French Paprec Group Acquires Majority Stake in Brantner Green Solutions

Paris / Frank­furt am Main — WEIL served as lead coun­sel to the Paprec Group in connec­tion with the acqui­si­tion of a majo­rity stake in Brant­ner Green Solu­ti­ons from the Brant­ner family. The tran­sac­tion is subject to custo­mary regu­la­tory approvals. 

The Paprec Group, head­quar­te­red in France, is one of Europe’s leading compa­nies in the circu­lar economy sector and covers the entire waste manage­ment value chain. The inter­na­tio­nal provi­der of compre­hen­sive solu­ti­ons for waste manage­ment and green energy gene­ra­tion will operate in fifteen count­ries by the end of the year, with appro­xi­m­ately 26,000 employees at 450 loca­ti­ons. With the acqui­si­tion of Brant­ner Green Solu­ti­ons, Paprec is ente­ring five new markets in Central and Eastern Europe—Austria, Slova­kia, the Czech Repu­blic, Roma­nia, and Serbia—thereby crea­ting a strong plat­form for further growth in the region. Brant­ner Green Solu­ti­ons, a family-owned company foun­ded in 1936, is a leading waste manage­ment company in Central and Eastern Europe. It employs appro­xi­m­ately 2,500 people at 65 loca­ti­ons and serves more than 28,000 muni­ci­pal, indus­trial, and commer­cial customers. 

The parties have agreed not to disc­lose the finan­cial details of the transaction.

Advi­sor to the Paprec Group: WEIL

The inter­na­tio­nal tran­sac­tion team was led by part­ners Andreas Holzgreve (Private Equity/M&A, Munich), Kamyar Abrar (Private Equity/M&A, Frank­furt), and Frédé­ric Cazals (Private Equity/M&A, Paris). The team also included part­ners Benja­min Rapp (Tax Law, Munich) and Ning-Ly Seng (Anti­trust Law, Paris), as well as coun­sel Julia Schö­fer (Private Equity, Munich), and asso­cia­tes Maxi­mi­lian Kucher­nig, Kevin Mägerle (both Private Equity, Munich), Maxi­mi­lian Schatz (Private Equity, Frankfurt/Munich), Ines Kova­ce­vic (Anti­trust, Paris), Daniel Reich (Tax Law, Frank­furt), Florian Strief­ler, and Nico­las von Wallis (both Tax Law, Munich).

The WEIL team was assis­ted on matters of Austrian law and other local legal regu­la­ti­ons by a Kinstel­lar team led by Horst Ebhardt and Hart­wig Kienast.

About WEIL

Weil, Gotshal & Manges is an inter­na­tio­nal law firm with more than 1,200 attor­neys. WEIL has offices in New York, Austin, Boston, Brussels, Dallas, Frank­furt, Hong Kong, Hous­ton, Los Ange­les, London, Miami, Munich, Paris, San Fran­cisco, Washing­ton, D.C., and Sili­con Valley. In Germany, the U.S.-based firm is repre­sen­ted by two offices in Frank­furt and Munich. Here, the firm focu­ses on provi­ding specia­li­zed coun­sel to natio­nal and inter­na­tio­nal clients in cross-border private equity and M&A tran­sac­tions, high-profile liti­ga­tion matters, complex restruc­tu­rings and finan­cings, as well as tax planning.