On 31 December 2010 LINPAC Group, plastic packaging manufacturer, disposed of six non-core businesses.
The transaction involved two share sales and four asset sales, resulting in Chamonix Private Equity acquiring 100% of each of the businesses.
The transaction involved a range of issues including international elements, TUPE transfers, IP assignments, contract novations, insurance and property.
Alexandra Denison, Corporate Partner at Marriott Harrison LLP, commented: “We are delighted to have been able to advise LINPAC on a successful transaction that involved the important strategic disposal of several of its businesses”.
LINPAC was advised by Marriott Harrison LLP, Ernst & Young and Delsol Avocats (French counsel). Alexandra Denison (Corporate partner) led the Marriott Harrison LLP team, comprising Ben Devons and Yasha Gosrani (Corporate), Bob Cordran (Employment) andAndrew Astachnowicz (Property).
Alexandra Denison, MH Corporate
Marriott Harrison LLP