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Boyanov & Co Advises UniCredit and UBB on Financing Plastchim-T's Acquisition of Manucor

Boyanov & Co Advises UniCredit and UBB on Financing Plastchim-T's Acquisition of Manucor

Bulgaria
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Boyanov & Co, working with Gianni & Origoni, has advised UniCredit Bulbank and the United Bulgarian Bank on their financing for Plastchim-T's acquisition of Manucor.

According to Boyanov & Co, Bulgarian company Plastchim-T is "one of the leading privately owned European manufacturers of biaxially oriented polypropylene films, cast polypropylene films, and flexible packaging products. Manucor is an Italian company founded in 1987 and has grown to become a major biaxially oriented polypropylene manufacturer. The acquisition will expand the existing joint manufacturing capacity up to 200,000 tons annually, strengthen the logistics and distribution network in Europe, as well as allow film lineup by adding a significant base of loyal clients."

The Boyanov & Co team included Partners Damian Simeonov and Nickolay Nickolov and Principal Associate Ralitsa Nedkova.

Boyanov & Co did not respond to our inquiry on the matter.