Allen & Overy has advised Rexam Plc, one of the leading groups in the packaging of consumer products (annual turnover of GBP 4.9 billion) on the sale of its "personal care" division to Albea, a subsidiary of Sun European Partners.

The "personal care" division produces plastic packaging for cosmetics and personal hygiene. It is one of the market leading manufactureres of pumps for perfumes and lotions as well as the packaging for perfume and cosmetic creams. It employs 6,500 people at 11 production sites in Europe (5 in France), the Americas and Asia.

The Allen & Overy team was led by Frédéric Moreau (Associate, Mergers & Acquisitions), Mark Wippel (Partner) and Alexandre Ancel (Associate, Mergers & Acquisitions), assisted by Caroline Ledoux (Counsel) and Sandra Clapaud (collaborator) . Florence Ninane (Partner, competition) and Diane Beranger (assistant) were working on aspects of the operation related to competition law. Sabine Smith-Vidal (Partner, labor law) and Norbert Thomas (associate) spoke on the issues of labor law, Xavier Jancène (Counsel, real estate) and Antoine Chatry (collaborator) on issues of real estate law, Alexander Rudoni (Counsel ) and Alexis Valot (associate) on intellectual property issues, and Mathieu Vignon (Partner) on tax issues.

Law firm Huglo Lepage (Alexandre Moustardier) advised Rexam on environmental law issues. Albea was advised by Kirkland & Ellis LLP and Darrois Villey Maillot Brochier.