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M&A: Seller's Counsel

DLA Piper advises Synergo during the sale of the Cartonplast Group to Stirling Square Capital Partners

02 Jan 2013

DLA Piper has been advising the Italian private equity investor Synergo SGR during the sale of the Cartonplast Group to the British private equity company Stirling Square Capital Partners. The transaction took place as part of a structured bidding process.

Cartonplast, headquartered in Dietzenbach (Hesse, Germany), has some 400 employees and is the European market leader in the field of rental, marketing and service for polypropylene layer-pads, which are used as intermediate layers in the transport of glass containers and cans in the food and beverages industry.