Change of Shareholder: One Equity Partners acquires ALLTUB Group
Frankfurt am Main — Allen & Overy LLP has advised private equity investor One Equity Partners (“OEP”) in connection with the financing of the acquisition of ALLTUB Group (“ALLTUB”), the global market leader in aluminum packaging.
The international Allen & Overy team advised on the complex financing structure of the transaction, consisting of a unitranche financing in the form of bonds, provided by Partners Group.
ALLTUB is the world leader in flexible aluminum tubes for packaging products in the pharmaceutical, cosmetics and food sectors, as well as for industry. The company has six production sites in France, Germany, Italy, the Czech Republic and Mexico, employs 1,400 people worldwide and generates annual sales of more than 150 million euros.
OEP is a private equity investor with offices in New York, Chicago and Frankfurt and over $7 billion in assets under management, investing primarily in successful middle-market companies in North America and Europe active in the industrial, healthcare and technology sectors.
The Allen & Overy team was led by partner Thomas Neubaum and counsel Bianca Engelmann and also included senior associate David J. Schmidt, associate Enda Jordan and transaction support lawyers Anastasiya-Evangelina Wiegand (all Frankfurt) and Angelika Pikulska (Munich, all banking and finance). The international team included: Partner Jean-Christophe David, Senior Associate Asha Sinha and Associate Dorian Le (all Banking and Finance), Partners Dan Lauder (International Capital Markets), Mathieu Vignon (Tax, all Paris) and Stefano Sennhauser (Milan), Counsel Silvie Horackova (Prague, both Banking and Finance), Senior Associate Lorraine Miramond (Paris, International Capital Markets), Associates Gijs Kerstjens (Amsterdam), David Bujgl (Prague, both Banking and Finance), Virginie Chatté (Paris), Charlotte Hoff (Amsterdam, both Tax), Juriste Thibault Debrai-Malot (Paris, Corporate) and Peerpoint Consultants Jacqueline Bell and Carolijn Ulmer (both Amsterdam, both Banking and Finance).