SIG Combibloc Group as it entered into an agreement to acquire 100% of Scholle IPN, a privately held company, for an enterprise value of 1.36 billion euros. NautaDutilh acted as Dutch legal counsel to SIG.
SIG is a leading systems and solutions provider for aseptic carton packaging, whereas Scholle is a top global supplier of flexible packaging solutions. This acquisition diversifies SIG’s exposure to growing and resilient end-markets. SIG and Scholle have many similarities and are highly complementary businesses in terms of systems and product offering.
The NautaDutilh team was led by Joost den Engelsman and Lieke van der Velden and included Maarten Schellingerhout and Thomas Castermans (Corporate M&A).
NautaDutilh worked closely together with Latham & Watkins, whose team was led by Michael Bond. "We would very much like to congratulate our client SIG Combibloc Group AG on its acquisition of Scholle IPN! It was a great pleasure to work alongside Latham & Watkins again. Completing a transaction of such scale within a short time frame took a real team effort." says lead partner Lieke van der Velden.
The team further included Naud van Doorn (Corporate M&A), Sanne Mesu (Corporate Notarial), Edward Rijnhout and Sjuul Jentjens (Tax), Huub Verschoor (Finance), Daniel Kuiper, Arjan Koorevaar (Employment), Pieter de Jong (Pensions), David Wumkes, Lianne de Olde, Iemie de Boer, Madelon de Blok (Real Estate), Fleur Folmer, Sigrid Heibrant, Noor Boekelman (IP), Anke Holtland (Regulatory), Terrence Dom, Danique Knibbeler (Data Protection), Jasmijn van Koetsveld and Casper van der Meulen (Competition), Marleen Velthuis and Isabelle Wilcke (Compliance).