We have advised Magnera Corporation on the sale of its Caerphilly operations to leading specialist coating and film manufacturer Polyart Group, which is owned by Prudentia Capital.
Magnera is a NYSE-listed global materials company headquartered in the United States, serving more than 1,000 customers worldwide across a broad range of sectors, including hygiene products, protective apparel and construction applications.
The Caerphilly business produces metallised paper used in a range of end market applications, including premium labels, gift wrap and food packaging. The transaction follows a strategic portfolio review by Magnera of its manufacturing technologies, products and markets.
The team was led by Corporate and M&A partner Julie Book and director Amy Moriarty supported by solicitor Shaaf Alam and trainee solicitor Matthew Pegler as well as other specialists from across the firm.