A&O Shearman has advised Schumacher Packaging on the sale of its Polish subsidiaries to Saica Group.
Schumacher Packaging is a European manufacturer of customized corrugated and solid board packaging.
Spain-based Saica Group provides sustainable solutions for the production of paper and packaging as well as waste management.
According to A&O Shearman, "the Polish operations of the Schumacher Group employ over 1,500 individuals and encompass two state-of-the-art corrugated board plants in Bydgoszcz and Wroclaw, two paper mills in Grudziadz and Myszkow, and three service centers."
The A&O Shearman team included Warsaw-based Partner Jaroslaw Iwanicki, Counsel Justyna Ostrowska, Senior Associates Maciej Szykut, Joanna Kaleta-Szykut, Kamil Jablonski, Marcin Ziarkowski, Aleksandra Deszynski, and Antoni Roszkowski, Associates Pawel Grzesik, Mateusz Kwolek, Katarzyna Fus-Starzec, and Julia Pytko, and Intern Maria Kania as well as additional lawyers in Germany.
A&O Shearman could not disclose additional information on the deal.
