International law firm Pinsent Masons has completed a trio of deals worth over half a billion euro (€563m) for Northern Ireland-based Aventas Manufacturing Group.

The latest disposal of assets came in the form of the multi-million euro sale of Aventas' plastics division, Polycasa Group, to Swiss group Schweiter Technologies AG which completed on 31 March.

Polycasa is one of the largest manufacturers of high quality, transparent plastic sheeting in Europe. It has more than 500 employees and five production facilities throughout Europe, producing sheeting for a variety of uses from domestic fittings to hard-wearing applications, sophisticated retail environments, sound barriers and complex construction projects.

That deal followed the firm’s work for Aventas Manufacturing Group on the sale of Encirc to the Spanish listed company, Vidrala SA in January. With almost 1,200 employees, Encirc has two state of the art glass manufacturing plants, in Derrylin, Northern Ireland and Elton, Cheshire. The firm also advised the Aventas Manufacturing Group on the sale of Barlo Radiators to RHP Bidco last October. 

A spokesperson for Pinsent Masons says:

“This has been an important series of transactions for Aventas Manufacturing Group and we are pleased to have been involved in them. Lawyers from Pinsent Masons’ offices in Manchester, Belfast, Paris and Munich were active in the deals, underlining both our multi-jurisdictional delivery capability and the firm’s international credentials in the manufacturing sector.”