A team led by Dr. Peter Christian Schmidt, Partner at the Hamburg office, advised RPC Group Plc on the acquisition of NORDFOLIEN GmbH. The purchase price is based on an enterprise value of EUR 75 million.
The transaction is subject to approval by the relevant antitrust authorities in Germany and Poland. The NORDFOLIEN management team will continue to manage the business from its current sites.
UK-based RPC Group Plc, listed on the London Stock Exchange is a leading manufacturer of plastic products and employs 25,000 members of staff worldwide. With the acquisition, RPC Group aims to drive growth for flexible products while improving innovation in an attractive market segment.
NORDFOLIEN GmbH, headquartered in Steinfeld in Lower Saxony, specializes in high-quality industrial and consumer packaging and operates one site each in Germany and Poland
Counsel to RPC Group Plc
Heuking Kühn Lüer Wojtek:
Dr. Peter Christian Schmidt,
Dr. Julius Wedemeyer,
Nathalie Hemmerling (all M&A/Corporate),
Dr. Frederik Wiemer (Antitrust),
Falko Keller (Tax),
Dr. Eva Kettner, LL.B. (Employment),
Dr. Sönke Görgens,
Dr. Christina Etzel (Property Law), all Hamburg