Atena Finalizes Sale of Prado Cartolinas
Deal News | Dec 12, 2024 | Iberian Lawyer

CMS Portugal has advised Atena Equity Partners on the sale of its portfolio company, Prado Cartolinas da Lous, to Newpal. Prado Cartolinas is a prominent player in the heavyweight cardboard industry, recognized internationally and exporting to around 50 countries. The transaction was managed by corporate M&A partner Tiago Valente de Oliveira along with partners and associates João Caldeira and Santiago Iturriaga from CMS Portugal.
Sectors
- Manufacturing
- Private Equity
- Legal Advisory
Geography
- Iberian Peninsula – Prado Cartolinas da Lous is an Iberian market leader in heavyweight cardboard, indicating the relevance of this geographical area.
- Portugal – CMS Portugal and Atena Equity Partners are based in Portugal, making it a key geographical area for the transaction.
Industry
- Manufacturing – Prado Cartolinas da Lous is involved in the production and export of heavyweight cardboard, making this a manufacturing industry transaction.
- Private Equity – Atena Equity Partners is a private equity firm, and the transaction involves the divestment of a portfolio company.
- Legal Advisory – CMS Portugal provided legal advice and support for the sale, representing the legal advisory sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CMS Portugal | Legal Advisor | Company | CMS Portugal advised Atena Equity Partners on the sale of Prado Cartolinas da Lous. |
| Atena Equity Partners | Selling Company | Company | Atena Equity Partners is a private equity firm that sold Prado Cartolinas da Lous. |
| Prado Cartolinas da Lous | Target Company | Company | Prado Cartolinas is a leader in the heavyweight cardboard industry. |
| Newpal | Bidding Company | Company | Newpal is the company that acquired Prado Cartolinas da Lous. |
| Tiago Valente de Oliveira | Lead Legal Advisor | Person | Tiago Valente de Oliveira is the corporate M&A partner leading the CMS Portugal team. |
| João Caldeira | Legal Advisor | Person | João Caldeira is a partner involved in advising on the transaction. |
| Santiago Iturriaga | Legal Advisor | Person | Santiago Iturriaga is an associate involved in the transaction. |