We are very pleased to have been supporting ALPLA in its expansion and quest to further emphasise the circular economy in its business operations. Our firm’s sector expertise, combined with CMS’s broad geographical footprint, allows us to seamlessly render high quality advice to clients.
Alexander Rakosi
ALPLA, a plastic packaging solutions provider, closed a series of headline deals in 2019 as part of its efforts to expand its plastic recycling and recycled products operations.
Alexander Rakosi, a Corporate / M&A partner in Vienna, led the firm’s advice to ALPLA on all these transactions:
- In April 2019, ALPLA announced a joint venture with paper packaging materials and solutions provider BillerudKorsnäs to develop a fully bio-based and recyclable paper bottle.
- ALPLA followed this in September with another joint venture with Thailand’s PTT Global Chemical Public Company for the production and sale of mechanically recycled plastics from used packaging materials.
- In yet another step in its ambitious expansion programme, ALPLA signed and closed the acquisition of two Spanish recycling companies in October. Suminco and Replacal were part of a Spanish family-owned business that has operated in the high-density polyethylene (HDPE) recyclates sector for over 35 years.
These deals are key to sustainability and recycling efforts in the plastics industry. ALPLA has pledged to reduce its carbon footprint by 10% by 2022.
“We are very pleased to have been supporting ALPLA in its expansion and quest to further emphasise the circular economy in its business operations,” said Alexander Rakosi. “Our firm’s sector expertise, combined with CMS’s broad geographical footprint, allows us to seamlessly render high quality advice to clients.”
CMS teams in China, Turkiye, Ukraine and Spain also provided support for these deals.
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