Macfarlanes advises KPS Capital Partners on €2.25bn acquisition of European tinplate business from Crown Holdings Inc
One of the largest metal packaging businesses in Europe, the company has 44 manufacturing facilities in 17 countries in Europe, the Middle East and Africa making food cans, aerosols, metal closures and promotional packaging for a variety of consumer brands.
KPS Capital Partners, which specialises in investments within the manufacturing and industrial sectors, plans to continue the company’s strategies for growth and innovation.
The deal is expected to close in Q3 2021 subject to normal regulatory approvals and closing conditions.
The Macfarlanes team was led by corporate and M&A partner Justin Hope with assistance from solicitors Patrick O’Connor and Nick Gordon. Commercial advice was provided by partner Malcolm Walton, senior solicitor Anne Todd and solicitor Rob Grant with real estate expertise coming from partner Tom Pedder and senior solicitor Rebecca Ashton. Additional tax support was provided by senior solicitor Rose Swaffield.