Global law firm Norton Rose Fulbright has advised the Norwegian group Elopak, one of the world’s leading manufacturers of carton food packaging, on the acquisition of 100% of Naturepak Beverage Packaging, a carton and packaging systems leader in the MENA region, from Gulf Industrial Group Company Plc and Evergreen Packaging International LLC.
The €83 million transaction is pending the usual conditions precedent in such matters in addition to required regulatory authorizations.
This transaction will allow Elopak to extend its influence in growth markets, particularly in the Middle East and Africa, by integrating the two production units of Naturepak Beverage, located in Morocco and Saudi Arabia, into its global production network.
The Norton Rose Fulbright team advising Elopak on this transaction was led by Godefroy Le Mintier, corporate M&A counsel within the MENA team in Paris and Casablanca. He was assisted by associate Fatima Arrazki (Moroccan law); counsel Arnaud Sanz and associate Constance Chevreste (competition law); partner Nadège Martin (IT/IP); and partner Antoine Colonna d´Istria and associates Chloë Mockel and Alexandra Bloch-Manikow (tax law).
For further information please contact:
Carole Guettier, Senior business development manager
Tel: +33 1 56 59 52 75;
Charles Billiard, Communication Executive
Tel: +33 1 56 59 52 96;