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Paksoy, Shearman & Sterling, and Ozbek Advise on Deutsche Beteiligungs' Acquisition of Majority Stake in Cartonplast Group

Paksoy, Shearman & Sterling, and Ozbek Advise on Deutsche Beteiligungs' Acquisition of Majority Stake in Cartonplast Group

Turkey
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Paksoy and Shearman & Sterling have advised DBAG Fund VII and Deutsche Beteiligungs AG on the acquisition of a majority stake in Cartonplast Group from London-based financial investor Stirling Square Capital Partners. The Ozbek Attorney Partnership advised Stirling Square Capital on the transaction, as well as, reportedly, Latham & Watkins, J&A Garrigues, Pinheiro Neto Advogados, and Noerr Biedecki.

According to Paksoy, “Cartonplast Group is a European operator of a pool system for reusable plastic layers used mainly for the transportation of glass containers in the food and beverage industry.” It operates in 16 markets, including Turkey.

The Paksoy team included Partner Stephanie Beghe Sonmez and Associate Miray Cura.

The Ozbek Attorney Partnership team included Partners Atahan Sevimli and Selen Gures and Senior Associate Ece Ersoy.

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