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Closing: Sale of CP Glass's Orzesze Operations to BA Glass Now Closed

Closing: Sale of CP Glass's Orzesze Operations to BA Glass Now Closed

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On April 5, 2024, Wardynski & Partners announced that the Canpack Group's CP Glass's sale of its glass production business in Orzesze, Poland, to BA Glass (reported by CEE Legal Matters on December 12, 2023) had closed after having received merger control approval from the Polish competition authority.

The Canpack Group – part of Giorgi Global Holdings – is a manufacturer of aluminum beverage cans and packaging solutions for the food and beverage industries, as well as glass bottles and metal closures. Headquartered in Krakow, the Canpack Group employs approximately 9,000 people worldwide and has operations in 16 countries.

BA Glass is a producer of glass packaging employing over 5,000 people. It operates 13 plants out of which two are located in Poland, two in Bulgaria, one in Romania, and one in Greece.

As previously reported, MJH Moskwa Jarmul Haladyj advised BA Glass on the acquisition. Wardynski & Partners advised the Canpack Group on the sale.

The MJH team was led by Partners Pawel Moskwa and Lukasz Blazejczyk and included Senior Counsel Mateusz Baszczyk and Associate Artur Szczepaniak.

The Wardynski & Partners team was led by Partners Adam Pawlisz and Michal Nowacki and included Partners Jakub Macek and Michal Glinski, Senior Associates Dominik Kaszuba and Marcin Rzysko, Lawyers Marcin Kulesza and Lukasz Bondaruk, and Junior Associate Adrian Budny.

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