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CMS advises ALPLA on the Acquisition of Recycling Companies in Spain

CMS advises ALPLA on the Acquisition of Recycling Companies in Spain

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CMS has advised ALPLA on its acquisition of Spanish recycling companies Suminco S.A. and Replacal S.L. Barcelona's Fornesa Ceca Magan law firm advised the sellers.

Both companies are part of a Spanish family business with more than 35 years of experience in the production of HDPE recyclates. The annual capacity of the plants is to be expanded to up to 35,000 tons. Business operations will continue as before, with the existing management. Financial details were not disclosed, and both signing and closing occurred simultaneously.

ALPLA is an Austrian plastics manufacturer that specializes in blow-moulded bottles and caps, injection-moulded parts, preforms, and tubes.

CMS team consisted of, in Vienna, Partners Alexander Rakosi and Dieter Zandler, Associates Florian Mayer, Ruth Bittner, Marco Selenic, and Christoph Birner, and Legal Assistant Matthias Emich; and in Spain, Partner Luis Miguel do Dios and Associates Tobias Kalnay and Elena Alcazar.

The Fornesa Ceca Magan team was led by Partner Tomas Fornesa.

Editor's Note: After this article was published CMS informed CEE Legal Matters that ALPLA acquired Suminco S.A. and Replacal S.L. from Trativo S.L.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.