DWF, working with US lead counsel Haynsworth Sinkler Boyd, has advised Sonoco Products Company on the USD 120 million sale of its Europe contract packaging business, Sonoco Poland-Packaging Services sp. z o.o., to Prairie Industries Holdings. Mayer Brown and the Polish office of Wolf Theiss advised Prairie Industries Holdings on the transaction, which remains subject to regulatory review.
Sonoco Poland-Packaging Services provides full-service custom packaging and supply chain management solutions to global consumer product goods companies through six contract packaging facilities in three locations and a warehouse all in Poland.
Prairie Industries Holdings is a Wisconsin-based contract packaging and contract manufacturing firm that is backed by The Halifax Group, a Washington, D.C.-based global investment firm.
DWF's Warsaw-based team consisted of Partner Adrian Jonca, Local Partner Izabela Szczygielska, Counsels Lech Najbauer (who led the DWF team) and Marta Wysokinska, Senior Associates Mateusz Baszczyk and Izabela Plis, and Associates Aleksander Zielinski, Patrycja Caban, and Adrianna Gnatowska. Also on the firm's team were Paris-based Partner Mathilde Plenat, London-based Partner Helga Breen, Dusseldorf-based Partner Daisy Walzel, Munich-based Senior Associate Thorsten Kuehnel, and London-based Solicitor Ingrid Nixon.
Wolf Theiss's team included Partner Jacek Michalski, Counsels Maciej Olszewski and Marcin Rudnik, and Associate Anna Nowodworska.
Editorial note: On December 3, 2020, DWF announced the completion of the deal.