WKB has assisted Ball Corporation on the sale of 4 subsidiaries in Poland, part of its global sale of subsidiaries to the Ardagh Group. Skadden, Arps, Slate, Meagher & Flom acted as the lead global counsel to Ball Corporation.
Ball Corporation has 4 subsidiaries in Poland, which produce standard and slim aluminum cans for beverage packaging for many European markets. The sale of the Polish subsidiaries was one of the requirements set by the European Commission in connection with Ball Corporation’s June 2016 acquisition of Rexam PLC, which made it the largest manufacturer of beverage cans in the world.
WKB acted as a Polish local counsel advising Ball Corporation on the Polish law aspects of the transaction, including limited vendor due diligence process and drafting and negotiating Polish transaction documents for a pre-closing restructuring and the main sale.
The firm’s team was led by Partner Jakub Jedrzejak, International Partner Ben Davey, and Associate Anna Rataj.
Editor's Note: After this article was published, Serbia's BDK Advokati announced that Senior Associate Marija Doci had led the firm's team advising Ball Corporation on "internal corporate restructuring and divestment of assets that followed the GPB 4.3 billion-worth acquisition of Rexam, a UK based rival."
