Allen & Overy’s Prague office has advised the Ball Corporation on its acquisition of land for the planned EUR 170 million construction of a manufacturing plant in the Borske Terasy industrial park located in Pilsen.
The plant is expected to open in October 2022.
Ball is a US-based packaging manufacturer that was founded in 1880, operates in over 100 locations, and currently employs more than 21,000 people worldwide.
According to Allen & Overy, the plant is designed to manufacture 100% recyclable beverage packaging.
Allen & Overy’s team consisted of Partner Prokop Verner and Associate Martin Bytcanek.
Allen & Overy could not disclose further details about the transaction.