BPV Huegel has advised the Irish Zeus Packaging Group on the acquisition of Austrian-based food packaging company Petruzalek from Italian investment holding company Italmobiliare. Gattai, Minoli, Agostinelli & Partners and Pelzmann Gall Gross — the Austrian office of EY Law — advised the sellers on the transaction, which remains subject to regulatory approval.
According to BPV Huegel, Petruzalek has subsidiaries across 12 countries in Western, Central, and Eastern Europe. According to the firm, "Petruzalek’s product range utilizes low-environmental-impact renewable, recyclable, and compostable materials that will further deepen Zeus’s focus on sustainability.”
BPV Huegel’s team included Partners Elke Napokoj, Stefan Gaug, Michaela Pelinka, Sonja Durager, and Gerhard Fussenegger, Attorney Walter Niedermueller, and Associate Daniel Grimmer.
Gattai, Minoli, Agostinelli & Partners' team was led by Partner Federico Bal.
Pelzmann Gall Gross's team was led by Partner Georg Perkowitsch.
Editorial Note: After this article was published, CEE Legal Matters learned that Arzinger acted as Ukrainian advisor to the Zeus Packaging Group, "in particular, [on] obtaining permission to concentrate and financing issues" related to the deal. The Arzinger team was led by Managing Partner Timur Bondaryev, Partner Alexander Plotnikov, and Adviser Anton Molchanov and included lawyers Edem Mensilov and Kirill Senishin.
