Eversheds Sutherland has advised E. Hofmann Plastics on its acquisition of PAP Packaging from Manfreplast in Liquidazione. Urban & Hejduk advised the sellers.
E. Hofmann Plastics Group is a manufacturer of food and industrial plastic containers and packaging with 25 years of experience in the Canadian market.
According to Eversheds Sutherland, the acquisition was part of an auction process held in connection with the liquidation of the seller, the Italian company Manfreplast in Liquidazione and it “prevented the threat of insolvency and enabled the continuation of production of the Czech company with a significant history dating back to the founding of the Solo Susice match factory.”
The Eversheds Sutherland team included Managing Partner Borivoj Libal and Associate Jan Houlik.
The Urban & Hejduk team included Partner Jakub Jirovec, Senior Attorney at Law Jakub Valenta, and Attorney at Law Kristyna Ticha.
