Stuttgart – HUBER Packaging Group GmbH, headquartered in Öhringen, has acquired four production facilities for chemical-technical tinplate activities from US-based CROWN. The plants are located in Switzerland (Aesch), Finland (Helsinki), the UK (Liverpool) and France (Rouen).
An international CMS team headed by CMS Hasche Sigle lead partner Dr Maximilian Grub advised the HUBER Packaging Group on the legal aspects of the cross-border transaction. Implementation was partly as a share deal and partly as an asset deal. The business purchase agreement is subject to German law. The purchase price was financed through an acquisition loan provided by Deutsche Bank S.A. Luxembourg as syndicate lead. CMS also advised the HUBER Group in connection with the financing.
Following the acquisition, the number of employees at the HUBER Group will increase by around 450 to 1,150. Provisional combined sales for 2014 are estimated at around EUR 230 million.
CMS Hasche Sigle, Germany
Dr Maximilian Grub, Lead Partner, Corporate / M&A
Dr Peter Ruby, Acquisition Finance
Dr Klaus Ikas, IP
Dr Gerald Gräfe, Commercial
Dr Sabina Krispenz, Corporate / M&A
Dr Matthias Wenzel, Corporate / M&A
Dr Nicolai Ticic, IP
Dr Andreas Grunert, Acquisition Finance
CMS von Erlach Poncet, Switzerland
Dr Stefan Brunnschweiler
Niccolò Grete
Franziska Hammer
CMS Bureau Francis Lefebvre, France
Jacques Isnard
Thomas Hains
Caroline Froger-Michon
Peyre Guillemette
Céline Cloché-Dubois
CMS Cameron McKenna LLP, United Kingdom
Bill Carr
Colin Jesson
CMS Derks Star Busmann N.V., The Netherlands
Eduard Scheenstra
Eline Brenders
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