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Schoenherr Advises Albea on Acquisition of Scandolara Slovakia

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Schoenherr Bratislava has advised the Albea group on the acquisition of 100% of the shares in Scandolara TUB-EST, s.r.o., a Slovak subsidiary of the Italian Scandolara Group, which produces laminate tubes. The Scandolara Group was represented by Studio Legale D’urso–Zena e Associati and the Slovak law firm Maple & Fish.

Schoenherr describes Albea as "one of the world's leading packaging companies providing a wide range of solutions for the make-up, fragrance, skincare, personal and oral care markets,” and says that “headquartered in France, Albea operates 34 manufacturing facilities in 13 different countries across Europe, the Americas, and Asia.”

Schoenherr supported Albea's Senior Legal Counsel, Abir Mansour Afara, on all Slovak legal aspects of the transaction, including the due diligence, drafting, and negotiation of the SPA and financing of the acquisition.  

"Slovakia's high growth economy and stable outlook have translated into increased foreign direct investment, particularly in the manufacturing industry,” said Sona Hekelova, Partner at Schoenherr Slovakia, who led the firm’s team on the deal. "This deal underscores the fact that the Slovak economy is firmly integrated into global value chains, with leading international companies choosing to invest here.”  

In addition to Hekelova, the Schoenherr team advising Albea included Attorneys Peter Devinsky and Michal Lucivjansky and Associate Tomas Silhanek.

Maple & Fish did not reply to our inquiries on the matter.