Latest News | 16 December 2024
Law firm advises on international deal
Flint Bishop has advised on the sale of a Polish-based packaging firm to a German company.
Martyn Brierley, head of the law firm’s corporate team, acted as lead advisor to the selling shareholder of Peak Packaging Poland on its sale to Liner Factory, a subsidiary of the German corporate group, Ringmetall SE.
Headquartered in Bartoszyce, Peak Packaging Poland is a specialist supplier of large container liners for the food, beverage, cosmetics, pharmaceutical, and chemical industry sectors.
The sale follows on from Flint’s prior work earlier in the year in demerging Peak Packaging Poland from the wider Peak Packaging business operating in the UK.
Martyn said: “Having supported Peak Packaging for over 20 years, it was an absolute pleasure to advise the selling shareholder on this transaction.
“We’re looking forward to seeing Peak Packaging Poland flourish under the ownership of the German group, Ringmetall, and also to see Peak Packaging in the UK continue to grow its market share of the smaller bag-in-box product.”