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CMS advises holding company K. & B. Papertex on sale of three companies in the paper and plastic finishing segment

28/01/2021

Frankfurt/Main – K. & B. Papertex Beteiligungsgesellschaft mbH, based in Karlstein am Main, has sold its three subsidiaries MDV Papier- und Kunststoffveredelung GmbH (Karlstein), Reisewitz Beschichtungsgesellschaft mbH (Penig) and Tech Folien Ltd. (Liverpool) to the Arjobex Group of France. MDV Papier- und Kunststoffveredelung GmbH and Reisewitz Beschichtungsgesellschaft mbH specialise in the coating and finishing of surfaces, technical films, and architectural films and finishes. Tech Folien Ltd. is a manufacturer of films. Arjobex is a mid-sized company whose activities overlap with those of the acquired firms, including in segments such as coating and equipment. Details of the transaction were not disclosed.

A CMS team headed by lead partner Dr Hendrik Hirsch advised on all legal aspects of the deal.

CMS Germany

Dr Hendrik Hirsch, Lead Partner
Dr Sabina Krispenz, Principal Counsel
Dr Christoph Vaske, Senior Associate
Maxine Notstain, Associate, all Corporate/M&A
Dr Thomas Link, Partner
Alla Stürmer, Senior Associate, both Tax
Dr Tobias Polloczek, Partner
Dr Boris Alles, Counsel
Maren Hoffmann, Associate
Andreas Reisner, Associate, all Labor, Employment & Pensions

CMS UK

Philip Walton, Senior Associate, Corporate/M&A

Press Contact
presse@cms-hs.com

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