EK-Pack Folien Sells to Vacopack
Deal News | Dec 20, 2024 | Legal Community Swiss
Niederer Kraft Frey (NKF), a prominent law firm, advised EK-Pack Folien, a subsidiary of the Oliver Healthcare Group, in its strategic sale to Vacopack. EK-Pack Folien, known for its shrink bag production, is being acquired by RB Verpackungen. The transaction was co-led by NKF partner Philip Spoerl and senior associate Katalin Siklosi, with significant contributions from specialists in employment, tax, antitrust, real estate, and transaction law. This acquisition demonstrates a significant consolidation within the packaging sector, expanding Vacopack's market footprint and possibly impacting market dynamics.
Sectors
- Legal Services
- Packaging Industry
- Healthcare Equipment & Supplies
Geography
- Switzerland – Niederer Kraft Frey, the advising law firm, is based in Switzerland, making it a central geographic location for the legal aspects of the deal.
- Germany – EK-Pack Folien is a German company, indicating the country’s relevance to this transaction.
Industry
- Legal Services – The article involves a law firm, Niederer Kraft Frey, advising on a corporate transaction, highlighting the role of legal services in M&A.
- Packaging Industry – EK-Pack Folien and Vacopack are involved in the packaging sector, with the transaction likely impacting industry dynamics.
- Healthcare Equipment & Supplies – EK-Pack Folien is a member of the Oliver Healthcare Group, indicating their involvement in the healthcare equipment space.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EK-Pack Folien | Target Company | Company | EK-Pack Folien is a producer of shrink bags and a member of the Oliver Healthcare Group, now being acquired by Vacopack. |
| Oliver Healthcare Group | Parent Company | Company | The parent company of EK-Pack Folien, involved in the healthcare equipment and supplies sector. |
| Vacopack | Bidding Company | Company | Vacopack is acquiring EK-Pack Folien, expanding its stake in the packaging industry. |
| RB Verpackungen | Purchasing Entity | Company | The actual acquirer of EK-Pack Folien through its interaction with Vacopack. |
| Niederer Kraft Frey | Legal Advisor | Company | Law firm advising EK-Pack Folien in the transaction with Vacopack. |
| Philip Spoerl | Co-Lead Transaction Advisor | Person | Partner at Niederer Kraft Frey who co-led the advisory team. |
| Katalin Siklosi | Co-Lead Transaction Advisor | Person | Senior associate at Niederer Kraft Frey who co-led the advisory team. |