ner, Cor­por­ate/M&A) and Ivan Ger­gov (Seni­or As­so­ci­ate, Cor­por­ate/M&A). In ad­di­tion, Gérard Maitre­jean (Part­ner, Cor­por­ate/M&A), Vivi­an Walry (Part­ner, Bank­ing & Fin­ance), An­dreea Ant­ones­cu (Coun­sel, Cor­por­ate/M&A), Zor­nitsa Di­mitrova (Coun­sel, Bank­ing & Fin­ance) and Cédric Dvor­atchek (As­so­ci­ate, Cor­por­ate/M&A) from the Lux­em­bourg CMS of­fice were in­volved in the trans­ac­tion, with  Pieter van Duijven­voorde (Part­ner, Cor­por­ate/M&A) from CMS Neth­er­lands provid­ing sup­port on Dutch law mat­ters.

Septem­ber 2021 We are pleased to provide you with this year’s edi­tion of the “European M&A Out­look”, pub­lished in co-op­er­a­tion with Mer­ger­mar­ket

The in­ter­na­tion­ally act­ive spe­cial­ist in re­cyc­ling and pack­aging solu­tions AL­PLA is adding to its already broad product port­fo­lio. AL­PLA was ad­vised by CMS again on its re­cent ac­quis­i­tion of Wolf Plastics Group.

As one of the world's lead­ing sup­pli­ers of plastic pack­aging, the Aus­tri­an group is in­creas­ingly fo­cus­ing on bio­de­grad­able ma­ter­i­als. AL­PLA was ad­vised by CMS on the ac­quis­i­tion of a sig­ni­fic­ant minor­ity stake in the Slov­aki­an com­pany Panara a.s. "We are very pleased that we were once again able to sup­port AL­PLA on a stra­tegic­ally im­port­ant trans­ac­tion", says Al­ex­an­der Rakosi, Part­ner at CMS Aus­tria. For AL­PLA, the in­volve­ment in Panara a.s. means a strength­en­ing of its activ­it­ies in the field of al­tern­at­ive, sus­tain­able raw ma­ter­i­als for pack­aging. Panara a.s. de­vel­ops com­pletely bio-based and bio­de­grad­able plastics, which will also be used by AL­PLA in the fu­ture fur­ther­ing the no­tion of a func­tion­ing cir­cu­lar eco­nomy. AL­PLA was com­pre­hens­ively ad­vised by the CMS teams in Vi­enna and Brat­is­lava on the trans­ac­tion. The CMS team in Vi­enna con­sisted of lead part­ner Al­ex­an­der Rakosi (Cor­por­ate/M&A), seni­or as­so­ci­ate Georg Gut­fleisch (Cor­por­ate/M&A) and part­ner Di­eter Zand­ler (Com­pet­i­tion Law). The CMS team in Brat­is­lava, which provided com­pre­hens­ive sup­port on the due di­li­gence re­view and as­sist­ance on the trans­ac­tion doc­u­ment­a­tion, in­volved Man­aging Part­ner Oliv­er Wern­er (Cor­por­ate/M&A), Part­ner Soňa Hanková (Cor­por­ate/M&A), Seni­or As­so­ci­ate Bar­bora Korenecová, As­so­ci­ate Natália Jánošková, Ju­ni­or As­so­ci­ates Terezia Rus­náková and Pavel Straka. The team also in­cluded Slov­ak pat­ent at­tor­ney Len­ka Litváková, who ad­vised on all in­tel­lec­tu­al prop­erty mat­ters.

US-based Mod­ine Man­u­fac­tur­ing Com­pany, a di­ver­si­fied glob­al lead­er in thermal man­age­ment tech­no­logy and solu­tions, is selling part of its European air-cooled auto­mot­ive busi­ness, in­clud­ing its man­u­fac­tur­ing...

Dus­sel­dorf/Vi­enna -  In or­der to drive for­ward the de­vel­op­ment of hy­dro­gen mo­bil­ity, the two auto­mot­ive sup­pli­ers El­ringK­linger and Plastic Om­ni­um will cre­ate a joint ven­ture for the de­vel­op­ment...