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Schoenherr Advises Borealis on Acquisition of Integra Plastics

Schoenherr Advises Borealis on Acquisition of Integra Plastics

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Schoenherr has advised Borealis AG on the agreement to purchase Bulgarian polyethylene and polypropylene recycler Integra Plastics. Boyanov & Co and CMS reportedly advised on the deal as well.

Headquartered in Vienna, Borealis AG is a provider of advanced and circular polyolefin solutions and a provider of base chemicals, fertilizers, and the mechanical recycling of plastics. The company employs around 6,000 people and operates in over 120 countries. It generated a net profit of EUR 2.1 billion in 2022.

According to Schoenherr, "Integra Plastics JSC is one of the most advanced plastics recycling companies in Europe, producing high-quality PCR resins. It specializes in the production of top-quality low-density polyethylene, high-density polyethylene, and polypropylene granules, with color variation and an annual capacity of 30,000 metric tons."

The Schoenherr team was led by Partner Alexandra Doytchinova and Attorney at Law Katerina Kaloyanova-Toshkova.

Boyanov & Co. at a Glance

BOYANOV & Co. is renowned for its exceptional services and extensive experience in a wide array of industries. As a co-founder and initiator of the SEE Legal Group, the firm has significantly influenced the legal landscape in the region.
Established in 1990, BOYANOV & Co. has been instrumental in advising on numerous landmark transactions in Bulgaria, earning an unrivalled reputation both locally and internationally as the go-to law firm for multinational businesses.
The firm's market leadership is underpinned by the superior quality of its services, which are informed by years of experience in international transactions, a deep understanding of local, European, and international law, and the exceptional expertise of its professionals. The diverse industry experience provides the firm with unique insights and a comprehensive understanding of its clients' businesses and their respective markets, enabling it to transfer successful solutions across borders.
BOYANOV & Co. offers a broad spectrum of integrated services, with notable expertise in Mergers and Acquisitions (M&A), Restructuring, Banking & Finance, Energy & Natural Resources, Technology, Media, and Telecommunications (TMT), Intellectual Property, Competition, Real Estate and Infrastructure, Employment, and Dispute Resolution.

Firm website.

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