Sorainen has advised Graphic Packaging International on the Estonian aspects of its approximately USD 1.45 billion cash acquisition of the AR Packaging Group from the CVC Capital Partners Fund VI. DLA Piper Stockholm was lead counsel to GPI on the deal.
Graphic Packaging International and the AR Packaging Group are producers of sustainable fiber-based consumer packaging solutions.
According to Sorainen, the transaction is expected to close in four to six months and is contingent on regulatory approvals and other customary conditions.
Sorainen’s team included Partner Toomas Prangli, Of Counsel Isabella Barbara Tisenhusen, Associate Andra Grunberg, and Legal Assistant Kadri Puu. The firm could not disclose further information about the deal.