Dentons has advised Cathay Investments 2 Limited (Cathay) on its acquisition of The Original Poster Company Limited (OPC), the world's leading distributor of greeting cards, and global logistics and supply chain solutions specialists PNC Global logistics Limited (PNC).   Dentons advised on the corporate acquisitions and the acquisition finance elements as well as on various other aspects of the deals, including on employment, real estate, regulatory and commercial matters.

Cathay is a forward looking investment company which invests its time and resources into developing companies, assisting them in achieving their full potential.  Cathay group companies include Euroresins, a Europe wide distributor of resin, glass fiber and other products for the composites industry; Lantor, a Dutch manufacturer of composite materials and cable products; Amethyst Group, a UK 3rd party logistics and warehousing provider; and Perkins Group Services, a distributor of toys and stationery.

Ben Chaing, Chairman of Cathay said " Both deals are evidence of Cathay’s commitment to the distribution sector.  Dentons were invaluable in closing both acquisitions and provided a seamless service in managing both the financing and transactional sides of the deals." Zarko Iankov, partner in Dentons' Corporate team, added "We are delighted to have assisted Cathay in achieving successful completions of these two acquisitions in the distribution space in the UK."

The Dentons team was led by Corporate partner Zarko Iankov, supported by Corporate senior associate Francesca Bettermann, senior associate Faye Garvey, associate Kim Opszala, Technology, Media and Telecoms senior associate Robyn Chatwood and Real Estate associate Aimee Oakley.

Banking and Finance partner Lee Federman led on the related senior debt financing which was provided by HSBC Bank plc supported by Banking and Finance associate Joe Byron Evans.