29.09.20
BMH BRÄUTIGAM advises Coveris on the acquisition of paper bag producer HLB|SFV
BMH BRÄUTIGAM has advised Coveris on the acquisition of paper bag producer HLB|SFV.
HLB|SFV with seat in Bruchsal (Germany) manufactures paper bags and paper-based flexibles on reels. Coveris acquires Hettmannsperger & Löchner GmbH & Co. KG and Schäfer GmbH & Co. KG from its previous family owners. The parties agreed not to disclose financial details of the transaction.
The Coveris group headquartered in Vienna (Austria) is a portfolio company of the US based Private Equity investor Sun Capital and is a leading European packaging company that manufactures flexible packaging solutions.
BMH BRÄUTIGAM acted as counsel for the Coveris group regarding all legal aspects of the transaction.
Background: The contact to the top management of Coveris has existed for many years from their time as manager of the former capiton portfolio company Schur Flexibles. The BMH BRÄUTIGAM team has been advising Coveris since last year and is pleased to have accompanied the company in this successful transaction.
Team BMH BRÄUTIGAM: Dr. Andrea Reichert-Clauß, Till Wansleben, Dr. Sylko Winkler (alle Corporate/M&A)