Paksoy, working with Paul, Weiss, Rifkind, Wharton & Garrison, has advised KPS Capital Partners on the acquisition of 80% of Crown Holdings’ EMEA food, aerosol, and promotional packaging business for EUR 2.5 billion. Also advising KPS Capital were Stibbe in the Netherlands, Gide Loyrette Nouel in Morroco, Cautrecasas in Spain and Portugal, Gleiss Lutz in Germany, Chiomenti in Italy, and Zepos & Yannopoulos in Greece. Dechert has advised Crown Holdings, with Bernitsas Law in Greece, Bennani & Associes in Morroco, De Brauw Blackstone Westbroek in the Netherlands, ENSafrica in Ghana, Garrigues in Spain and Portugal, Homburger in Switzerland, Lexel Juridique & Fiscal in Madagascar, Cellere Gangemi in Italy, Soltysinski, Kawecki & Szlezak in Poland, Kinstellar in Hungary, and Herguner Bilgen Ozeke in Turkey.
KPS Capital Partners is a private equity firm managing the KPS Special Situations Funds with over USD 12.3 billion of assets under management. Crown Holdings is a supplier of rigid packaging products to consumer marketing companies.
According to Paksoy, the European Tinplate business comprises 44 manufacturing facilities in 17 countries in Europe, the Middle East, and Africa.
Paksoy’s team included Partner Elvan Aziz and Associate Simge Sengun
Bernitsas Law’s team was led by Partners Lambros Belessis and Evi Kitsou and included Counsel Fotodotis Malamas, and Senior Associates Maria Kloni and Christina Zakopoulou.
SK&S's team included Partner Robert Gawalkiewicz, Senior Counsel Anna Kratiuk, Senior Associates Michal Dawidowicz, Filip Sodulski, Bartlomiej Debski, and Tomasz Duchniak, and Associates Piotr Srebro, Aneta Bak, and Malgorzata Krok.
Kinstellar's team included Partner Gabor Gelencser, Senior Associate Marcell Horvath, and Junior Associate Judit Sos.