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CMS and Binder Groesswang Advise on Alpla's Acquisition of Wolf Plastics

CMS and Binder Groesswang Advise on Alpla's Acquisition of Wolf Plastics

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CMS has advised plastic packaging and recycling company Alpla on its acquisition of the Wolf Plastics Group. Binder Groesswang advised the sellers on the deal.

The transaction remains contingent on regulatory approval.

Alpla is an Austria-headquartered international company active in plastic packaging solutions. Wolf Plastics is an Austrian company with three independent production facilities located in Austria, Hungary, and Romania. According to CMS, "Wolf Plastics is one of the market leaders in its field in Central and South-eastern Europe ... specialized in producing plastic containers and canisters for the construction, chemical, and food industries for decades."

"Wolf Plastics has decades of experience in product areas in which we want to increase our representation in order to expand our portfolio and grow in Central and South-Eastern Europe," said Alpla CEO Philipp Lehner.

"Sustainability is becoming more and more important in the market segments covered by Wolf Plastics too. This is precisely where we at Alpla can apply our expertise and our market position," added Alpla Regional Manager CEE Rainer Widmar.

The CMS team was led by Partner Alexander Rakosi and included Austria-based Partners Dieter Zandler, Jens Winter, Robert Keisler, and Sibylle Novak, Counsel Hans Lederer, Attorneys Johannes Scharf, Marie-Christine Lidl, and Florian Mayer, and Associates Anna Hiegelsperger, Christoph Birner, Thomas Liegl, Vanessa Horaceck, Marlene Wimmer-Nistelberger, Mariella Kapoun, and Andreas Lichtenberger; Romania-based Partner Horea Popescu, Counsels Claudia Nagy and Mircea Moraru, Senior Associates Elena Andrei, Raluca Ionescu, and Alexandru Dumitrescu, Associates Simona Strava, Cristina Ciomos, and Catalin Vasile, and Junior Associate Eduard Roventa; and Hungary-based Partner Aniko Kircsi, Senior Counsels Szilvia Kabacs and Marton Domokos, Senior Associates Laszlo Jokay, Dorottya Varga-Giesz, Istvan Tamas Rigo, Gabor Kutai, Miklos Boros, and Boglarka Peszeki, and Associates Mark Molnar and Zsolt Zsurzsa.

The Binder Groesswang team was led by Partner Florian Khol and included Senior Associate Christoph Schober.

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Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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